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minneapolisfed.bsky.social
Minneapolis Fed
@minneapolisfed.bsky.social
We serve the public by pursuing a growing economy and stable financial system that work for all of us. Serving the Ninth Federal Reserve District.
Regional Economic Conditions: Construction

December 12
9-9:30am CT

Join Regional Outreach Director @erickgarcialuna.bsky.social to discuss results from the fall survey of construction firms across the Ninth District.

Register here: https://bit.ly/49lgqxk
December 5, 2025 at 7:53 PM
New research: Models w/ richer micro-foundations imply as much as 50% more harm from trade barriers. Our economist Mike Waugh & @simonovska.bsky.social subject canonical trade models to actual price data to pin down welfare FX of trade. https://bit.ly/3LWi2nC
December 5, 2025 at 6:54 PM
This year, state-level actions to ease housing production have included tweaking land use rules, reforming development-approval processes, and revising building codes. Read our summary of the changes: https://bit.ly/44t6puv
December 4, 2025 at 9:07 PM
➡️ Minnesota & NW Wisconsin are losing child care capacity, while ND & SD are growing.
➡️ Family providers are declining, centers are rising—affecting affordability.

What does this mean for working parents? Learn more in @tuuyentran.bsky.social's new article: https://bit.ly/43U3GdA
Child care capacity is growing for some Ninth District states but not others | Federal Reserve Bank of Minneapolis
Demand for care is trending downward in all district states and nationwide
www.minneapolisfed.org
December 4, 2025 at 6:48 PM
Calvo famously framed monetary policy as the balance btw protecting the value of money and the pain of doing so. In our new QR, Tom Sargent & Ziyue Yang use recursive dynamic programming to show how AI tackles this dilemma—and what it misses. https://bit.ly/4im256g #EconSky
December 3, 2025 at 6:54 PM
Join us 1/9 for our 9th annual Regional Economic Conditions Conference. Xcel Energy CEO Bob Frenzel will speak with President Kashkari on energy sector trends. Event will also include panel discussions with reps from across our district.

Register: https://bit.ly/3Mcm0IO #EconSky
December 3, 2025 at 4:45 PM
Reposted by Minneapolis Fed
Last week, six teams competed in the 22nd annual National College Fed Challenge finals. Congratulations to all the students! www.federalreserve.gov/newsevents/p...
November 25, 2025 at 8:04 PM
Regional Economic Conditions: Construction

December 12
9-9:30am CT

Join Regional Outreach Director @erickgarcialuna.bsky.social to discuss results from the fall survey of construction firms across the Ninth District.

Register here: https://bit.ly/49lgqxk
December 1, 2025 at 2:10 PM
This week's Views from the Ninth employee photo submission pays tribute to the westernmost part of the Ninth District. (As well as a nod to some football this Thanksgiving weekend.)

Taken 11/22 at the "Brawl of the Wild" game in Missoula, #Montana
🏈 Univ of MT vs MT State Univ

📸 : Carmen L.

November 30, 2025 at 11:49 PM
Holiday hiring is taking a hit this year. Our Beige Book report shows a smaller bump in seasonal employment and a sluggish job market. Stay informed with our latest insights and check out our Beige Book video recap. Find the full report here: https://bit.ly/4rlbkaQ
November 28, 2025 at 8:11 PM
Top 1% of U.S. households hold 35% of wealth and 22% of income. Meanwhile, relative wealth of younger Americans continues decline. In our new QR: Moritz Kuhn @mokuhn.bsky.social & José-Víctor Ríos-Rull have a comprehensive review of financial inequality post-COVID. https://bit.ly/3XPH7Df
November 28, 2025 at 4:07 PM
Wishing everyone a safe, healthy, and happy Thanksgiving. 🦃 🍂
November 27, 2025 at 2:13 PM
Holiday hiring is taking a hit this year. Our #BeigeBook report shows a smaller bump in seasonal employment and a sluggish job market.

Our recap video serves up more insights to our regional economy, preparing you for economic discussions around the holiday dinner table. https://bit.ly/4rlbkaQ
November 26, 2025 at 9:38 PM
Reposted by Minneapolis Fed
Last month I had the honor of giving the fireside keynote at the @minneapolisfed.bsky.social’s Center for Indian Country Development data summit.

