California
With the distinction of being the most populous state in the Twelfth District and the state with the largest GDP in the country, California is home to both the SF Fed’s headquarters in San Francisco and its Los Angeles branch office. The Bank’s headquarters first opened in November 1914, while the Los Angeles branch office—which is both the District’s and the Federal Reserve System’s largest branch office—opened in 1920. Each day, the Twelfth District processes 77 million bank notes with the largest share handled by the Los Angeles branch.
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Contacts
Regional and Business Engagement
Community Development
Central Valley and Sacramento
Northern California
Southern California
Featured Publications
Around the District: Kern County, California
The SF Fed seeks out real-time information on economic conditions around the Twelfth District by engaging with and learning from businesses, community organizations, and local leaders. Here’s a snapshot of a recent visit to Kern County from Qiana Charles, Regional Executive of the SF Fed’s Los Angeles branch.
Mary C. Daly USC Price School Commencement Speech
Watch President Mary C. Daly deliver the keynote address at the 2023 commencement ceremony for the USC Sol Price School of Public Policy.
Community Close-Up: The “Donut Kids” of California
Community Close-Up is a photo series highlighting the experiences of people who make up our economy and stories of resilience from communities facing economic hardship. The latest in the series centers the voices and experiences of “donut kids”—a term coined by the children of Cambodian-American donut shop owners to acknowledge their shared identities growing up in and around donut shops.
Contacts
Regional and Business Engagement
Community Development
Central Valley and Sacramento
Northern California
Southern California
California News, Events, and Publications
Around the District: Kern County, California
SF Fed Blog |
Beyond the Numbers: Insights from Latina Business Leaders in Southern California
SF Fed Blog |
Beyond the Numbers: Listening to Higher Education Leaders about Post-Pandemic Challenges
SF Fed Blog |
Mary C. Daly USC Price School Commencement Speech
General Event |
Community Resilience and Disaster Recovery in Northern California
SF Fed Blog |
Recent Findings on Residential Instability in Oakland
Community Development Research Briefs |
Rising Interest Rates Dampen District’s Housing Market Activity
SF Fed Blog |
Resolute and Mindful: The Path to Price Stability
General Event |
Community Development Research Briefs |
2021 Small Business Credit Survey Reports: Arizona, California, Hawaii, Oregon, and Washington
Community Development Data |
In Conversation: Mary C. Daly with UC Berkeley’s Fisher Center for Real Estate & Urban Economics
General Event |
Comparing Measures of Housing Inflation
Economic Letter |
What We Learned about Residential Instability in the Bay Area during COVID-19
SF Fed Blog |
Understanding Climate Risk: What We Learned from Workforce Development Professionals
SF Fed Blog |
Investing in Community Infrastructure to Support Thriving Economies
SF Fed Blog |
Summer Climate Risk in Los Angeles: Wildfire Smoke’s Disparate Community Impact
SF Fed Blog |
Promoting Economic Participation through Regional Equity
SF Fed Blog |
Feeling the Effects of Drought in the Twelfth District
SF Fed Blog |
Policy Nimbleness Through Forward Guidance
General Event |
Origin Stories: Meet SF Fed’s Diverse Suppliers
Caron Ng, NU-SET
SF Fed Blog |
The Role of Care Work in Pandemic Recovery
SF Fed Blog |
Housing and Access to Credit Are Two Sides of the Financial Inclusion Coin
SF Fed Blog |
Commercial Real Estate’s Bumpy Road to Recovery
SF Fed Blog |
Home Care in the Twelfth Federal Reserve District: Snapshots by State
Community Development Data |
SF Fed Blog |
Overlooked Suburbs: The Changing Metropolitan Geography of Poverty in the Western United States
Community Development Research Briefs |
Supply Chain and Labor Shortages Dampen Q3
SF Fed Blog |
Pandemic Brings Increase in Fraud
SF Fed Blog |
Three Takeaways from “Addressing Climate Risk through Equitable Community Development” Webinar
SF Fed Blog |
First Half of 2021 Indicates Continued Labor Market Recovery
SF Fed Blog |
Real Estate Growth Driven by Supply and Demand in Q1
SF Fed Blog |
How Does Wildfire Risk Affect the Economy?
SF Fed Blog |
Celebrating Nowruz a la COVID-19
SF Fed Blog |
Zip Code Economies Season 1.5: Under Pain Lives Hope
SF Fed Blog |
Paycheck Protection Program Lending in the Twelfth Federal Reserve District: Snapshots by State
Community Development Data |
Child Care in the Twelfth Federal Reserve District: Snapshots by State
Community Development Data |
Three Lunar New Year Traditions You Can Participate in at Home
SF Fed Blog |
Employment/Rehiring Continues Its Rocky Road to Recovery
SF Fed Blog |
How Did COVID-19 Impact Small Businesses in 2020’s Q3?
SF Fed Blog |
What’s the Fate of America’s Cities?
SF Fed Blog |
How Bad Is the U.S. 2020 Fire Season?
SF Fed Blog |
As Rents Rise, Nonprofits Feel the Squeeze
SF Fed Blog |
How Did COVID-19 Affect Real Estate Lending in the First Quarter of 2020?
SF Fed Blog |
Climate Resiliency in the Age of COVID-19
SF Fed Blog |
SF Fed COVID-19 Resource Hub Available Now
SF Fed Blog |
Commemorating 100 Years in Los Angeles
SF Fed Blog |
What Can Banking Conditions Tell Us about the Economy?
SF Fed Blog |