Trade policy in the United States has been in flux in recent months. A theoretical analysis of recent increases in U.S.

New data suggest that net migration into the United States has dropped sharply in 2025 from its historical highs, falling ...

A new data interactive and a recent webinar from the SF Fed Community Engagement and Analysis team shed light on ...

In 2024, the San Francisco Fed and the Federal Reserve System Innovation Office launched the EmergingTech Economic Research ...

Economic activity in the Twelfth District was somewhat subdued but largely stable during the mid-May to June reporting period ...

Thomas M. Mertens, vice president at the Federal Reserve Bank of San Francisco, stated his views on the current economy and the outlook as of July 17, 2025.

New data suggest that net migration into the United States has dropped sharply in 2025 from its historical highs, falling well below previous estimates.

Human capital development, namely education and workforce preparation, plays a crucial role in expanding access to opportunity and economic mobility for lower-income individuals. Promoting high ...

The Federal Reserve’s 12th District is home to 420 of the country’s 567 federally recognized Indian tribes, or about 74 percent. In addition, our district includes other indigenous populations, such ...