The once red-hot southeastern housing market has cooled a bit in recent months. What factors are behind the cooling? An Atlanta Fed housing expert explains in this episode of the Economy Matters podcast: atlfed.org/4qXm1jC.

The Federal Reserve Bank of Atlanta announces the retirement of Dr. Raphael Bostic, president and chief executive officer. “It’s been my distinct honor and privilege to lead the Atlanta Fed for these past eight and a half years,” Bostic said. To read the press release, visit: atlfed.org/4nMNQIF.

AI may help increase the effective labor supply in today’s tight labor market, but Atlanta Fed’s David Altig notes that the productive potential of AI will still depend on investment in human capital. Read more in Dave’s new article for Workforce Currents: atlfed.org/47zyBy4

Examining how inflation varies across regions with different income levels, the authors of this working paper show that from 2006 to 2020, poorer metropolitan statistical areas (MSAs) experienced higher food inflation compared to wealthier MSAs. atlfed.org/47ueS2F.

On November 6, the GDPNow model nowcast of real #GDP growth in Q3 2025 is 4.0%: bit.ly/32EYojR. Download our EconomyNow app or go to our website for the latest GDPNow nowcast: bit.ly/2TPeYLT#GDP

The Southeast's housing market, often seen as a monolith, is a diverse ecosystem made up of many markets, geographies, and demographic groups. This Economy Matters article looks at Home Mortgage Disclosure Act data to observe trends in the region’s mortgage market. atlfed.org/4nHexhZ

Community engagement helps Fed decision-makers better understand Americans’ day-to-day economic experiences. Join us on Thursday, November 6, for a conversation with Fed Governor Michael S. Barr, as he discusses the value of community insights. Register: atlfed.org/43dPxaI.

This research from the Atlanta Fed explores the potential of digital identity technology for adopting payments innovations. Greater integration could mean improved identity verification, reduced financial crime, and accessible financial services: atlfed.org/43NbkpT.

They say the only constant is change, but even our pocket change is not constant. This Policy Hub: Macroblog post looks at the economic effects of the elimination of the penny from our daily transactions and considers other potential changes to come. atlfed.org/4oTXhqN.

Following the Federal Open Market Committee’s second rate decrease of 2025, Atlanta Fed president Raphael Bostic recently spoke on the policy move. This Economy Matters article looks at factors behind it and Bostic’s thoughts on what prompted the rate reduction. atlfed.org/43afUyh.

On November 3, the GDPNow model nowcast of real #GDP growth in Q3 2025 is 4.0%: bit.ly/32EYojR. Download our EconomyNow app or go to our website for the latest GDPNow nowcast: bit.ly/2TPeYLT#GDP

Examining welfare gains from transportation infrastructure investment, the authors of this working paper assess the welfare impact of upgrading segments of the US Interstate Highway System, highlighting where the returns to investment are highest: atlfed.org/43Oidar.

Examining the role of human capital in cross-country income differences, the authors of this working paper develop a general equilibrium model where workers of different skill groups sort into occupations by comparative advantage: atlfed.org/4hwYqSu.

Join the thousands of for-profit small businesses that take the annual #SmallBusinessCreditSurvey and help the Federal Reserve get vital information on the current business climate: fedreserveboard.gov1.qualtrics.com/jfe/form/SV_#SmallBusinessCreditSurvey...

Thank you to Lesley M. for sharing this breathtaking view from King's Chair Overlook in Oak Mountain State Park. With almost 12,000 acres and 100 miles of trails, Oak Mountain State Park is the largest park in Alabama's state park system. #ThisistheSixth

Oct 29: We’ve updated our Taylor Rule Utility data with the new fed funds target rate range midpoint when used in the heatmap following the recent FOMC meeting: atlfed.org/3WuVV9L

Business execs say three-quarters of firms develop sales revenue forecasts. Who is forecasting, and how they do it, vary considerably. To learn more about these forecasts, see Findings & Results: atlfed.org/47wWS6u

New Atlanta Fed research finds that states that used an antiquated programming language, COBOL, experienced a 2.8-percentage point decline in card consumption relative to the card consumption in states with more modern unemployment insurance benefit systems. atlfed.org/4oGmRzc.

Imagine if making online payments was as easy as trick-or-treating for Halloween candy? Could x402 be the protocol making online payment hurdles a thing of the past? Read more here: atlfed.org/4oM64Lw.

Tomorrow at 2:30 p.m. ET: Chair Powell hosts live #FOMC press conference: www.federalreserve.gov

On October 27, the GDPNow model nowcast of real #GDP growth in Q3 2025 is 3.9%: bit.ly/32EYojR. Download our EconomyNow app or go to our website for the latest GDPNow nowcast: bit.ly/2TPeYLT

Join the thousands of for-profit small businesses that take the annual #SmallBusinessCreditSurvey and help the Federal Reserve get vital information on the current business climate: fedreserveboard.gov1.qualtrics.com/jfe/form/SV_....

Oct 24: We’ve updated our Taylor Rule Utility data with updated inflation nowcasts from the @clevelandfed.bsky.social that incorporate data from today’s CPI release from the BLS: atlfed.org/3LsrZZq

While there is a broad-based slowing among some the near-term measures of underlying CPI inflation, all the year-over-year measures on the dashboard are still elevated relative to the FOMC's price stability mandate. atlfed.org/4otrPzs

The Atlanta Fed's sticky-price consumer price index (CPI)—a weighted basket of items that change price relatively slowly—rose 2.5% (on an annualized basis) in September, following a 3.6% increase in August. On a year-over-year basis, the series is up 3.3%. atlfed.org/3WmNIEv

#FedFAQ: What is the FOMC and when does it meet? #EconEdMonth The Federal Open Market Committee (FOMC) is the monetary policymaking body of the Federal Reserve System. #EconEdMonth Learn more: www.federalreserve.gov/faqs/about_1...

