Economic research tells us that zip code is destiny. In the San Francisco Fed’s new podcast, President Mary C. Daly finds that’s not always true, sharing stories of people, community, and hope from unlikely places.
Estimates suggest the new normal pace for U.S. GDP growth remains between 1½% and 1¾%. The slowdown stems mainly from demographic trends that have slowed labor force growth, about which there is relatively little uncertainty. Achieving GDP growth consistently above 1¾% will require much faster productivity growth than the United States has typically experienced since the 1970s.
Christian Westleigh served as a cryptographic linguist in signals intelligence with the United States Marines. He holds a Master's degree in emergency management and homeland security. And he's a police lieutenant at our Phoenix cash processing center.
We like to say we work for the Fed, not at the Fed. That’s because the SF Fed is not just another employer or government agency. Here, you have the opportunity to become part of an important public service institution whose work touches lives across the globe.