subscribeBusinessInflationExpectations Digital Access Research Forum—September 16-18, 2025 https://www.dallasfed.org/cd/events/2025/25digitalaccess?item=bc5062b1-cb38-4cc6-b27f-f00caf6f9437 bc5062b1-cb38-4cc6-b27f-f00caf6f9437 Tuesday, 16 Sep 2025 0:0:0 EST Join the Federal Reserve Banks of Atlanta, Cleveland, Dallas, Kansas City, New York, and Philadelphia for an in-person forum at the Kansas City Fed highlighting the latest research on digital access, as well as emerging methodologies and best practices in the sector. Third-Quarter GDP Growth Estimate Increased https://www.atlantafed.org/cqer/research/gdpnow?item=772de5c8-5aed-447c-b8e4-1bf295b79c80 772de5c8-5aed-447c-b8e4-1bf295b79c80 Wednesday, 10 Sep 2025 11:54:0 EST On September 10, the GDPNow model estimate for real GDP growth in the third quarter of 2025 is 3.1 percent, up from 3.0 percent on September 4. View GDPNow for more details. Market Probability Tracker Updated https://www.atlantafed.org/cenfis/market-probability-tracker?item=4dd4deae-062b-4e99-9509-c5c46f748e77 4dd4deae-062b-4e99-9509-c5c46f748e77 Monday, 8 Sep 2025 14:16:0 EST On Friday, September 5, the US Bureau of Labor Statistics released August's employment report. Find out how this affected the market's assessment of future rate moves at the Market Probability Tracker. Labor Market Tracking Tools Updated with August Data https://www.atlantafed.org/chcs/human-capital-data-and-tools?item=dd7fcb44-096e-4d86-aff7-ce5070be8aae dd7fcb44-096e-4d86-aff7-ce5070be8aae Friday, 5 Sep 2025 9:0:0 EST What do August employment data from the US Bureau of Labor Statistics mean for the outlook for labor markets? Check out the Labor Market Distributions Spider Chart, Labor Market Sliders, and Jobs Calculator to find out. Labor Report First Look Updated https://www.atlantafed.org/chcs/labor-report-first-look?item=c01e360e-a183-47d4-9cca-12b120e8dff5 c01e360e-a183-47d4-9cca-12b120e8dff5 Friday, 5 Sep 2025 9:0:0 EST Explore August and earlier data with the Labor Report First Look, updated September 5. First Look offers a snapshot of recent and historical employment data, updated with each release of the Employment Situation Summary, which next occurs on October 3. Ensuring Examiners' Readiness: The Atlanta Fed and Bank Supervision https://www.atlantafed.org/economy-matters/banking-and-finance/2025/09/04/ensuring-examiners-readiness-the-atlanta-fed-and-bank-supervision?item=9fc59b0b-c0ea-46b7-83fd-910f4c2dda2e 9fc59b0b-c0ea-46b7-83fd-910f4c2dda2e Thursday, 4 Sep 2025 15:31:0 EST In an ever-changing banking environment, it's essential for bank examiners to continuously hone their expertise. In this Economy Matters article, Joe Davidson of the Supervision and Regulation Division talks about the Atlanta Fed's commitment to the ongoing training and education of supervisors. In Plain English: Atlanta Fed's Bostic Discusses the Economy and Policymaking https://www.atlantafed.org/economy-matters/regional-economics/2025/09/04/in-plain-english-atlanta-feds-bostic-discusses-the-economy-and-policymaking?item=c341b5f4-5d09-4c39-bee9-77f59a4be19d c341b5f4-5d09-4c39-bee9-77f59a4be19d Thursday, 4 Sep 2025 15:30:0 EST Atlanta Fed president Raphael Bostic recently spoke with the public about the economy, what goes into his thoughts about formulating monetary policy, and the importance of public outreach. This story discusses his recent visit to Red Bay, Alabama. Third-Quarter GDP Growth Estimate Unchanged https://www.atlantafed.org/cqer/research/gdpnow?item=01c41f84-55ff-453a-80b6-8268d107cd16 01c41f84-55ff-453a-80b6-8268d107cd16 Thursday, 4 Sep 2025 11:39:0 EST On September 4, the GDPNow model estimate for real GDP growth in the third quarter of 2025 is 3.0 percent, unchanged from September 2 after rounding. View GDPNow for more details. Beige Book: Southeast Economy Slowed in Recent Weeks https://www.atlantafed.org/economy-matters/regional-economics/beige-book/2025/09/03/beige-book-southeast-economy-slowed-in-recent-weeks?item=59bd83d9-e9bc-4983-b34c-02a3cc9e2021 59bd83d9-e9bc-4983-b34c-02a3cc9e2021 Wednesday, 3 Sep 2025 14:4:0 EST Amid varying levels of uncertainty, the regional economy recently tapped the brakes, according to the new Beige Book report from the Atlanta Fed. Labor Market Distributions Spider Chart Updated with July JOLTS Data https://www.atlantafed.org/chcs/labor-market-distributions?item=58be4ed6-7bc2-4a8b-87ee-90d7630eda83 58be4ed6-7bc2-4a8b-87ee-90d7630eda83 Wednesday, 3 Sep 2025 11:29:0 EST Monitor labor market progress with our Labor Market Distributions Spider Chart, now with July data on job openings, hires, layoffs, and quits (JOLTS). Focusing on Fundamentals Amid Great Complexity https://www.atlantafed.org/about/atlantafed/executive-leadership-committee/bostic-raphael/message-from-the-president/archive/2025/09/03/focusing-on-fundamentals-amid-great-complexity?item=f2208f45-8cbd-41bb-9f97-780b269f6f83 f2208f45-8cbd-41bb-9f97-780b269f6f83 Wednesday, 3 Sep 2025 10:0:0 EST In his new quarterly message, Atlanta Fed president Raphael Bostic explains that amid a complex economy, he focuses on fundamentals to frame his thinking. Third-Quarter GDP Growth Estimate Decreased https://www.atlantafed.org/cqer/research/gdpnow?item=6c2c04b9-0c29-4dec-a321-943df93eccbf 6c2c04b9-0c29-4dec-a321-943df93eccbf Tuesday, 2 Sep 2025 11:42:0 EST On September 2, the GDPNow model estimate for real GDP growth in the third quarter of 2025 is 3.0 percent, down