Skip to Main Content

Enter search term Search
About Us
We’re one of 12 regional Federal Reserve Banks working together with the Board of Governors to support a healthy economy. Our job is to serve the American public — to serve you. And our mission is to foster economic stability and strength.

Learn more about our bank >
Economic Research
We conduct research to support policymaking and thought leadership on issues important to the Federal Reserve and the Fifth District. We also inform the public through our data and economic analysis, publications, presentations and educational resources.

Learn more about Economic Research >
Region & Communities
We share research, data and resources and regularly engage regional leaders and policymakers to understand and address community‑specific economic issues.
- Our Region
Banking Supervision
We promote the safety and soundness of individual financial institutions, monitor their impact on the financial system, and ensure that financial institutions are protecting consumers.
- Our Team
  - Leadership
  - Financial Economists
Payments Services
We help keep the country's electronic payment system running and make sure banks have enough cash and coin to do business.
- Payments Overview
- Payments Outreach
- Financial Services
- Payments 101

Macro Minute

February 10, 2026

All in the Same Boat: A Look at States’ Unemployment Rates

Has the slowing in the labor market been common across states? Some states may be bearing the brunt of a softening labor market more than others.

February 3, 2026

A Tale of Two PCEs: Market- and Nonmarket-Based Prices

This week's post explores market- and nonmarket-based prices, including the finding that the bulk of total and core PCE is comprised of market-based components, although the share has been decreasing.

John O'Trakoun and Samina Stack

January 13, 2026

How Much Revenue Has Been Raised by Tariffs So Far?

As of October, the average effective tariff rate for the U.S. stood at 11.4 percent, which would be the highest rate since 1943.

Marina Azzimonti, Jacob Titcomb and John O'Trakoun

Contact Us

Research Department