Holiday hiring is taking a hit this year. Our #BeigeBook report shows a smaller bump in seasonal employment and a sluggish job market. Our recap video serves up more insights to our regional economy, preparing you for economic discussions around the holiday dinner table. https://bit.ly/4rlbkaQ

And if you’d like to watch my conversation with Casey Lozar, the Director of the Center for Indian Country Development, about how data shortcomings affect Tribal nations, citizens, and communities, you can do so here: m.youtube.com/watch?v=Jta5...

Last month I had the honor of giving the fireside keynote at the @minneapolisfed.bsky.social’s Center for Indian Country Development data summit. @camohrwriter.bsky.social has put out a great new article overviewing the summit and its takeaways for Indian Country:

Read about economic conditions in Reserve Bank Districts in the #BeigeBook: (1/2) www.federalreserve.gov/monetarypoli...

How harmful are #tariffs to welfare? The answer hinges on a key parameter: trade elasticity. Michael Waugh and @simonovska.bsky.social#tariffsrun canonical trade models on actual price data and find richer micro-foundations imply more harm from trade barriers. https://bit.ly/3LWi2nC #EconSky

Hey, #EconSky! The U.S. Bureau of Labor Statistics is here @usbls.bsky.social! bsky.app/profile/usbl...

Uncertainties and challenging market conditions have left apartment owners and operators largely feeling pessimistic about the future, according to interviews we conducted in Minnesota and the Sioux Falls area last summer—but some saw cause for hope. https://bit.ly/3WG6CGD

Two export-heavy economies, two different growth paths: Unlike Mexico, China industrialized as it opened up, evolved its export mix, and benefitted from structural advantages like a stronger financial system. More in our new QR from Xing Xu & @tkehoe.bsky.social. https://bit.ly/3V2Ac8A

Over nearly 4 decades, Bill Spriggs made significant contributions to labor economics, economic policy, & economics profession. At @assameeting.bsky.social, the Institute, LERA, and @neaecon.bsky.social are co-sponsoring sessions to honor and celebrate his many contributions. https://bit.ly/4pkJN7M

In 2010, there were 1.2 job postings requiring a college degree for every 1 posting that did not. By 2020, the ratio was 0.6. Our new article from senior writer @lisacamnermckay.bsky.social looks at how the labor market for college grads has changed: https://bit.ly/4mUUNaZ

Regional Economic Conditions: Construction December 12 9-9:30am CT Join Regional Outreach Director @erickgarcialuna.bsky.social to discuss results from the fall survey of construction firms across the Ninth District. Register here: https://bit.ly/49lgqxk

Starting LIVE now: President Kashkari moderating a conversation with @ecolab-inc.bsky.social CEO Christophe Beck at the Economic Club of MN. Tune in to the livestream here ⬇️ https://bit.ly/4458tc2

Conversations with the Fed: A decade of economic research and data innovation in Indian Country November 20 10-11am CT Join a conversation with Casey Lozar as he provides an overview of economic research and data advancements in Indian Country. Register: https://bit.ly/4opyhaR

To ask a question during today’s Institute Research Conference, visit pigeonhole.at/2025INSTITUTE . Our moderators will relay select questions to presenters during Q&As.

Neel Kashkari, @minneapolisfed.bsky.social President, kicks off the 2025 @oiginstitute.bsky.social Research Conference. Watch live. minneapolisfed.org/live. #econsky

Starting LIVE now! Tune in: www.minneapolisfed.org/live

It’s time! Our annual conference starts at 9:30am CT with opening remarks from @minneapolisfed.bsky.social President Neel Kashkari followed by a keynote with Nobel prize winner David Card. Please join us for a day of research insights and scholarly exchange! Watch here: https://bit.ly/4gSFopm

Thank you to all who have served our country. We are so grateful for your courage, dedication, and sacrifice.

Conversations with the Fed: A decade of economic research and data innovation in Indian Country November 20 10-11am CT Join a conversation with Casey Lozar as he provides an overview of economic research and data advancements in Indian Country. Register: https://bit.ly/4opyhaR

Thanks to Shannon L. for this week's View from the Ninth employee photo submission, taken this summer at Glacier National Park in #Montana.

Both money and time with parents matter for children's long-run skill development, with important implications for the optimal size and shape of government transfers. Read @jmullins.bsky.social @umn-econ.bsky.social new paper: https://bit.ly/3WJHGhC

When it comes to Federal Reserve policy, it's not all about interest rates: What's the Fed's "balance sheet" and why should you care? Take two minutes and get a little more Fed Fluent with @jeffhorwich.bsky.social.

Watch this event focused on housing in North Dakota, with lessons on challenges and opportunities in housing for many markets all around the country. Join us now for this 5 hour event. minneapolisfed.org/live

Rapid rise. Quick recovery. Long-term unemployment didn't stay high for long after the COVID recession. But the baseline to which the labor market returned is itself the product of substantial long-run changes. In the new issue of @oiginstitute.bsky.social's For All magazine: https://bit.ly/42DHhk3

On Oct 8–9, hundreds of leaders from across Indian Country, the Federal Reserve System, and beyond came together for the Center for Indian Country Development's tenth-anniversary event and data summit—with thousands more joining online. Event recording here: https://bit.ly/46olnDu 📸: Caroline Yang

How much of the weak-looking U.S. labor market is explained by falling #immigration? Only about half, finds our Principal Research Economist Simon Mongey. Many signs point to a labor market struggling broadly, well beyond the effects of migration changes. https://bit.ly/4olkp1A

Watch Chair Powell’s statement from the #FOMC press conference: Intro clip: www.youtube.com/watch?v=VU-K... Full video: www.youtube.com/watch?v=gZsA... Press conference materials: www.federalreserve.gov/monetarypoli...

