Paul Wallace
@ptwall.bsky.social
Strategic comms @MinneapolisFed. Views are my own. Also active on Threads at https://threads.net/@ptwall.
Reposted by Paul Wallace
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
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
Reposted by Paul Wallace
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
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
Reposted by Paul Wallace
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
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
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
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
Reposted by Paul Wallace
And if you’d like to watch my conversation with Casey Lozar, the Director of the Center for Indian Country Development, about how data shortcomings affect Tribal nations, citizens, and communities, you can do so here: m.youtube.com/watch?v=Jta5...
CICD 2025 Data Summit
YouTube video by Minneapolis Fed
m.youtube.com
November 26, 2025 at 8:08 PM
And if you’d like to watch my conversation with Casey Lozar, the Director of the Center for Indian Country Development, about how data shortcomings affect Tribal nations, citizens, and communities, you can do so here: m.youtube.com/watch?v=Jta5...
Reposted by Paul Wallace
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:
@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
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:
@camohrwriter.bsky.social has put out a great new article overviewing the summit and its takeaways for Indian Country:
Reposted by Paul Wallace
Read about economic conditions in Reserve Bank Districts in the #BeigeBook: (1/2) www.federalreserve.gov/monetarypoli...
November 26, 2025 at 7:05 PM
Read about economic conditions in Reserve Bank Districts in the #BeigeBook: (1/2) www.federalreserve.gov/monetarypoli...
Reposted by Paul Wallace
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
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
Reposted by Paul Wallace
Hey, #EconSky!
The U.S. Bureau of Labor Statistics is here @usbls.bsky.social!
bsky.app/profile/usbl...
The U.S. Bureau of Labor Statistics is here @usbls.bsky.social!
bsky.app/profile/usbl...
November 21, 2025 at 2:51 PM
Hey, #EconSky!
The U.S. Bureau of Labor Statistics is here @usbls.bsky.social!
bsky.app/profile/usbl...
The U.S. Bureau of Labor Statistics is here @usbls.bsky.social!
bsky.app/profile/usbl...
Reposted by Paul Wallace
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
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
Reposted by Paul Wallace
Two export-heavy economies, two different growth paths: Unlike Mexico, China industrialized as it opened up, evolved its export mix, and benefitted from structural advantages like a stronger financial system. More in our new QR from Xing Xu & @tkehoe.bsky.social. https://bit.ly/3V2Ac8A
November 19, 2025 at 4:04 PM
Two export-heavy economies, two different growth paths: Unlike Mexico, China industrialized as it opened up, evolved its export mix, and benefitted from structural advantages like a stronger financial system. More in our new QR from Xing Xu & @tkehoe.bsky.social. https://bit.ly/3V2Ac8A
Reposted by Paul Wallace
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
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
Reposted by Paul Wallace
In 2010, there were 1.2 job postings requiring a college degree for every 1 posting that did not. By 2020, the ratio was 0.6. Our new article from senior writer @lisacamnermckay.bsky.social looks at how the labor market for college grads has changed: https://bit.ly/4mUUNaZ
November 18, 2025 at 5:12 PM
In 2010, there were 1.2 job postings requiring a college degree for every 1 posting that did not. By 2020, the ratio was 0.6. Our new article from senior writer @lisacamnermckay.bsky.social looks at how the labor market for college grads has changed: https://bit.ly/4mUUNaZ
Reposted by Paul Wallace
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 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 18, 2025 at 7:06 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 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
Reposted by Paul Wallace
Starting LIVE now: President Kashkari moderating a conversation with @ecolab-inc.bsky.social CEO Christophe Beck at the Economic Club of MN. Tune in to the livestream here ⬇️ https://bit.ly/4458tc2
Neel Kashkari in conversation with Christophe Beck at the Economic Club of Minnesota
Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, moderates a conversation with chairman and CEO of Ecolab, Christophe Beck, at the Econom...
bit.ly
November 17, 2025 at 5:56 PM
Starting LIVE now: President Kashkari moderating a conversation with @ecolab-inc.bsky.social CEO Christophe Beck at the Economic Club of MN. Tune in to the livestream here ⬇️ https://bit.ly/4458tc2
Reposted by Paul Wallace
Conversations with the Fed: A decade of economic research and data innovation in Indian Country
November 20
10-11am CT
Join a conversation with Casey Lozar as he provides an overview of economic research and data advancements in Indian Country.
Register: https://bit.ly/4opyhaR
November 20
10-11am CT
Join a conversation with Casey Lozar as he provides an overview of economic research and data advancements in Indian Country.
Register: https://bit.ly/4opyhaR
November 13, 2025 at 5:07 PM
Conversations with the Fed: A decade of economic research and data innovation in Indian Country
November 20
10-11am CT
Join a conversation with Casey Lozar as he provides an overview of economic research and data advancements in Indian Country.
