The SF Fed engages with businesses and communities across the region to gather real-time information on local economic conditions. These insights provide important context to quantitative data and analyses that the Federal Reserve uses to guide its monetary policy efforts.
We also work to connect constituents with research, expertise, and networks that strengthen local economies. In this way, regional engagement furthers the SF Fed’s mission of advancing the nation’s monetary, financial, and payment systems to build a stronger economy for all Americans.
The Federal Reserve’s system of 12 Reserve Banks, with the SF Fed representing the western states, helps ensure that local and regional perspectives inform Federal Reserve policies, actions, and decision-making.
Here are the highlights from our 2025 “Around the District” recap, shared by Laura Choi, Executive Vice President of Regional Engagement at the Federal Reserve Bank of San Francisco.
The Federal Reserve Bank of San Francisco (SF Fed) serves the Twelfth District, the largest district in the Federal Reserve System, representing nine western states, two territories, and a commonwealth. The Regional Engagement team is regularly on the ground across the District, listening and learning from business and community leaders to gather real-time information on local economic conditions. In 2025, several themes emerged from these conversations: resilience, adaptation, and a desire for stability.
Below are highlights from our engagement work across the District this year.
2025 Around the District Highlights
Explore more stories from the Twelfth District.
These insights provided important context to the quantitative data and analysis that inform the Federal Reserve’s monetary policy decisions. Key themes emerging from these discussions contribute to the Beige Book, which is published eight times annually. In addition, we connected constituents with research, expertise, and networks that support local economic economies – advancing our mission to build a stronger economy for all Americans.
Thank you all for sharing your time and insights throughout the year. We look forward to continuing this important work in 2026.
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The views expressed here do not necessarily reflect the views of the management of the Federal Reserve Bank of San Francisco or of the Board of Governors of the Federal Reserve System.