The speeches of Cleveland Fed Presidents Elvadore R. Fancher, Ray M. Gidney, Wilbur D. Fulton, W. Braddock Hickman, Willis J. Winn, Karen N. Horn, and W. Lee Hoskins are now available on FRASER. Their tenures cover the period November 2, 1914, through November 15, 1991. The FRASER collection of Cleveland Fed Presidents’ speeches will soon be complete when the speeches of the two most recent Presidents, Jerry L. Jordan and Sandra Pianalto, are added.
Consult the Federal Reserve Bank of Cleveland’s Economic Review on FRASER, from the March 1919 issue (describing the railroad decline’s effect on Pennsylvania steel mill operations) to the 4th quarter 2001 issue (describing how monetary policy could affect corporate finance).
Maria Canon and Yang Liu discuss the Emergency Unemployment Compensation program, which emerged from the Unemployment Extension Act, passed on November 21, 2008. They consider that extended benefits may reduce unemployed workers’ job search efforts, decreasing their likelihood of becoming reemployed.
These circulars were issued to member banks to address key topics in the Reserve Bank’s mission, procedures, and processes. FRASER just added circulars from 1967 to 1971.
These 90 monthly series published by the Bureau of Labor Statistics track net changes in employment status by gender and for three categories of persons: the employed, unemployed, and nonparticipants (that is, those not in the labor force). These series, constructed from Current Population Survey data, allow a more precise analysis of employment and unemployment measures by identifying the movement of workers in and out of these categories.
FRED has added 42 series from the Summary of Economic Projections. The FOMC makes these projections four times per year for the real GDP growth rate, personal consumption expenditures (PCE) inflation, core PCE inflation, and the unemployment rate. These projections have high, low, and midpoint values for both the full range and the central tendency. The range projections for these series include all participants’ projections, from lowest to highest, for the given year; the central tendency projections exclude the three highest and three lowest projections for the given year.
FRED has added 322 quarterly and annual series published by the BEA after a comprehensive restructuring of the international economic accounts, which has affected the presentation of the U.S. International Transactions release.