Register: https://bit.ly/4opyhaR
November 20
10-11am CT
Join a conversation with Casey Lozar as he provides an overview of economic research and data advancements in Indian Country.
Register: https://bit.ly/4opyhaR
Reposted by Paul Wallace
To ask a question during today’s Institute Research Conference, visit pigeonhole.at/2025INSTITUTE . Our moderators will relay select questions to presenters during Q&As.
pigeonhole.at
November 13, 2025 at 3:30 PM
To ask a question during today’s Institute Research Conference, visit pigeonhole.at/2025INSTITUTE . Our moderators will relay select questions to presenters during Q&As.
Neel Kashkari, @minneapolisfed.bsky.social President, kicks off the 2025 @oiginstitute.bsky.social Research Conference. Watch live. minneapolisfed.org/live. #econsky
November 13, 2025 at 3:35 PM
Neel Kashkari, @minneapolisfed.bsky.social President, kicks off the 2025 @oiginstitute.bsky.social Research Conference. Watch live. minneapolisfed.org/live. #econsky
Reposted by Paul Wallace
Starting LIVE now! Tune in: www.minneapolisfed.org/live
November 13, 2025 at 3:26 PM
Starting LIVE now! Tune in: www.minneapolisfed.org/live
Reposted by Paul Wallace
It’s time! Our annual conference starts at 9:30am CT with opening remarks from @minneapolisfed.bsky.social President Neel Kashkari followed by a keynote with Nobel prize winner David Card. Please join us for a day of research insights and scholarly exchange! Watch here: https://bit.ly/4gSFopm
2025 Institute Research Conference | Federal Reserve Bank of Minneapolis
bit.ly
November 13, 2025 at 3:08 PM
It’s time! Our annual conference starts at 9:30am CT with opening remarks from @minneapolisfed.bsky.social President Neel Kashkari followed by a keynote with Nobel prize winner David Card. Please join us for a day of research insights and scholarly exchange! Watch here: https://bit.ly/4gSFopm
Reposted by Paul Wallace
Thank you to all who have served our country. We are so grateful for your courage, dedication, and sacrifice.
November 11, 2025 at 2:27 PM
Thank you to all who have served our country. We are so grateful for your courage, dedication, and sacrifice.
Reposted by Paul Wallace
Conversations with the Fed: A decade of economic research and data innovation in Indian Country
November 20
10-11am CT
Join a conversation with Casey Lozar as he provides an overview of economic research and data advancements in Indian Country.
Register: https://bit.ly/4opyhaR
November 20
10-11am CT
Join a conversation with Casey Lozar as he provides an overview of economic research and data advancements in Indian Country.
Register: https://bit.ly/4opyhaR
November 10, 2025 at 7:22 PM
Conversations with the Fed: A decade of economic research and data innovation in Indian Country
November 20
10-11am CT
Join a conversation with Casey Lozar as he provides an overview of economic research and data advancements in Indian Country.
Register: https://bit.ly/4opyhaR
November 20
10-11am CT
Join a conversation with Casey Lozar as he provides an overview of economic research and data advancements in Indian Country.
Register: https://bit.ly/4opyhaR
Reposted by Paul Wallace
Thanks to Shannon L. for this week's View from the Ninth employee photo submission, taken this summer at Glacier National Park in #Montana.
November 9, 2025 at 11:37 PM
Thanks to Shannon L. for this week's View from the Ninth employee photo submission, taken this summer at Glacier National Park in #Montana.
Reposted by Paul Wallace
Both money and time with parents matter for children's long-run skill development, with important implications for the optimal size and shape of government transfers. Read @jmullins.bsky.social @umn-econ.bsky.social new paper: https://bit.ly/3WJHGhC
November 7, 2025 at 9:05 PM
Both money and time with parents matter for children's long-run skill development, with important implications for the optimal size and shape of government transfers. Read @jmullins.bsky.social @umn-econ.bsky.social new paper: https://bit.ly/3WJHGhC
Reposted by Paul Wallace
When it comes to Federal Reserve policy, it's not all about interest rates: What's the Fed's "balance sheet" and why should you care? Take two minutes and get a little more Fed Fluent with @jeffhorwich.bsky.social.
November 6, 2025 at 8:14 PM
When it comes to Federal Reserve policy, it's not all about interest rates: What's the Fed's "balance sheet" and why should you care? Take two minutes and get a little more Fed Fluent with @jeffhorwich.bsky.social.
Watch this event focused on housing in North Dakota, with lessons on challenges and opportunities in housing for many markets all around the country. Join us now for this 5 hour event. minneapolisfed.org/live
November 6, 2025 at 4:25 PM
Watch this event focused on housing in North Dakota, with lessons on challenges and opportunities in housing for many markets all around the country. Join us now for this 5 hour event. minneapolisfed.org/live