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What are the benefits and drawbacks of using diffusion indexes?

Economies experience times of growth and times of recession. Learn more about these fluctuations known as business cycles.

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Speech
Sept. 26, 2025
President Tom Barkin discusses risks to both sides of the dual mandate and shares his outlook for the U.S. economy.

Tom Barkin
President, Federal Reserve Bank of Richmond

Speech
Aug. 12, 2025
The fog is lifting. President Tom Barkin explores why the road ahead for the U.S. economy may be bumpy but bearable.

Tom Barkin
President, Federal Reserve Bank of Richmond

Speech
June 26, 2025

President Tom Barkin discusses what he’s seeing in the data, hearing from businesses and expecting in the months to come.

Tom Barkin
President, Federal Reserve Bank of Richmond