from 3.5 percent on August 29. View GDPNow for more details. Underlying Inflation Dashboard Updated https://www.atlantafed.org/research/inflationproject/underlying-inflation-dashboard?item=49709e57-0f6e-4317-95c4-52ab30d98c63 49709e57-0f6e-4317-95c4-52ab30d98c63 Friday, 29 Aug 2025 14:33:0 EST We've updated our Underlying Inflation Dashboard with data from the US Bureau of Economic Analysis, Federal Reserve Bank of Dallas, and Federal Reserve Bank of San Francisco. Atlanta Fed Taylor Rule Utility Updated https://www.atlantafed.org/cqer/research/taylor-rule?item=ce445b17-45ba-4b51-a9e6-9ad43c5547cf ce445b17-45ba-4b51-a9e6-9ad43c5547cf Friday, 29 Aug 2025 10:45:0 EST The data have been updated and incorporate recent releases from the US Bureau of Economic Analysis as well as updated Cleveland and Atlanta Fed model nowcasts. Third-Quarter GDP Growth Estimate Increased https://www.atlantafed.org/cqer/research/gdpnow?item=c57e1269-596d-49a9-9407-ac20081a2bc5 c57e1269-596d-49a9-9407-ac20081a2bc5 Friday, 29 Aug 2025 10:39:0 EST On August 29, the GDPNow model estimate for real GDP growth in the third quarter of 2025 is 3.5 percent, up from 2.2 percent on August 26. View GDPNow for more details. "We Work to Be Sure We’re Touching All of Them": Adding Color to the Beige Book https://www.atlantafed.org/podcasts/transcripts/economy-matters/250828-we-work-to-be-sure-were-touching-all-of-hem-adding-color-to-the-beige-book?item=1697382f-dce1-4016-838b-c12f044fb282 1697382f-dce1-4016-838b-c12f044fb282 Thursday, 28 Aug 2025 10:0:0 EST 8/28/2025 - The Beige Book occupies an important, yet often little understood, role in the monetary policymaking process. This episode features Atlanta Fed staff directly involved in preparing material for the Beige Book. Survey of Business Uncertainty Released https://www.atlantafed.org/research/surveys/business-uncertainty?item=79b5e71a-6d34-416f-8c99-14a04ba08451 79b5e71a-6d34-416f-8c99-14a04ba08451 Wednesday, 27 Aug 2025 9:1:0 EST Are changes in economic conditions affecting the outlook of businesses in your community? Find out what a national sample of firms thinks about the future with our Survey of Business Uncertainty. Are US Importers Ready for the New Tariff Landscape? https://www.atlantafed.org/blogs/macroblog/2025/08/26/are-us-importers-ready-for-new-tariff-landscape?item=766c0cf8-07b5-47b1-aace-ef47b2b601b3 766c0cf8-07b5-47b1-aace-ef47b2b601b3 Tuesday, 26 Aug 2025 10:30:0 EST As US importers begin to adjust to higher tariffs, a post considers why small firms could be the hardest hit given their less diversified supply chains, exposure to tariffed countries, and limited access to credit. Third-Quarter GDP Growth Estimate Decreased https://www.atlantafed.org/cqer/research/gdpnow?item=3da06029-c19c-40bd-8d86-6c11b747bf6c 3da06029-c19c-40bd-8d86-6c11b747bf6c Tuesday, 26 Aug 2025 10:1:0 EST On August 26, the GDPNow model estimate for real GDP growth in the third quarter of 2025 is 2.2 percent, down from 2.3 percent on August 19. View GDPNow for more details. Will Tariffs Touch Off an Inflationary Impulse? Business Execs Think So. https://www.atlantafed.org/research/publications/policy-hub/2025/08/21/04-will-tariffs-touch-off-inflationary-impulse-business-execs-think-so?item=4be5d5f3-44fd-4360-b844-41b03d7ae0f7 4be5d5f3-44fd-4360-b844-41b03d7ae0f7 Thursday, 21 Aug 2025 10:0:0 EST Will they or won't they? The potential for tariffs to exert upward pressure on inflation is a matter of robust debate. This paper uses survey data to explore tariffs' potential impact and the prospect for inflationary pressures to broaden beyond those firms that are directly affected. Atlanta Fed President Speaks at Fintech South 2025 https://www.youtube.com/watch?v=2-Q4oXxsDk8?item=3e314bbc-da9b-49f5-8f2c-721957847305 3e314bbc-da9b-49f5-8f2c-721957847305 Wednesday, 20 Aug 2025 19:0:0 EST Raphael Bostic, president and CEO of the Federal Reserve Bank of Atlanta, shares his outlook on monetary policy and the economy at the 2025 Fintech South event. Jobs Calculator Updated with July State Data https://www.atlantafed.org/chcs/calculator?item=799f1b1a-8dad-47cd-a81f-f965848c5860 799f1b1a-8dad-47cd-a81f-f965848c5860 Wednesday, 20 Aug 2025 13:40:0 EST Our state-level Jobs Calculator has been updated with July data from the US Bureau of Labor Statistics. Business Inflation Expectations Unchanged at 2.3 Percent https://www.atlantafed.org/research/inflationproject/bie?item=5ba4b383-550c-4384-a93f-ba9957626f32 5ba4b383-550c-4384-a93f-ba9957626f32 Wednesday, 20 Aug 2025 10:0:0 EST 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. Firm-Level Input Price Changes and Their Effects: A Deep Learning Approach https://www.atlantafed.org/research/publications/wp/2025/08/19/07-firm-level-input-price-changes-and-their-effects-deep-learning-approach?item=8c12c88a-2aa6-4ae3-8a8b-a610f10b3055 8c12c88a-2aa6-4ae3-8a8b-a610f10b3055 Tuesday, 19 Aug 2025 13:0:0 EST Sudheer Chava, Wendi Du, Indrajit Mitra, Agam Shah, and Linghang ZengWorking Paper 2025-7August 2025We develop firm-level measures of input and output price changes using textual analysis of earnings calls. We establish five facts: (1) Input prices increase (decrease) at the median firm once every seven (30) months. (2) Input price changes contain an equal blend of aggregate and firm-specific components. (3) A firm's stock price experiences a –1.15 percent return when our input price change measure is in the