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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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Aug. 3, 2023

President Tom Barkin discusses what’s driving the resilient U.S. economy and where it may be headed next.

Tom Barkin
President, Federal Reserve Bank of Richmond

Blog Post
August 03, 2023

How do state economies behave differently through the ups and downs of national business cycles? Do some states tend to enter recessions sooner (or later) than others? Are some states more recession-proof (or prone) than others?

Adam Scavette
Regional Economist

July 26, 2023

Nicolas Morales discusses his research on supply chains and the factors that can help them resist and recover from economic shocks, like the COVID-19 pandemic. Morales is an economist at the Federal Reserve Bank of Richmond.