Chair Powell reads opening statement at the #FOMC press conference on October 29, 2025: youtube.com/shorts/n6Dsr...

Thanks to Ruthie G. for this week's employee submission for our Views from the Ninth photo series. This was taken on the Mississippi River in Hastings, #Minnesota. In southeast Minnesota, Hastings sits near the confluence of the Mississippi, Vermillion, and St. Croix Rivers.

Long-term #unemployment can be a desperate situation. Benefits expire, savings deplete, and debts grow. Our data dive in the latest For All looks at the share of unemployed workers who eventually enter long-term unemployment: https://bit.ly/42DHhk3

How does citizenship affect retirement savings? @erickgarcialuna.bsky.social shows U.S.-born & foreign-born workers don’t have equal access to 401(k)s & IRAs—except among top earners. Learn more: https://bit.ly/4jE6scp

As part of its research on homeownership, the Center for Indian Country Development explored the impact of a U.S. Department of Agriculture partnership that lends Native CDFIs capital to provide low-cost federal mortgages. Read insights from the pilot : https://bit.ly/46X4Bua

As head of microeconomic analysis at the @richmondfed.bsky.social, system affiliate John Bailey Jones brings quantitative rigor to economic decisions wrapped with up emotion or tradition. "I just want to understand what makes people tick." Read in new For All: https://bit.ly/4hn36dS

Job hugging? Our team finds that career counselors are advising people to hold onto jobs until they have another lined up. Watch our latest #BeigeBook video for more insights into regional economic conditions. Find the full report here: https://bit.ly/3W8j6Xo

Mark your calendars for the @oiginstitute.bsky.social's 2025 Institute Research Conference, a showcase of frontier-style research that the Institute engages with and supports. Visit link for event info and to register ⬇️ https://bit.ly/4gSFopm

This week President Kashkari and Bank staff visited Rapid City, SD as part of a regional outreach trip. The visit included roundtable discussions with local business leaders and a public townhall Q&A. Find the recording of the townhall event here: https://bit.ly/4qhqfT0

LIVE NOW: President Kashkari is participating in a town hall in Rapid City, SD as part of a visit to learn about economic conditions in the region. The conversation is moderated by Elevate Rapid City's Tom Johnson. Tun in here to watch: https://www.minneapolisfed.org/live

Watch President Kashkari live in a few minutes from Rapid City, SD. #econsky

President Kashkari will participate in a town hall in Rapid City, SD today (5-6pm CT) as part of a visit to learn about economic conditions in the region. The conversation will be moderated by Elevate Rapid City's Tom Johnson and will be livestreamed. Watch here: https://www.minneapolisfed.org/live

Out this week is the latest issue of our @oiginstitute.bsky.social magazine For All. Subscribe today. Extensive look this issue at trends in long-term unemployment among many other uniquely relevant topics in today’s economy and labor market. #econsky www.minneapolisfed.org/institute/fo...

Job hugging? Our team finds that career counselors are advising people to hold onto jobs until they have another lined up. Watch our latest #BeigeBook video for more insights into regional economic conditions. Find the full report here: https://bit.ly/3W8j6Xo

Automation, inflation, and firm power are changing labor markets. Institute advisor and Chicago Booth professor Erik Hurst wants to know how we will adjust in the long run. Read his interview with senior writer @lisacamnermckay.bsky.social: https://bit.ly/43d3pSs

At our research conference on 11/13, Nathaniel Hendren will present research on the determinants of credit access in the US. Which groups have more and less access to credit? Vicki Bogan discusses. Register here: https://bit.ly/4gSFopm #EconSky

Rapid rise. Quick recovery. Long-term unemployment did not stay high for long after the COVID recession. But the baseline to which the labor market returned is itself the product of substantial long-run changes. From Abigail Wozniak & Andrew Goodman-Bacon in new For All: https://bit.ly/42DHhk3

What are the major trends determining the course of overall #inflation? @jeffhorwich.bsky.social#inflationlooks at durable goods, market-based services, and housing and utilities next to their recent historical performance. The results show why this is a challenging moment for policymakers. #EconSky

The Ninth District has experienced significant interest from large-scale data center developers, but many projects are still in the planning stage. Read more about these developments in the latest article by Haley Chinander: https://bit.ly/3VVxUsc

At last week's Midwest Agriculture Conference, we were joined by farmers, the ag business community, and moderator @foxbusiness' Edward Lawrence for discussions on industry updates and trade conditions. www.chicagofed.org/publications... x.com/messages/med...

Private data like Harvard Business School Pricing Lab is now as important as ever. @jeffhorwich.bsky.social talked with Harvard's Alberto Cavallo about their findings on tariffs and how to interpret them. https://bit.ly/42zz4NM

Two Minnesota iron mines are still idled and hundreds of workers furloughed. What are the long-term prospects for the industry? @tuuyentran.bsky.social digs into the data to find out.