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 June2020 - Dec2009 - Sep2010.

Current Peak in U.S. Economic Activity was February 2020 and Last Trough was April 2020
Last Peak in U.S. Economic Activity was December 2007 and Last 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 Press Release
02/02/23Federal Reserve Board announces appointment of Joshua Gallin as secretary of the Federal Open Market Committee
02/01/23Federal Open Market Committee reaffirms its "Statement on Longer-Run Goals and Monetary Policy Strategy"
02/01/23Federal Reserve issues FOMC statement
01/27/23Federal Reserve Board announces denial of application by Custodia Bank, Inc. to become a member of the Federal Reserve System
01/27/23Federal Reserve Board issues policy statement to promote a level playing field for all banks with a federal supervisor, regardless of deposit insurance status
01/24/23Federal Reserve Board announces it has fined Popular Bank $2.3 million for processing six Paycheck Protection Program (PPP) loans despite having detected that the loan applications contained significant indications of potential fraud
01/18/23Beige Book
01/18/23Chair Powell tested positive for COVID-19, is vaccinated, has mild symptoms, and is working remotely
01/18/23G.17 Industrial Production
01/17/23Federal Reserve Board announces approval of application by Bank of Montreal and BMO Financial Corp.
01/17/23Federal Reserve Board provides additional details on how its pilot climate scenario analysis exercise will be conducted and the information on risk management practices that will be gathered over the course of the exercise
01/13/23Federal Reserve Board releases results of survey of senior financial officers at banks about their strategies and practices for managing reserve balances
01/13/23Federal Reserve Board announces Reserve Bank income and expense data and transfers to the Treasury for 2022
01/10/23Federal Reserve Board announces the designation of the Chairs and Deputy Chairs of the 12 Federal Reserve Banks for 2023
01/09/23G.19 Consumer Credit
Economic Events This Week
1/30Mon10:30AM : Jan Dallas Fed Manufacturing Survey
1/31Tue08:30AM : 4Q2022 Employment Cost Index (ECI)
1/31Tue08:30AM : Jan Paychex-IHS Small Business Jobs Index
1/31Tue09:00AM : Federal Open Market Committee Meeting: Day 1 of 2
1/31Tue09:00AM : Nov S&P/Case-Shiller Home Price Index
1/31Tue09:00AM : Weekly Redbook Retail Sales Index
1/31Tue09:45AM : Jan Chicago Purchasing Managers Index
1/31Tue10:00AM : 4Q2022 Housing Vacancies/Ownership
1/31Tue10:00AM : Jan Conference Board Consumer Confidence Index
2/1Wed07:00AM : Weekly MBA Mortgage Applications Survey
2/1Wed08:15AM : Jan ADP National Employment Report
2/1Wed09:00AM : Federal Open Market Committee Meeting: Day 2 of 2
2/1Wed10:00AM : Dec Job Openings and Labor Turnover Survey
2/1Wed10:00AM : Dec Metropolitan Area Employment and Unemployment
2/1Wed10:00AM : Dec Construction Spending
2/1Wed10:00AM : Jan ISM Manufacturing Index
2/1Wed10:30AM : Weekly U.S. Petroleum Status Report
2/1Wed02:00PM : Federal Open Market Committee Meeting Statement
2/1Wed02:30PM : Federal Open Market Committee Press Conference
2/2Thu07:30AM : Jan Challenger Report U.S. Layoffs
2/2Thu08:30AM : 4Q2022 U.S. Labor Productivity
2/2Thu08:30AM : Weekly Initial Jobless Claims
2/2Thu10:00AM : Dec Factory Orders
2/2ThuUS Holiday: Groundhog Day
2/3Fri08:30AM : Jan Unemployment Rate
2/3Fri08:30AM : Jan Non-Farms Payrolls
2/3Fri10:00AM : Jan ISM Non-Manufacturing Index
Recent Economic News Results
ISM Non-Manufacturing Index jumped to 55.2% in January 2023

02/03/23 - Economic activity in the services sector grew in January after contracting in December following 30 consecutive months of growth, with the Services PMI® registering 55.2 percent, say the nation's purchasing and supply executives in the …more…

January 2023 Employment increased by 517,000
Unemployment Rate lower at 3.4%

02/03/23 - Total nonfarm payroll employment rose by 517,000 in January, and the unemployment rate changed little at 3.4 percent, the U.S. Bureau of Labor Statistics reported today. Job growth was widespread, led by gains in leisure and …more…

New orders for manufactured goods increased 1.8% in December 2022

02/02/23 - Summary
New orders for manufactured goods in December, up four of the last five months, increased $10.0 billion or 1.8 percent to $552.5 billion, the U.S. Census Bureau reported today. This followed a 1.9 percent November decrease. Shipments, …more…

4Q2022 Productivity Growth increased 3.0%

02/02/23 - Nonfarm business sector labor productivity increased 3.0 percent in the fourth quarter of 2022, the U.S. Bureau of Labor Statistics reported today, as output increased 3.5 percent and hours worked increased 0.5 percent. (All quarterly …more…

Weekly Initial Unemployment Claims decrease 3,000 to 183,000

02/02/23 - In the week ending January 28, the advance figure for seasonally adjusted initial claims was 183,000, a decrease of 3,000 from the previous week's unrevised level of 186,000. The 4-week moving average was 191,750, a decrease of 5,750 from …more…