top tercile of price increases. (4) Our input price change measure predicts future changes in the cost of goods sold. (5) Firms pass through input price changes to output prices in the same quarter with a magnitude of 0.7. Third-Quarter GDP Growth Estimate Decreased https://www.atlantafed.org/cqer/research/gdpnow?item=4d7428db-2e61-46bb-8d0f-1b70c0bbc7ea 4d7428db-2e61-46bb-8d0f-1b70c0bbc7ea Tuesday, 19 Aug 2025 10:36:0 EST On August 19, the GDPNow model estimate for real GDP growth in the third quarter of 2025 is 2.3 percent, down from 2.5 percent on August 15. View GDPNow for more details. Payments Study: Gathering Data from Thousands of Depository Institutions https://www.atlantafed.org/blogs/take-on-payments/2025/08/18/payments-study-gathering-data-from-thousands-of-depository-institutions?item=373005e9-3c20-4f41-8947-be8203f33d83 373005e9-3c20-4f41-8947-be8203f33d83 Monday, 18 Aug 2025 10:0:0 EST The Fed's Depository and Financial Institutions Payments Survey collects and reports on noncash payments data safely and securely. Third-Quarter GDP Growth Estimate Unchanged https://www.atlantafed.org/cqer/research/gdpnow?item=47a0dd0a-fbc7-4f89-bfef-3eaec8d01ebd 47a0dd0a-fbc7-4f89-bfef-3eaec8d01ebd Friday, 15 Aug 2025 12:7:0 EST On August 15, the GDPNow model estimate for real GDP growth in the third quarter of 2025 is 2.5 percent, unchanged from August 7 after rounding. View GDPNow for more details. President Bostic Speaks in Red Bay, Alabama https://www.youtube.com/watch?v=r6Au7X6PY3w?item=90163739-03c9-44b7-a165-e3c3305f26f6 90163739-03c9-44b7-a165-e3c3305f26f6 Wednesday, 13 Aug 2025 19:0:0 EST Atlanta Fed president and CEO Raphael Bostic participates in a moderated discussion at a community luncheon cohosted by the Franklin County Economic Development Authority. Market Probability Tracker Updated https://www.atlantafed.org/cenfis/market-probability-tracker?item=673f542d-8788-40d3-b425-d3d9238e8bd1 673f542d-8788-40d3-b425-d3d9238e8bd1 Wednesday, 13 Aug 2025 15:15:0 EST On August 12, the US Bureau of Labor Statistics released July's consumer price index. Check the Market Probability Tracker to find out how this affected the market's assessment of future rate moves. Understanding the Fed: Five Things You Should Know About Monetary Policy https://www.atlantafed.org/economy-matters/inside-the-fed/2025/08/13/understanding-the-fed-five-things-you-should-know-about-monetary-policy?item=a42787a1-279e-44a1-8ef3-3e7b98f279aa a42787a1-279e-44a1-8ef3-3e7b98f279aa Wednesday, 13 Aug 2025 10:4:0 EST Setting the nation's monetary policy is one of the main functions of the Federal Reserve. But how does the Fed approach this responsibility? Underlying Inflation Dashboard Updated https://www.atlantafed.org/research/inflationproject/underlying-inflation-dashboard?item=325310db-4965-4b46-914d-2db76746249b 325310db-4965-4b46-914d-2db76746249b Tuesday, 12 Aug 2025 15:26:0 EST We've updated our Underlying Inflation Dashboard with data from the US Bureau of Economic Analysis, the Federal Reserve Bank of Atlanta, and the Federal Reserve Bank of Cleveland. Atlanta Fed Taylor Rule Utility Updated https://www.atlantafed.org/cqer/research/taylor-rule?item=56f9a0ea-361e-4783-8b13-37dacf337b5d 56f9a0ea-361e-4783-8b13-37dacf337b5d Tuesday, 12 Aug 2025 11:41:0 EST The data have been updated and incorporate recent releases from the US Bureau of Labor Statistics as well as updated Cleveland and Atlanta Fed model nowcasts. Sticky-Price CPI Up 3.4 Percent in July https://www.atlantafed.org/research/inflationproject?item=b33cbec8-ba1d-4dd1-93d3-fbf0a43dc51d b33cbec8-ba1d-4dd1-93d3-fbf0a43dc51d Tuesday, 12 Aug 2025 9:26:0 EST The Atlanta Fed's myCPI tool has been updated with new data. Compare your personal consumer price index with the US average. President Bostic Speaks at the Florida Institute of CFOs https://www.youtube.com/watch?v=YvT85hbzzHI?item=b5b05752-a154-4812-aff7-6271c7274ce5 b5b05752-a154-4812-aff7-6271c7274ce5 Thursday, 7 Aug 2025 19:0:0 EST Raphael Bostic, president and CEO of the Atlanta Fed, participates in a moderated conversation with Ira Birns, president and CFO of World Kinect Corporation, at the Florida Institute of CFOs. Wage Growth Tracker 4.1 Percent https://www.atlantafed.org/chcs/wage-growth-tracker?item=dea1c73a-8533-492c-8dbc-c99383e71233 dea1c73a-8533-492c-8dbc-c99383e71233 Thursday, 7 Aug 2025 13:2:0 EST The Atlanta Fed's Wage Growth Tracker was 4.1 percent in July. Third-Quarter GDP Growth Estimate Unchanged https://www.atlantafed.org/cqer/research/gdpnow?item=03b90e07-c8e5-46f5-a135-d55bcc93e1eb 03b90e07-c8e5-46f5-a135-d55bcc93e1eb Thursday, 7 Aug 2025 11:7:0 EST On August 7, the GDPNow model estimate for real GDP growth in the third quarter of 2025 is 2.5 percent, unchanged from August 5 after rounding. View GDPNow for more details. Atlanta Fed's Bostic to Take Firsthand Look at Red Bay, Alabama https://www.atlantafed.org/economy-matters/regional-economics/2025/08/07/atlanta-feds-bostic-to-take-firsthand-look-at-red-bay-alabama?item=b33c8b27-b995-4cbc-b3d0-7e1af79bf194 b33c8b27-b995-4cbc-b3d0-7e1af79bf194 Thursday, 7 Aug 2025 9:0:0 EST Red Bay, Alabama, has methodically built a diverse economy. Atlanta Fed president Raphael Bostic will soon visit the northwest Alabama town to learn more about its progress, and this article previews his visit. Third-Quarter GDP Growth Estimate Increased https://www.atlantafed.org/cqer/research/gdpnow?item=78e86e58-c300-40cf-8b01-698c95e6eb78 