@camohrwriter.bsky.social has put out a great new article overviewing the summit and its takeaways for Indian Country:
At milestone CICD event, tribal leaders reflect on leveraging economic data as a tool of sovereignty | Federal Reserve Bank of Minneapolis
Speakers at the Center for Indian Country Development’s tenth-anniversary commemoration and fifth annual data summit described how in the modern era, economic data support tribes in governing their na...
www.minneapolisfed.org
November 26, 2025 at 8:08 PM
Research, insights, and event information. Sign up today for the Economic Research Newsletter and receive a quarterly email with the latest from our Research Division. https://bit.ly/4cYJw3C
November 26, 2025 at 7:48 PM
Regional Economic Conditions: Construction

December 12
9-9:30am CT

Join Regional Outreach Director @erickgarcialuna.bsky.social to discuss results from the fall survey of construction firms across the Ninth District.

Register here: https://bit.ly/49lgqxk
November 26, 2025 at 4:14 PM
In our new Quarterly Review, Nobel laureate Tom Sargent (@nyu.edu) & Ziyue Yang (Australian National University) continue to explore the potential for AI to take on fundamental macro questions like Calvo's dilemma--while showing the continued essential role of economists. https://bit.ly/4im256g
November 25, 2025 at 8:15 PM
➡️ Minnesota & NW Wisconsin are losing child care capacity, while ND & SD are growing.
➡️ Family providers are declining, centers are rising—affecting affordability.

What does this mean for working parents? Learn more in @tuuyentran.bsky.social's new article: https://bit.ly/43U3GdA
Child care capacity is growing for some Ninth District states but not others | Federal Reserve Bank of Minneapolis
Demand for care is trending downward in all district states and nationwide
bit.ly
November 25, 2025 at 5:30 PM
How harmful are #tariffs to welfare? The answer hinges on a key parameter: trade elasticity. Michael Waugh and @simonovska.bsky.social run canonical trade models on actual price data and find richer micro-foundations imply more harm from trade barriers. https://bit.ly/3LWi2nC #EconSky
November 24, 2025 at 9:17 PM
In latest Quarterly Review: Our @neilmehrotra.bsky.social & Michael Waugh model the connection between tariffs & r-star. Plus @tkehoe.bsky.social & Xing Xu of @hellerhurwicz.bsky.social explain the diverging growth paths of export giants China & Mexico. https://bit.ly/467e9Cq
Search | Federal Reserve Bank of Minneapolis
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November 24, 2025 at 4:48 PM
Because we can't stop posting beautiful fall photos. 🍂

Thanks to Dena B. for this week's employee photo submission for Views from the Ninth. This photo was captured outside our building in #Minneapolis a couple of weeks ago when fall was in full swing.
November 23, 2025 at 11:38 PM
Regional Economic Conditions: Construction

December 12
9-9:30am CT

Join Regional Outreach Director @erickgarcialuna.bsky.social to discuss results from the fall survey of construction firms across the Ninth District.

Register here: https://bit.ly/49lgqxk
November 21, 2025 at 7:51 PM
Uncertainties and challenging market conditions have left apartment owners and operators largely feeling pessimistic about the future, according to interviews we conducted in Minnesota and the Sioux Falls area last summer—but some saw cause for hope. https://bit.ly/3WG6CGD
Multifamily housing operators describe a “precarious position” | Federal Reserve Bank of Minneapolis
Apartment owners and managers report more financial stability now than last year, but say there's lots more uncertainty ahead
bit.ly
November 20, 2025 at 4:46 PM
Reposted by Minneapolis Fed
You should be suspicious of any unexpected email message that claims to be from the Federal Reserve. Scammers use phony fraud alerts and other scare tactics to steal your financial information. For more information about how to protect you, your family, and friends, visit www.federalreserve.gov
November 18, 2025 at 8:02 PM
Reposted by Minneapolis Fed
Over nearly 4 decades, Bill Spriggs made significant contributions to labor economics, economic policy, & economics profession. At @assameeting.bsky.social, the Institute, LERA, and @neaecon.bsky.social are co-sponsoring sessions to honor and celebrate his many contributions. https://bit.ly/4pkJN7M
November 19, 2025 at 6:56 PM