U.S. Economy

Analyzing the Business Economic Outlook in the United States

Economic Data

Trimmed Mean PCE

The Trimmed Mean PCE inflation rate is an alternative measure of core inflation in the price index for personal consumption expenditures (PCE).

Weekly Economic Index

The WEI is an index of 10 daily and weekly indicators of real economic activity, scaled to align with the four-quarter GDP growth rate.

Market Value of U.S. Government Debt

Par and market values are reported for gross federal debt, privately held gross federal debt and marketable Treasury debt.

Mobility and Engagement Index

The MEI summarizes the information in seven different variables based on geolocation data collected from a large sample of mobile devices to gain insight into the economic impact of the pandemic.

Working Papers and Research

Research Working Papers

U.S. Economic Activity During the Early Weeks of the SARS-Cov-2 Outbreak

This paper describes a weekly economic index (WEI) developed to track the rapid economic developments associated with the response to the novel Coronavirus in the United States.

Research Working Papers

The Impact of the COVID-19 Pandemic on the Demand for Density: Evidence from the U.S. Housing Market

This paper shows that the COVID-19 pandemic has re-introduced disease transmission as a dispersion force in modern cities.

Research Working Papers

Work from Home After the COVID-19 Outbreak

Based on rich novel survey data, we document that 35.2 percent of the U.S. workforce worked entirely from home in May 2020, up from 8.2 percent in February.

Inflation

A New View of the Relationship Between Oil Prices, Gasoline Prices and Inflation Expectations

It has been considered self-evident until recently that oil prices drive inflation expectations, but new evidence calls into question this conclusion.

Explore the National Economy

Dallas Fed Economics

Economic analysis and insights from the Federal Reserve Bank of Dallas.

U.S. Economy Charts

Monthly set of charts on U.S. economic activity, wages and prices and financial-sector developments

Behind the Numbers: PCE Inflation Update

This monthly update provides an in-depth analysis of the latest personal consumption expenditures (PCE) inflation data.