78e86e58-c300-40cf-8b01-698c95e6eb78 Tuesday, 5 Aug 2025 11:28:0 EST On August 5, the GDPNow model estimate for real GDP growth in the third quarter of 2025 is 2.5 percent, up from 2.1 percent on August 1. View GDPNow for more details. Atlanta Fed Announces Vice President in Federal Reserve Financial Services https://www.atlantafed.org/news/pressreleases/2025/08/05/atlanta-fed-announces-vice-president-in-federal-reserve-financial-services?item=c956cfaf-fa3f-432a-af17-5fa441742365 c956cfaf-fa3f-432a-af17-5fa441742365 Tuesday, 5 Aug 2025 10:0:0 EST Philip "Phil" Ridgway has been promoted to vice president of Product Development for Federal Reserve Financial Services, effective June 1. Market Probability Tracker Updated https://www.atlantafed.org/cenfis/market-probability-tracker?item=27183d4b-09ed-46fe-853a-117d19f4cc41 27183d4b-09ed-46fe-853a-117d19f4cc41 Monday, 4 Aug 2025 11:45:0 EST On Friday, August 1, the US Bureau of Labor Statistics released July's employment report. Find out how this affected the market's assessment of future rate moves at the Market Probability Tracker. Earmarking in Programmable Payments https://www.atlantafed.org/blogs/take-on-payments/2025/08/04/earmarking-in-programmable-payments?item=9c9a013e-e28e-499d-96a2-d8f8dbec59e1 9c9a013e-e28e-499d-96a2-d8f8dbec59e1 Monday, 4 Aug 2025 10:0:0 EST An old-school budgeting idea may be making a comeback when combined with modern technology and programmable payments. Take On Payments explores how "earmarking" could be the simple solution for complex payment situations. Atlanta Fed's Bostic Discusses Recent FOMC Decision, Role of Latest Jobs Data https://www.atlantafed.org/economy-matters/regional-economics/2025/08/04/atlanta-feds-bostic-discusses-recent-fomc-decision-role-of-latest-jobs-data?item=11187f68-8e82-48dd-815b-68d36b65845c 11187f68-8e82-48dd-815b-68d36b65845c Monday, 4 Aug 2025 9:0:0 EST Holding the fed funds rate steady in its recent meeting, members of the Federal Open Market Committee said they want to assess more data before making a move. This article looks at Atlanta Fed president Raphael Bostic's comments on the decision. Third-Quarter GDP Growth Estimate Declined https://www.atlantafed.org/cqer/research/gdpnow?item=3466eedb-6498-4bd7-9bea-3d2ed7bd54ad 3466eedb-6498-4bd7-9bea-3d2ed7bd54ad Friday, 1 Aug 2025 11:34:0 EST On August 1, the GDPNow model estimate for real GDP growth in the third quarter of 2025 is 2.1 percent, down from 2.3 percent on July 31. View GDPNow for more details. Atlanta Fed President on CNBC News https://www.cnbc.com/video/2025/08/01/atlanta-fed-president-there-is-still-a-lot-of-strength-underlying-the-labor-market.html?item=f439092f-c878-4e52-b5fb-8463349cc562 f439092f-c878-4e52-b5fb-8463349cc562 Friday, 1 Aug 2025 10:30:0 EST Raphael Bostic, president and CEO of the Federal Reserve Bank of Atlanta, speaks with CNBC's Steve Liesman following the July Financial Open Market Committee meeting. Labor Market Tracking Tools Updated with July Data https://www.atlantafed.org/chcs/human-capital-data-and-tools?item=95da8d72-7474-4a92-9136-089ec8a3ef04 95da8d72-7474-4a92-9136-089ec8a3ef04 Friday, 1 Aug 2025 9:0:0 EST What do July employment data from the US Bureau of Labor Statistics mean for the outlook for labor markets? Check out the Labor Market Distributions Spider Chart, Labor Market Sliders, and Jobs Calculator to find out. Labor Report First Look Updated https://www.atlantafed.org/chcs/labor-report-first-look?item=319cca87-37cd-429b-bc4d-a14cb3d88738 319cca87-37cd-429b-bc4d-a14cb3d88738 Friday, 1 Aug 2025 8:45:0 EST Explore July and earlier data with the Labor Report First Look, updated August 1. First Look offers a snapshot of recent and historical employment data, updated with each release of the Employment Situation Summary, which next occurs on September 5. Underlying Inflation Dashboard Updated https://www.atlantafed.org/research/inflationproject/underlying-inflation-dashboard?item=fcfb9b58-0258-46d0-bcb1-9bad3145dff1 fcfb9b58-0258-46d0-bcb1-9bad3145dff1 Thursday, 31 Jul 2025 15:11:0 EST We've updated our Underlying Inflation Dashboard with data from the US Bureau of Economic Analysis, the Federal Reserve Bank of Atlanta, and the Federal Reserve Bank of Dallas. Atlanta Fed Taylor Rule Utility Updated https://www.atlantafed.org/cqer/research/taylor-rule?item=fac9631c-3975-4fa4-affd-f00880c3d88b fac9631c-3975-4fa4-affd-f00880c3d88b Thursday, 31 Jul 2025 11:35:0 EST The data have been extended through this quarter and incorporate recent releases from the US Bureau of Economic Analysis as well as updated Cleveland and Atlanta Fed model nowcasts. Initial Third-Quarter GDP Growth Estimate 2.3 Percent https://www.atlantafed.org/cqer/research/gdpnow?item=d312ad0f-6292-45fa-94d4-ba3236c65cc5 d312ad0f-6292-45fa-94d4-ba3236c65cc5 Thursday, 31 Jul 2025 10:29:0 EST On July 31, the initial GDPNow model estimate for real GDP growth in the third quarter of 2025 is 2.3 percent. View GDPNow for more details. Federal Reserve Issues FOMC Statement https://www.federalreserve.gov/newsevents/pressreleases/monetary20250730a.htm?item=e0088d51-46e0-47da-994e-6c570c6de003 e0088d51-46e0-47da-994e-6c570c6de003 Wednesday, 30 Jul 2025 14:0:0 EST The Federal Open Market Committee announced its decision to maintain the target range for the federal funds rate at 4-1/4 to 4-1/2 percent. Survey of Business Uncertainty Released