Over the course of 2025, the average tariff rate on U.S. imports increased from 2.6 to 13 percent. In this blog post, we ask how much of the tariffs were paid by the U.S., using import data through November 2025. We find...
Though still near low long-term levels, mortgage delinquencies are up, especially in areas with rising unemployment and worse housing market conditions.
A look at how nonlinear inflation dynamics relate to the slope of the Phillips curve.
The author presents evidence showing that the Phillips curve is alive and steep, and it captures inflation volatility remarkably well.
A look at the New York Fed’s Economic Heterogeneity Indicators (EHIs), which have been expanded to include the performance of small businesses.
A look at a new set of metrics being added to the New York Fed’s Economic Heterogeneity Indicators (EHIs) which covers consumer spending.
Shop Petlibro deals with discounts on automatic pet feeders, water fountains, and accessories to help keep cats fed and hydrated on schedule.
A look at a novel method to infer quality changes, which is applied to U.S. price indices and suggests that import price inflation is overstated.
A look at the differences in weekly earnings for prime-aged (25-54) workers with and without disabilities.
A look at how prime-aged (25-54) workers with disabilities have fared in the labor market compared to the year prior to the pandemic.
A look at the New York Fed’s new regularly updated labor market tightness index and how it tracks wage inflation.
A look at the possible results of the EU expanding the Emissions Trading System (ETS) to imports in 2026.