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Catching Up or Falling Behind? Rural America's Income Convergence Pace

Slowing rates of income convergence suggest the relative gap between average rural and urban income could persist.

What we do:

We work in the public’s interest by supporting economic and financial stability.

Jeffrey Schmid
President and Chief Executive Officer

Read his latest speech, "The Economic Outlook and Monetary Policy."

Learn More About the Federal Reserve's Mission

The Federal Reserve System is made up of 12 regional Reserve Banks that, along with the Board of Governors in Washington, D.C., make up our nation's central bank.

March 04, 2026

Tenth District Beige Book

Tenth District Summary for Beige Book.

March 05, 2026

Farmland Values Remained Strong in 2025

Farmland values in the Midwest and Plains states remained firm in 2025 despite steady...

February 18, 2026

Mass Layoffs Can Disproportionately Disrupt Small Communities

The recent closure of a meatpacking plant in Lexington, Nebraska, raises questions about how mass layoffs affect nearby...

March 04, 2026

Albuquerque’s Business Community Gives Kansas City Fed Ground-Level View of New Mexico’s Economy

Discover how the Kansas City Fed is strengthening its connection to northern New Mexico through firsthand conversations with...

February 27, 2026

Tenth District Services Activity Increased Further in February

Tenth District services activity increased further in February, and expectations for future services activity remained...

February 26, 2026

Tenth District Manufacturing Activity Rose Slightly in February

Tenth District manufacturing activity rose slightly, and expectations for future activity ticked up. Although still positive, growth in indexes for the price of finished products and the price of...

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Events

Mar

National Community Investment Conference

Multi-day event, March 23 – 26 External

Sponsored by the Federal Reserve Banks of San Francisco, St. Louis, Richmond, Philadelphia, New York, Minneapolis, Kansas City, Dallas, Cleveland, Chicago, Boston, and Atlanta, Fed Communities, and the Board of Governors of the Federal Reserve System.

Apr

Investment Connection - Nebraska

11:30 a.m. – 1:45 p.m. , CST 2201 Farnam Street

Presentations on eight new and existing community and economic development proposals from across Nebraska will be shared.

Apr

Stablecoins Unveiled: Practical Insights for Educators

4:00 a.m. – 5:30 a.m. , CST 1 Memorial Drive

Join us to explore answers to these questions and much more during a free teacher event hosted by the Federal Reserve Bank of Kansas City. Our Senior Vice President of Payments and Strategy will share an overview of stablecoins, their unique role in the market, existing regulations, major industry players, as well as the scale of stablecoins globally. K-16 educators are welcome to attend!

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About the Kansas City Fed

The Federal Reserve Bank of Kansas City is one of 12 regional Reserve Banks that, along with the Board of Governors in Washington, D.C., make up our nation's central bank.

Our Mission