https://www.atlantafed.org/research/surveys/business-uncertainty?item=635d8f50-c309-49e2-a4af-d9c2504e3c52 635d8f50-c309-49e2-a4af-d9c2504e3c52 Wednesday, 30 Jul 2025 11:1:0 EST Are changes in economic conditions affecting the outlook of businesses in your community? Find out what a national sample of firms thinks about the future with our Survey of Business Uncertainty. Labor Market Distributions Spider Chart Updated with June JOLTS Data https://www.atlantafed.org/chcs/labor-market-distributions?item=6d998732-af8b-47fb-ab17-a0c8ce3d23fa 6d998732-af8b-47fb-ab17-a0c8ce3d23fa Tuesday, 29 Jul 2025 11:20:0 EST Monitor labor market progress with our Labor Market Distributions Spider Chart, now with June data on job openings, hires, layoffs, and quits (JOLTS). Second-Quarter GDP Growth Estimate Increased https://www.atlantafed.org/cqer/research/gdpnow?item=34cc0c3f-92d0-4b83-b5e7-315edc95d4e3 34cc0c3f-92d0-4b83-b5e7-315edc95d4e3 Tuesday, 29 Jul 2025 10:5:0 EST On July 29, the GDPNow model estimate for real GDP growth in the second quarter of 2025 is 2.9 percent, up from 2.4 percent on July 25. View GDPNow for more details. Second-Quarter GDP Growth Estimate Unchanged https://www.atlantafed.org/cqer/research/gdpnow?item=0346d9d3-b5fb-4584-88c3-f2c11383f62f 0346d9d3-b5fb-4584-88c3-f2c11383f62f Friday, 25 Jul 2025 9:53:0 EST On July 25, the GDPNow model estimate for real GDP growth in the second quarter of 2025 is 2.4 percent, unchanged from July 18 after rounding. View GDPNow for more details. The Paper Chase: Check Fraud and the Atlanta Fed's Role in Combating It https://www.atlantafed.org/economy-matters/banking-and-finance/2025/07/24/paper-chase-check-fraud-and-the-atlanta-feds-role-in-combating-it?item=2eb7b0fc-bf20-42c6-8617-cfaab148b9a1 2eb7b0fc-bf20-42c6-8617-cfaab148b9a1 Thursday, 24 Jul 2025 13:49:0 EST The check, a stalwart of the US payments system, is receiving lots of attention as fraudsters increasingly use checks to commit financial crimes. This article examines steps being considered and, in some cases, taken to stay ahead of the problem. Business Inflation Expectations Decreased to 2.3 Percent https://www.atlantafed.org/research/inflationproject/bie?item=9b0c2f77-d72f-40c0-961c-c045c1be7235 9b0c2f77-d72f-40c0-961c-c045c1be7235 Wednesday, 23 Jul 2025 9:58:0 EST Firms’ inflation expectations for the coming year decreased to 2.3 percent. Sales levels and profit margins compared to "normal times" decreased, according to the Atlanta Fed’s latest Business Inflation Expectations survey. Jobs Calculator Updated with June State Data https://www.atlantafed.org/chcs/calculator?item=20e6cf4d-9b71-4a20-8dd3-e3f92378948b 20e6cf4d-9b71-4a20-8dd3-e3f92378948b Monday, 21 Jul 2025 11:30:0 EST Our state-level Jobs Calculator has been updated with June data from the US Bureau of Labor Statistics. Second-Quarter GDP Growth Estimate Unchanged https://www.atlantafed.org/cqer/research/gdpnow?item=6b0d8f8d-f674-4fd5-b8e9-2d57477dc0f6 6b0d8f8d-f674-4fd5-b8e9-2d57477dc0f6 Friday, 18 Jul 2025 9:43:0 EST On July 18, the GDPNow model estimate for real GDP growth in the second quarter of 2025 is 2.4 percent, unchanged from July 17 after rounding. View GDPNow for more details. Second-Quarter GDP Growth Estimate Declined https://www.atlantafed.org/cqer/research/gdpnow?item=7813b8c9-d880-4e50-82f5-007891c14e8c 7813b8c9-d880-4e50-82f5-007891c14e8c Thursday, 17 Jul 2025 11:46:0 EST On July 17, the GDPNow model estimate for real GDP growth in the second quarter of 2025 is 2.4 percent, down from 2.6 percent on July 9. View GDPNow for more details. How Long Will Tariff-Related Uncertainty Last? Business Execs Are Split. https://www.atlantafed.org/blogs/macroblog/2025/07/17/how-long-will-tariff-related-uncertainty-last-business-execs-split?item=b020a25c-8980-49bd-948f-07f87bca9369 b020a25c-8980-49bd-948f-07f87bca9369 Thursday, 17 Jul 2025 11:0:0 EST How long might tariff-related uncertainty persist, and what types of firms are experiencing greater uncertainty? A post looks at recent data from the Survey of Business Uncertainty to find out. President Bostic Talks with Fox Business https://www.foxbusiness.com/video/6375725137112?item=5845f3d2-d020-421b-a32e-e25bc80f1a87 5845f3d2-d020-421b-a32e-e25bc80f1a87 Wednesday, 16 Jul 2025 16:19:0 EST Atlanta Fed president and CEO Raphael Bostic joins The Claman Countdown for a discussion about monetary policy. Beige Book: Southeast Economy Little Changed amid Uncertainty https://www.atlantafed.org/economy-matters/regional-economics/beige-book/2025/07/16/beige-book-beige-book-southeast-economy-little-changed-amid-uncertainty?item=3cca17e0-f05f-4937-a78e-ef97a05e0853 3cca17e0-f05f-4937-a78e-ef97a05e0853 Wednesday, 16 Jul 2025 14:4:0 EST Amid varying levels of economic uncertainty, contacts across the Southeast are in a holding pattern as firms await clarity, according to the new Beige Book report from the Atlanta Fed. Market Probability Tracker Updated https://www.atlantafed.org/cenfis/market-probability-tracker?item=8721db00-9dfe-4687-b9eb-5abe5696db94 8721db00-9dfe-4687-b9eb-5abe5696db94 Wednesday, 16 Jul 2025 10:5:0 EST On Tuesday, July 15, the US Bureau of Labor Statistics released June's consumer price index. Find out how this affected the market's assessment of future rate moves at the Market Probability Tracker. Underlying Inflation Dashboard Updated https://www.atlantafed.org/research/inflationproject/underlying-inflation-dashboard?item=6f92352e-b244-41d3-822f-0de25f9da4ad 