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To promote low inflation, full employment and financial stability, and provide services to financial institutions and the Treasury

SF Fed Blog

Employees Standing in Sun

How Does Weird Weather Affect National Employment?

How do short-run weather aberrations like heatwaves and excessive rainfall impact employment? A new economic model from San Francisco research advisor Daniel Wilson may hold the answer.

Read more on SF Fed Blog

Economic Letter

What’s Holding Back Business Formation?

Posted July 10, 2017

The pace of U.S. business start-ups has declined over the past few decades. Economic theory suggests that business creation depends on the available workforce, and data analysis supports this strong link. By contrast, the relationship between start-ups and labor productivity is less well-defined. Overall, policies that improve labor availability may help boost new business growth.

View past Economic Letters

In the News

From the President

The Global Growth Slump: Causes & Consequences

June 27, 2017

A public lecture hosted by Macquarie University

Sydney, Australia


Economic Outlook

July 14, 2017

Mark Spiegel, vice president at the Federal Reserve Bank of San Francisco, stated his views on the current economy and the outlook as of July 13, 2017.

From the Board

Beige Book

July 12, 2017

Summary of Commentary on Current Economic Conditions by Federal Reserve District

As a bachelor, bank examiner Jason Lew found a sense of family with coworkers on the road. Little did he know that just a few years later, he'd be part of a loving family of eight spread across two households in Salt Lake City.

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