We produce a wide range of publications that share the latest data, analysis, and insights from various teams at the SF Fed. Our publications help inform and strengthen public understanding of economic issues and its impact on people and communities.

Economic Research Publications
FRBSF Economic Letter >
Economic analysis for general audiences
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The Economic Implications of Tariff Increases
Trade policy in the United States has been in flux in recent months. A theoretical analysis of recent increases in U.S. tariffs, including potential retaliatory tariffs by other countries, suggests a resulting drop in overall U.S. employment, although manufacturing employment increases. Results also indicate a decline in overall real income for the United States of around 0.4%, although this number masks important variation across U.S. states.
SF FedViews >
Analysis of current economic developments and the outlook
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SF FedViews: June 5, 2025
Daniel Wilson, vice president at the Federal Reserve Bank of San Francisco, stated his views on the current economy and the outlook as of June 5, 2025.
Working Papers >
The latest in economic research
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Incomplete Markets and Exchange Rates
We show imperfect risk-sharing within countries can reconcile the aggregate cyclicality of exchange rates in a two-country setting, i.e. the Backus-Smith puzzle, as long as exchange rates are sufficiently risky with respect to idiosyncratic states. In equilibrium, these exchange rate dynamics require that, despite a country experiencing higher consumption growth, idiosyncratic risk remains relatively elevated. […]
Community Engagement and Analysis Publications
Community Development Research Briefs >
Research briefs feature data and commentary on community development trends and issues.
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Homeownership Opportunities Beyond Single-Family: Quantifying the Current Landscape
Although homeownership is commonly portrayed as a single household living in a detached house, homeownership in the U.S. includes an array of opportunities, some of which provide more affordable entry points into owning a home.
Community Development Working Papers >
Working papers provide in-depth analysis of emerging community development issues from practitioners and scholars.
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Housing Market Interventions and Residential Mobility in the San Francisco Bay Area
Limited evaluation research exists on which housing solutions are most effective in stabilizing communities so that those who wish to stay are able to do so in the midst of an influx of newcomers. This study seeks to fill this gap by assessing patterns of individual and household mobility related to specific housing interventions in the nine-county San Francisco Bay Area. Specifically, this study examines impacts of market-rate and subsidized development, and tenant protections, including rent stabilization and just cause for evictions protections.