6f92352e-b244-41d3-822f-0de25f9da4ad Tuesday, 15 Jul 2025 14:59:0 EST We've updated our Underlying Inflation Dashboard with data from the US Bureau of Economic Analysis, the Federal Reserve Bank of Atlanta, and the Federal Reserve Bank of Cleveland. From Sunny Skies to a Cloudy Outlook for South Florida's Condo Market https://www.atlantafed.org/economy-matters/regional-economics/2025/07/15/from-sunny-skies-to-a-cloudy-outlook-for-south-floridas-condo-market?item=8c175027-426e-4256-8798-c330e1125893 8c175027-426e-4256-8798-c330e1125893 Tuesday, 15 Jul 2025 14:1:0 EST The once red-hot South Florida condominium market has cooled considerably in the wake of new regulations and shifting demographics. This Economy Matters article surveys the market and factors that are affecting affordability in the region. Atlanta Fed Taylor Rule Utility Updated https://www.atlantafed.org/cqer/research/taylor-rule?item=8a1badc8-1381-47ce-99b3-7e2ff9379228 8a1badc8-1381-47ce-99b3-7e2ff9379228 Tuesday, 15 Jul 2025 11:24:0 EST The data have been updated and incorporate recent releases from the US Bureau of Labor Statistics as well as updated Cleveland and Atlanta Fed model nowcasts. Sticky-Price CPI Up 3.3 Percent in June https://www.atlantafed.org/research/inflationproject?item=00370acf-71c8-4f5b-92e9-502bbff91f77 00370acf-71c8-4f5b-92e9-502bbff91f77 Tuesday, 15 Jul 2025 10:59:0 EST The Atlanta Fed's myCPI tool has been updated with new data. Compare your personal consumer price index with the US average. A Walk Down Peachtree Street: The Discount Window and Liquidity Readiness https://www.atlantafed.org/economy-matters/banking-and-finance/2025/07/14/discount-window-and-liquidity-readiness?item=7175aa53-73fa-4bbe-a840-274e2aa86afa 7175aa53-73fa-4bbe-a840-274e2aa86afa Monday, 14 Jul 2025 13:49:0 EST The discount window is one of the programs the Atlanta Fed administers to help banks manage risk. In this Economy Matters article, Joe Davidson of the Supervision and Regulation Division talks about the discount window's role and the variety of ways it can benefit financial institutions. The Effect of Unemployment Insurance Eligibility in Equilibrium https://www.atlantafed.org/research/publications/wp/2025/07/14/06-effect-of-unemployment-insurance-eligibibility-in-equilibrium?item=bf8ec1bc-3d53-485d-a0e2-de56dccf54c7 bf8ec1bc-3d53-485d-a0e2-de56dccf54c7 Monday, 14 Jul 2025 10:0:0 EST Ying H. Chao, Benjamin S. Griffy, and David WiczerWorking Paper 2025-06July 2025Examining the impact of unemployment insurance on re-employment outcomes, the authors use discontinuities in eligibility rules to show that unemployment insurance increases post-unemployment earnings by 10 percent. They then contextualize this within a model, showing that the true effect is even larger. The Fed Listens: Perspectives on Economic Vitality Across the Sixth District https://www.atlantafed.org/economy-matters/regional-economics/2025/07/10/fed-listens-perspectives-on-economic-vitality-across-the-sixth-district?item=d2c78d9c-018b-43fb-8c5f-a9c875418002 d2c78d9c-018b-43fb-8c5f-a9c875418002 Thursday, 10 Jul 2025 14:1:0 EST In June, the Atlanta Fed convened business leaders from around the Sixth District for a listening session. Participants at the Fed Listens event were asked to describe their views of the southeastern economy as it recovers from the pandemic and high inflation and confronts the impacts of war and economic uncertainty. Wage Growth Tracker 4.2 Percent https://www.atlantafed.org/chcs/wage-growth-tracker?item=9ed15177-4d8c-4b8c-9b0a-ff038c77e699 9ed15177-4d8c-4b8c-9b0a-ff038c77e699 Wednesday, 9 Jul 2025 15:32:0 EST The Atlanta Fed's Wage Growth Tracker was 4.2 percent in June. Second-Quarter GDP Growth Estimate Unchanged https://www.atlantafed.org/cqer/research/gdpnow?item=d1f475e4-c681-4a67-af0d-39a1f9debb44 d1f475e4-c681-4a67-af0d-39a1f9debb44 Wednesday, 9 Jul 2025 11:8:0 EST On July 9, the GDPNow model estimate for real GDP growth in the second quarter of 2025 is 2.6 percent, unchanged from July 3 after rounding. View GDPNow for more details. Market Probability Tracker Updated https://www.atlantafed.org/cenfis/market-probability-tracker?item=9baf9beb-d13d-4017-8fa0-47fa04210121 9baf9beb-d13d-4017-8fa0-47fa04210121 Monday, 7 Jul 2025 13:56:0 EST On Thursday, July 3, the US Bureau of Labor Statistics released June's employment report. Find out how this affected the market's assessment of future rate moves at the Market Probability Tracker. Innovations in Payments Acceptance Play out in Consumer Check Use https://www.atlantafed.org/blogs/take-on-payments/2025/07/07/innovations-in-payments-acceptance-play-out-in-consumer-check-use?item=6fa01820-8fd5-41d3-be2f-01f4a96fd16c 6fa01820-8fd5-41d3-be2f-01f4a96fd16c Monday, 7 Jul 2025 10:20:0 EST This week's Take On Payments explores the factors contributing to the decline in consumer check use for bill pay and person-to-person transactions. Second-Quarter GDP Growth Estimate Increased https://www.atlantafed.org/cqer/research/gdpnow?item=241b5cb4-a679-4797-b700-c02403f0da15 241b5cb4-a679-4797-b700-c02403f0da15 Thursday, 3 Jul 2025 12:14:0 EST On July 3, the GDPNow model estimate for real GDP growth in the second quarter of 2025 is 2.6 percent, up from 2.5 percent on July 1. View GDPNow for more details. The Dual Mandate and the Primacy of Inflation Expectations