Map of the Twelve Federal Reserve Districts
Image map of the United States with links to websites of the Federal Reserve Districts
First District: Boston Second District: New York Third District: Philadelphia Fourth District: Cleveland Board of Governors Board of Governors Fifth District: Richmond Sixth District: Atlanta Seventh District: Chicago Eighth District: St. Louis Ninth District: Minneapolis Tenth District: Kansas City Eleventh District: Dallas Twelfth District: San Francisco Twelfth District: San Francisco
National Bureau of Economic Research (NBER)
Business Cycle Dating Committee Page - Watch NBER's Jim Poterba on CNBC Dec2009 - Sep2010.

Last Peak in U.S. Economic Activity was December 2007 and Current Trough was June 2009
Previous Peak in U.S. Economic Activity was March 2001 and Previous Trough was November 2001.

More Federal Reserve System News


Federal Reserve Board Speech
02/27/20Speech by Governor Bowman on direction of supervision: impact of payment system innovation on community banks
02/25/20Speech by Vice Chair Clarida on the U.S. economic outlook and monetary policy
02/21/20Speech by Vice Chair Clarida on financial markets and monetary policy: is there a hall of mirrors problem?
02/21/20Speech by Governor Brainard on monetary policy strategies and tools when inflation and interest rates are low
02/11/20Speech by Vice Chair for Supervision Quarles on spontaneity and order: transparency, accountability, and fairness in bank supervision
02/11/20Testimony by Chair Powell on the semiannual Monetary Policy Report to the Congress
02/10/20Speech by Governor Bowman on empowering community banks
02/06/20Speech by Vice Chair for Supervision Quarles on the economic outlook, monetary policy, and the demand for reserves
02/05/20Speech by Governor Brainard on the digitalization of payments and currency
01/17/20Speech by Vice Chair for Supervision Quarles on spontaneity and order: transparency, accountability, and fairness in bank supervision
01/16/20Speech by Governor Bowman on the outlook for housing
01/09/20Speech by Vice Chair Clarida on the U.S. economic outlook and monetary policy
01/08/20Speech by Governor Brainard on strengthening the Community Reinvestment Act by staying true to its core purpose
12/18/19Speech by Governor Brainard on update on digital currencies, stablecoins, and the challenges ahead
12/03/19Testimony by Vice Chair for Supervision Quarles on supervision and regulation
Federal Reserve Press Release
03/31/20Federal Reserve Board announces it will delay by six months the effective date for its revised control framework
03/31/20Federal Reserve announces establishment of a temporary FIMA Repo Facility to help support the smooth functioning of financial markets
03/27/20Agencies announce two actions to support lending to households and businesses
03/26/20Federal Reserve offers regulatory reporting relief to small financial institutions affected by the coronavirus
03/26/20Federal agencies encourage banks, savings associations and credit unions to offer responsible small-dollar loans to consumers and small businesses affected by COVID-19
03/24/20Federal Reserve provides additional information to financial institutions on how its supervisory approach is adjusting in light of the coronavirus
03/24/20Federal Reserve Board announces implementation delay for changes to its Payment System Risk Policy regarding intraday credit
03/23/20Federal Reserve System publishes annual financial statements
03/23/20Federal Reserve Board announces technical change to support the U.S. economy and allow banks to continue lending to creditworthy households and businesses
03/23/20Federal Reserve announces extensive new measures to support the economy
03/23/20Federal Reserve issues FOMC statement
03/22/20Agencies provide additional information to encourage financial institutions to work with borrowers affected by COVID-19
03/20/20Federal Reserve Board expands its program of support for flow of credit to the economy by taking steps to enhance liquidity and functioning of crucial state and municipal money markets
03/20/20Coordinated central bank action to further enhance the provision of U.S. dollar liquidity
03/19/20Federal Reserve Board encouraged by increase in discount window borrowing to support the flow of credit to households and businesses
Economic Events This Week
3/30Mon10:00AM : Feb Pending Home Sales Index
3/30Mon10:30AM : Mar Dallas Fed Manufacturing Survey
3/31Tue07:45AM : Weekly TRE-GS Store Sales Index
3/31Tue08:30AM : Mar Paychex-IHS Small Business Jobs Index
3/31Tue09:00AM : Jan S&P/Case-Shiller Home Price Index
3/31Tue09:00AM : Weekly Redbook Retail Sales Index
3/31Tue09:45AM : Mar Chicago Purchasing Managers Index
3/31Tue10:00AM : Mar Conference Board Consumer Confidence Index
4/1Wed07:00AM : Weekly MBA Mortgage Applications Survey
4/1Wed08:15AM : Mar ADP National Employment Report
4/1Wed10:00AM : Feb Construction Spending
4/1Wed10:00AM : Mar ISM Manufacturing Index
4/1Wed10:30AM : Weekly U.S. Petroleum Status Report
4/2Thu07:30AM : Mar Challenger Report U.S. Layoffs
4/2Thu08:30AM : Feb U.S. Trade Deficit
4/2Thu08:30AM : Mar ISM-New York Report On Business
4/2Thu08:30AM : Weekly Initial Jobless Claims
4/2Thu10:00AM : Feb Factory Orders
4/3Fri08:30AM : Mar Unemployment Rate
4/3Fri08:30AM : Mar Non-Farms Payrolls
4/3Fri10:00AM : Mar ISM Non-Manufacturing Index
Recent Economic News Results
Consumer Confidence declined sharply in March 2020 to 120.0

03/31/20 - The Conference Board Consumer Confidence Index® declined sharply in March, following an increase in February. The Index now stands at 120.0 (1985=100), down from 132.6 in February. The Present Situation Index – based on consumers’ assessment …more…

Chicago Purchasing Managers Index Drops 1.1 points to 49.0 in March

03/31/20 - The Chicago Business BarometerTM, produced with MNI, declined by 1.1 points in March, marking a ninth consecutive sub-50 reading. However, business sentiment rose marginally by 0.2 points to 46.6 …more…

S&P CoreLogic Case-Shiller Home Price Indices unch% in January 2020

03/31/20 - S&P Dow Jones Indices today released the latest results for the S&P CoreLogic Case-Shiller Indices, the leading measure of U.S. home prices. Data released today for January 2020 show that home prices continue to increase at a modest rate across …more…

Paychex-IHS Small Business Jobs Index slowed to 98.21 in March

03/31/20 - Paychex | IHS Markit Small Business Hiring and Wage Growth Slow as Impacts of the Coronavirus Pandemic Begin to Take Effect. Employment growth had remained relatively stable for ten months prior to impact of COVID-19 accelerating in …more…

Texas Fed Manufacturing Activity Declined Sharply in March

03/30/20 - Texas factory activity declined sharply in March, according to business executives responding to the Texas Manufacturing Outlook Survey. The production index, a key measure of state manufacturing conditions, plummeted from 16.4 to -35.3, …more…