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Report
Why New England’s Labor Force Participation Has Been Recovering So Slowly since the COVID-19 Pandemic
This report investigates a variety of factors that may explain why New England experienced a participation recovery gap from 2019 through 2023 and discusses the resulting policy implications.
Report
The Beige Book’s Value for Forecasting Recessions
Can the Beige Book help to tell us when a recession is coming? This question arises from the Federal Reserve Board of Governors’ description of the publication: “The qualitative nature of the Beige Book creates an opportunity to characterize dynamics and identify emerging trends in the economy that may not be readily apparent in the available economic data.” The report consists of summaries of current economic conditions nationally and in each of the 12 Federal Reserve Districts based on anecdotal information gathered from each District’s business contacts.