https://www.atlantafed.org/news/speeches/2025/07/03/bostic-the-dual-mandate-and-the-primacy-of-inflation-expectations?item=77e28261-3235-4d0e-bc66-43a4fa6f99f8 77e28261-3235-4d0e-bc66-43a4fa6f99f8 Thursday, 3 Jul 2025 11:0:0 EST Atlanta Fed president and CEO Raphael Bostic speaks at the Institute for Monetary and Financial Stability in Frankfurt, Germany. Labor Market Tracking Tools Updated with June Data https://www.atlantafed.org/chcs/human-capital-data-and-tools?item=c6d06c28-db24-4cc9-a0c7-9018c98e8fc5 c6d06c28-db24-4cc9-a0c7-9018c98e8fc5 Thursday, 3 Jul 2025 9:0:0 EST What do June employment data from the US Bureau of Labor Statistics mean for the outlook for labor markets? Check out the Labor Market Distributions Spider Chart, Labor Market Sliders, and Jobs Calculator to find out. Labor Report First Look Updated https://www.atlantafed.org/chcs/labor-report-first-look?item=b6358b74-8b93-450c-b1f5-48b9adcab458 b6358b74-8b93-450c-b1f5-48b9adcab458 Thursday, 3 Jul 2025 8:45:0 EST Explore June and earlier data with the Labor Report First Look, updated July 3. First Look offers a snapshot of recent and historical employment data, updated with each release of the Employment Situation Summary, which next occurs on August 1. GDPNow: The Nowcast that Drew Attention to Significant Gold Imports https://www.atlantafed.org/economy-matters/economic-research/2025/07/02/gdpnow-and-the-gold-factor?item=4175e8e0-6111-4580-a102-1ec6f691d8e7 4175e8e0-6111-4580-a102-1ec6f691d8e7 Wednesday, 2 Jul 2025 16:25:0 EST Assessing economic growth typically holds inherent challenges, but they multiply during times of unusual volatility. This article looks at the Atlanta Fed's GDPNow data tool and how it has adapted to recent events. The Evolving Impact of Tariffs on CFOs' Outlooks https://www.atlantafed.org/blogs/macroblog/2025/07/02/evolving-impact-of-tariffs-on-cfos-outlooks?item=7766c5e8-3893-4eda-9962-428ee1bf9bed 7766c5e8-3893-4eda-9962-428ee1bf9bed Wednesday, 2 Jul 2025 11:0:0 EST Although trade policy remains in flux, it is having a measurable impact on some firms' outlook. A post scrutinizes recent survey data to understand how tariffs are affecting firm expectations. Understanding the Fed: What It Is, What It Does, and Why It Matters https://www.atlantafed.org/economy-matters/inside-the-fed/2025/07/01/understanding-the-fed-what-it-is-what-it-does-why-it-matters?item=f310c353-594c-4db6-9712-bca4050d111f f310c353-594c-4db6-9712-bca4050d111f Tuesday, 1 Jul 2025 14:1:0 EST This video outlines the history of central banking in the United States and describes conditions leading to the creation of the Federal Reserve System. The video addresses how the Fed is organized, what it does and doesn't do, and why it is needed. Second-Quarter GDP Growth Estimate Decreased https://www.atlantafed.org/cqer/research/gdpnow?item=0264f52e-3b0c-404b-a99d-01b8030ff3fa 0264f52e-3b0c-404b-a99d-01b8030ff3fa Tuesday, 1 Jul 2025 11:1:0 EST On July 1, the GDPNow model estimate for real GDP growth in the second quarter of 2025 is 2.5 percent, down from 2.9 percent on June 27. View GDPNow for more details. Labor Market Distributions Spider Chart Updated with May JOLTS Data https://www.atlantafed.org/chcs/labor-market-distributions?item=56617099-9550-4de2-a3eb-d07fd8c2a178 56617099-9550-4de2-a3eb-d07fd8c2a178 Tuesday, 1 Jul 2025 10:37:0 EST Monitor labor market progress with our Labor Market Distributions Spider Chart, now with May data on job openings, hires, layoffs, and quits (JOLTS). Why Does the Yield Curve Predict GDP Growth? The Role of Banks https://www.atlantafed.org/research/publications/wp/2025/07/01/05-why-does-the-yield-curve-predict-gdp-growth?item=540c9b97-ab60-42f4-8482-20861ded6f7e 540c9b97-ab60-42f4-8482-20861ded6f7e Tuesday, 1 Jul 2025 10:0:0 EST Camelia Minoiu, Andres Schneider, and Min WeiWorking Paper 2025-5July 2025Using granular bank lending data and identified term premium shocks, the authors of this working paper show that a steeper yield curve when driven by higher term premiums rather than higher expected short rates increases expected bank profits and bank loan supply. President Bostic Speaks at MNI Connect https://youtu.be/w4vfiilY7Ug?item=2eb50149-f470-4db2-9029-350c1f8a196b 2eb50149-f470-4db2-9029-350c1f8a196b Monday, 30 Jun 2025 19:0:0 EST Raphael Bostic, president and CEO of the Atlanta Fed, shared his views on monetary policy at Market News International's Connect event in London. President Bostic on CNBC Squawk Box Europe https://www.cnbc.com/video/2025/06/30/feds-bostic-july-meeting-too-early-to-assess-inflationary-impact-of-tariffs.html?item=f6a2ed1c-1a2b-430b-8a98-bcc472c957e5 f6a2ed1c-1a2b-430b-8a98-bcc472c957e5 Monday, 30 Jun 2025 16:19:0 EST Atlanta Fed president and CEO Raphael Bostic joins CNBC's Squawk Box Europe to talk about the US economy and monetary policy. Underlying Inflation Dashboard Updated https://www.atlantafed.org/research/inflationproject/underlying-inflation-dashboard?item=70b6842a-d663-49cc-94bd-592e734d2836 70b6842a-d663-49cc-94bd-592e734d2836 Friday, 27 Jun 2025 13:47:0 EST We've updated our Underlying Inflation Dashboard with data from the US Bureau of Economic Analysis, Federal Reserve Bank of San Francisco, and the Federal Reserve Bank of Dallas. Atlanta Fed Taylor Rule Utility Updated https://www.atlantafed.org/cqer/research/taylor-rule?item=ebcbb160-aa0a-47d8-9a00-c230ef5a84ff ebcbb160-aa0a-47d8-9a00-c230ef5a84ff Friday, 27 Jun 2025 11:15:0 EST The data have been updated and