The Center for Pacific Basin Studies (CPBS) organizes the Asia Economic Policy Conference (AEPC) series and the Pacific Basin Research Conference series in alternating years. The AEPC is the flagship ...

Since 1974, the Federal Reserve Bank of San Francisco has conducted an active Pacific Basin program to promote cooperation among central banks in the region and enhance public understanding of major ...

To better understand the potential impacts of AI on the economy, this analysis assesses workers likely to be exposed to AI on ...

Temporary layoffs accounted for essentially the entire increase in unemployment to its historically high rate in April 2020. Although the rate has come down since its peak, unemployment remains well ...

The unemployment rate has risen over half a percentage point since the second quarter of 2023. Individual survey data underlying the unemployment rate can help in assessing which labor market ...

Economic conditions in the Twelfth District were mixed during the October to mid-November reporting period. Employment levels largely held steady as most ...

The 2021 Diary of Consumer Payment Choice (Diary) finds that the COVID-19 pandemic has continued to affect the way U.S. consumers use and hold cash. The share of payments made in cash dropped sharply ...

The Congressional Budget Office recently raised its demographic projections for net U.S. immigration. Most of the increase in the projections came from undocumented immigrants. Updating the CBO ...

Employment growth has consistently come in above pre-pandemic estimates of the rate needed for unemployment to stay near its long-run natural rate. Even so, unemployment has held steady, which raises ...

The link between changes in U.S. inflation and the output gap has weakened in recent decades. Over the same time, a positive link between the level of inflation and the output gap has emerged, ...

At the onset of the pandemic in 2020, US consumers dramatically changed how they purchased goods and services, favoring credit cards by a significant margin and increasing their use of online payments ...

Young adults are more likely to own a home if their parents are homeowners than if their parents are renters. New research reveals how parents owning a home can lead to an increase in the persistence ...