Firms’ inflation expectations for the coming year held steady at 2.3 percent. Sales levels and profit margins compared to "normal times" increased, according to the Atlanta Fed’s latest Business Inflation Expectations survey. atlfed.org/4hrL0r4

Everyone knows “404 Page Not Found.” Here comes “402 Payment Required,” the code that could power the future of frictionless, invisible online payments. Pay for what you want, instantly, without the checkout maze. atlfed.org/4ovnpYJ

Ever wondered how the Fed ensures banks can withstand economic shocks? Learn about stress testing and other tools the Federal Reserve uses to promote financial stability in our latest article. atlfed.org/4qfIV5q.

Although affordability improved by 1.1% in August as interest rates moderated, a steady growth in home prices has kept the cost near record highs. Affordability was down 2.3% YOY. atlfed.org/3Jj8y4L More highlights of the recent update to our Home Ownership Affordability Monitor (HOAM). 👇

New Atlanta Fed research finds that states that used an antiquated programming language, COBOL, experienced a 2.8-percentage point decline in card consumption relative to the card consumption in states with more modern unemployment insurance benefit systems. atlfed.org/47eLYSP.

On October 17, the GDPNow model nowcast of real #GDP growth in Q3 2025 is 3.9%: bit.ly/32EYojR. Download our EconomyNow app or go to our website for the latest GDPNow nowcast: bit.ly/2TPeYLT#GDP

Atlanta Fed president Raphael Bostic recently traveled to Nashville to talk to, and learn from, members of the public. This Economy Matters article recaps his visit and some of the questions asked and issues discussed. atlfed.org/48ByxP8.

Despite the lack of an initial surge in consumer prices following tariff announcements, new data shows firms are anticipating higher costs and plan to pass much of those increases on to customers, with even non-importing businesses expecting to ratchet up prices. atlfed.org/3KRAYTT.

Beware the affordable housing deficit! This Partners Update explores challenges haunting the rental home market in the Southeast and the impact on lower-income families. atlfed.org/4q9ZbVL.

Examining welfare gains from transportation infrastructure investment, the authors of this working paper assess the welfare impact of upgrading segments of the US Interstate Highway System, highlighting where the returns to investment are highest. atlfed.org/48A4Zl6.

Due to the government shutdown, the GDPNow update scheduled for Thursday, October 16, will be deferred until a new monthly data release is available for the model.

Despite instances of diminished activity, the southeastern economy overall stood pat in recent weeks, according to the new Beige Book report from the Atlanta Fed. atlfed.org/4osefMR.

Our latest Partners Update profiles two geographies within the Atlanta Fed’s Sixth District and summarizes key findings from the 2024 Small Business Credit Survey: atlfed.org/47hN7Jw. Participate in this year’s SBCS here: atlfed.org/43ldXPo.

Examining the role of human capital in cross-country income differences, the authors of this working paper develop a general equilibrium model where workers of different skill groups sort into occupations by comparative advantage. atlfed.org/46VPy5y.

Given the Southeast’s location, terrain, and climate, natural disasters are inevitable. This Economy Matters article examines ways the Atlanta Fed seeks to understand their economic impact on residents and what steps can be taken to mitigate that impact. atlfed.org/476wqjN.

Tariffs have been in the news for some time, but have consumers felt their full impact yet? A new Policy Hub: Macroblog post looks at recent survey data to determine how, and when, their brunt might be felt: atlfed.org/47nMBdX.

The authors of this working paper look at robust aggregation of information under pervasive model uncertainty. The paper presents compelling evidence for the advantages of entropy-based aggregation for forecasting inflation. atlfed.org/3WknG4Z.

Labor force participation of foreign-born participants has declined since the beginning of the year. How does this compare to native-born participants and what impact might this have on labor supply and economic growth? Explore our recent article for more details: atlfed.org/3IRNfqQ

Did you know that the Atlanta Fed’s Regional Economic Information Network (REIN) is dedicated to gathering businesses insights from community leaders? Below, President Raphael Bostic shares how you can join us where business meets monetary policy. Learn more: atlfed.org/3IQ68ui

Ever wondered how the Fed ensures banks can withstand economic shocks? Learn about stress testing and other tools the Federal Reserve uses to promote financial stability in our latest article. atlfed.org/48h88pI.

President Bostic concluded his outreach trip to Nashville, TN, with a visit to Fisk University. Watch: atlfed.org/4704PAX. He also attended roundtable discussions to gain insight into the impact education and small businesses have on Nashville's economy.

The author of this working paper assembles a quarterly international panel of professional forecasts and real-time data to estimate global supply and demand shocks and their impact on US economic growth and inflation both before and since 2020: atlfed.org/42um4Jf.

President Raphael Bostic traveled to Nashville on Monday for a two-day outreach visit. The first day, he met with Nashville's mayor, toured the city's East Bank Redevelopment District, attended an economic roundtable in Williamson County, and toured Horn USA, Inc. in Franklin. Stay tuned for more.

Due to the government shutdown, today’s update is based on the Oct. 3 Nonmanufacturing ISM Report on Business. The nowcast of private domestic investment growth decreased from 4.2% to 4.0%. The update scheduled for Oct. 9 will be deferred until a new monthly data release is available for the model.