incorporate recent releases from the US Bureau of Economic Analysis as well as updated Cleveland and Atlanta Fed model nowcasts. Labor Market Dynamics During the 2021-24 Inflation Surge https://www.atlantafed.org/research/publications/policy-hub/2025/06/26/03-labor-market-dynamics-during-2021-24-inflation-surge?item=7f309611-c40f-48d8-a69f-818cccb84e75 7f309611-c40f-48d8-a69f-818cccb84e75 Thursday, 26 Jun 2025 15:39:0 EST A paper addresses the surge in the vacancy-to-unemployment ratio during the 2021–24 inflation episode. The increase in vacancies relative to unemployment was largely driven by falling real wages and a rise in job-to-job transitions, as workers sought to recover lost purchasing power. Policy Summit 2025: Building Strong and Sustainable Communities — June 26-27, 2025 https://www.clevelandfed.org/events/ev-20250626-policy-summit-2025?item=e1384c0d-2a33-49bc-8572-d9729d88e1f9 e1384c0d-2a33-49bc-8572-d9729d88e1f9 Thursday, 26 Jun 2025 0:0:0 EST The Federal Reserve Bank of Cleveland, in partnership with the Atlanta Fed and other System Banks, presents the seventeenth annual Policy Summit. The summit will focus on research and innovative strategies on housing, the workforce, small business, and economic development. This is a hybrid event with in-person and virtual attendance options. Atlanta Fed's Bostic Discusses Latest FOMC Policy Decision, Counsels Patience on Rate Moves https://www.atlantafed.org/economy-matters/regional-economics/2025/06/24/atlanta-feds-bostic-discusses-fomc-policy-decision?item=bc04c82b-32f5-4aba-8888-90f6c687e6b4 bc04c82b-32f5-4aba-8888-90f6c687e6b4 Tuesday, 24 Jun 2025 14:13:0 EST With some aspects of the US economy seemingly unsettled, the Federal Open Market Committee maintained its policy stance in its most recent meeting. In this Economy Matters article, Atlanta Fed president Raphael Bostic discusses why he agrees with that decision. The State of the Nation's Housing 2025 – June 24, 2025 https://fedcommunities.org/event/state-nations-housing-2025/?item=a3cf7f41-fb9a-4363-8703-8325c91ab8d9 a3cf7f41-fb9a-4363-8703-8325c91ab8d9 Tuesday, 24 Jun 2025 14:0:0 EST Join us in person at the Federal Reserve Bank of Boston or virtually for the release of The State of the Nation's Housing 2025 report. Jobs Calculator Updated with May State Data https://www.atlantafed.org/chcs/calculator?item=f8f276c5-a089-4dac-9157-08e789356ffe f8f276c5-a089-4dac-9157-08e789356ffe Tuesday, 24 Jun 2025 13:37:0 EST Our state-level Jobs Calculator has been updated with May data from the US Bureau of Labor Statistics. Survey of Business Uncertainty Released https://www.atlantafed.org/research/surveys/business-uncertainty?item=72c76cb5-b1ff-4579-bcc6-b7340028122f 72c76cb5-b1ff-4579-bcc6-b7340028122f Tuesday, 24 Jun 2025 9:47:0 EST Are changes in economic conditions affecting the outlook of businesses in your community? Find out what a national sample of firms thinks about the future with our Survey of Business Uncertainty. The Penny Dilemma https://www.atlantafed.org/blogs/macroblog/2025/06/23/penny-dilemma?item=89fb3c50-90e8-4c4c-b97f-08a6c3472adf 89fb3c50-90e8-4c4c-b97f-08a6c3472adf Monday, 23 Jun 2025 11:0:0 EST As production of the penny ceases, what changes might occur to cash transactions between consumers and retailers? A post focuses on an important issue known to economists as "optimal currency and coin denominations." Catching Counterfeit Currency at the Atlanta Fed https://www.atlantafed.org/economy-matters/inside-the-fed/2025/06/18/catching-counterfeit-currency-at-the-atlanta-fed?item=253a525f-22bf-447a-92d3-841c334b66d2 253a525f-22bf-447a-92d3-841c334b66d2 Wednesday, 18 Jun 2025 14:1:0 EST Genuine currency is central to a stable financial system. Learn what the Atlanta Fed and other Reserve Banks are doing to identify and remove fake US currency from circulation. Federal Reserve Issues FOMC Statement https://www.federalreserve.gov/newsevents/pressreleases/monetary20250618a.htm?item=64fa0fdf-ce8f-4e9e-ae49-cd3b17877439 64fa0fdf-ce8f-4e9e-ae49-cd3b17877439 Wednesday, 18 Jun 2025 14:0:0 EST The Federal Open Market Committee announced its decision to maintain the target range for the federal funds rate at 4-1/4 to 4-1/2 percent. Second-Quarter GDP Growth Estimate Decreased https://www.atlantafed.org/cqer/research/gdpnow?item=dcd51585-2e58-45d4-8215-56ef4ea1d7a2 dcd51585-2e58-45d4-8215-56ef4ea1d7a2 Wednesday, 18 Jun 2025 10:12:0 EST On June 18, the GDPNow model estimate for real GDP growth in the second quarter of 2025 is 3.4 percent, down from 3.5 percent on June 17. View GDPNow for more details. Business Inflation Expectations Remain Unchanged at 2.4 Percent https://www.atlantafed.org/research/inflationproject/bie?item=f1c36e25-bca9-426a-a520-b86c823df87d f1c36e25-bca9-426a-a520-b86c823df87d Wednesday, 18 Jun 2025 10:0:0 EST Firms’ inflation expectations for the coming year remained relatively unchanged at 2.4 percent. Sales levels and profit margins compared to "normal times" increased, according to the Atlanta Fed’s latest Business Inflation Expectations survey. Second-Quarter GDP Growth Estimate Decreased https://www.atlantafed.org/cqer/research/gdpnow?item=a59c223f-034b-4cb1-95dc-7ab8f87c098f a59c223f-034b-4cb1-95dc-7ab8f87c098f Tuesday, 17 Jun 2025 11:44:0 EST On June 17, the GDPNow model estimate for real GDP growth in the second quarter of 2025 is 3.5 percent, down from 3.8 percent on June 9. View GDPNow for more details.