Economic Bulletin
Timely, accessible snapshots of the Kansas City Fed's latest economic findings and perspectives on national and international economic conditions and issues related to monetary policy, industries and markets.
Recent Bulletins
Global Supply Chain Disruptions Can Be Seen Anywhere, but Their Costs Are Not the Same Everywhere
Businesses in the Tenth Federal Reserve District are more exposed to increases in global shipping costs.
Labor Markets Are Tight, but Conditions Vary across States
While most states have tighter labor markets now than before the pandemic, others have struggled to recover.
Bank Profitability Rebounds despite Compressed Interest Margins
Pandemic monetary and fiscal policies helped bank profitability recover.
KC Fed LMCI Suggests Recent Inflation Is Not Due to the Tight Labor Market
The KC Fed’s Labor Market Conditions Indicators offer a timely signal of whether current labor market activity is inflationary.
KC Fed LMCI Implies the Labor Market Is Closer to a Recovery than the Unemployment Rate Suggests
Summarizing a wide range of labor market measures, the LMCI suggests greater improvement in the labor market.
When Normalizing Monetary Policy, the Order of Operations Matters
Reducing the balance sheet before raising interest rates may prevent an inverted yield curve.
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