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U.S. Economy

Analyzing the Business Economic Outlook in the United States
In Focus
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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).

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economy
Behind the Numbers: PCE Inflation Update

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

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National Economic Update

Dallas Fed economists review recent economic conditions in the United States.

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Working Papers and Research

US Economy

The Taxable Income Elasticity

Using state-space modeling, we extract information from surveys of long-term inflation expectations and multiple quarterly inflation series to undertake a real-time decomposition of quarterly headline PCE and GDP-deflator inflation rates into a common long-term trend, common cyclical component, and high-frequency noise components.

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US Economy

Targeted Search in Matching Markets

This paper endogenizes the degree of randomness in the matching process by proposing a model where agents have to pay a search cost to locate potential matches more accurately.

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US Economy

Student Loan Relief Programs

This paper discusses the federal student loan repayment relief programs that are available and estimates their borrower and fiscal impacts.

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Economic Letter

U.S. Productivity Growth Flowing Downstream

Measurements of U.S. productivity growth have declined, particularly in the high-tech sector.

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Explore the National Economy
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U.S. Economy Charts

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

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U.S. Housing Market Charts

Monthly set of charts on U.S. and regional housing markets

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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.

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