U.S. industrial production held steady in August after rising 0.2% the prior month. Utilities activity rose by 1.8%, mining output increased by 0.1% and manufacturing output declined by 0.3%

U.S. commercial paper outstanding grew to $1.4 trillion in the week ending Sept. 16, an increase of $5.3 billion from a week earlier, per @federalreserve data. Commercial paper comprises short-term, promissory notes issued mostly by corporations

Publicly traded options reflect expectations about future economic conditions. The @KansasCityFed uses options prices to measure how financial markets perceive the future of short-term interest rates. Check the FRED Blog for the data and discussion

The U.S. dollar is the world's dominant reserve currency, serving as a store of value, a medium of exchange and a unit of account. But what is a reserve currency? And how does a central bank use reserves in the global market? Find out more:

Understanding the progressive income tax in the U.S. means looking beyond people's overall rates. Both the composition of income and how each income source is taxed shape the distribution of federal tax burdens. Recent research finds that: ➡️ The federal income tax system is progressive, with higher earners paying larger shares of their income in taxes. But the degree of progressivity depends on whether income comes from wages, investments or other sources. ➡️ Wage income is taxed more progressively, ranging from negative effective tax rates for the lowest earners (because of refundable credits) to over 22% for the highest earners. This drives most of the system's overall progressivity. ➡️ Investment income and other nonwage sources show much flatter tax rates across income groups. Since wealthy households receive more income from these sources, the overall tax system becomes less progressive at the top than wage taxation alone would suggest. Read the full analysis:

In the week ending Sept. 12, seasonally adjusted initial claims for unemployment insurance benefits — those filed for the first time after a job loss — ticked down by 10,000, to 196,000. The four-week moving average fell by 2,750 to 203,250

Capital controls are regulations that restrict capital movements across countries, influencing macroeconomic outcomes like growth and economic stability. The latest academic research from the St. Louis Fed examines the history of measuring these official policies and their economic effects

“M2” measures how much money is readily available in the economy. That is, cash plus funds easily converted to cash. The FRED Blog shows this value, as of June 2026, was $23 trillion. Visit the FRED Blog for more detail

Permits to build privately owned U.S. housing were at a seasonally adjusted annual rate of 1.394 million units in August, a pace 2.7% below the July rate of 1.433 million and 3.5% above the August 2025 rate of 1.347 million

Privately owned U.S. housing starts registered a seasonally adjusted annual rate of 1.275 million units in August. This rate was 2.6% below July's estimate of 1.309 million and 1.2% below the August 2025 rate of 1.291 million

U.S. retail and food service sales per @uscensusbureau were $773.9 billion in August, up 1.2% from the previous month. July's spending was revised, with a 0.5% decrease

U.S. export prices rose 8.6% year over year in August, up from an 8.1% increase the previous month. Prices for nonagricultural exports increased 8.9% and agricultural exports ticked up 5.8% from a year prior, per the @BLS_gov release. See FRED for a breakdown of the latest data:

U.S. industrial production held steady in August after rising 0.2% the prior month. Utilities activity rose by 1.8%, mining output increased by 0.1% and manufacturing output declined by 0.3%

The @KansasCityFed's PRS index measures financial market perceptions: Positive values indicate a belief that interest rates are more likely to end up higher than projected. Negative values indicate the opposite belief, that rates are more likely to end up lower than projected. From late 2022 to early 2026, index values were generally below zero. Since early 2026, index values have generally been above zero. Visit the FRED Blog for more data and detail

U.S. commercial paper outstanding grew to $1.4 trillion in the week ending Sept. 16, an increase of $5.3 billion from a week earlier, per @federalreserve data. Commercial paper comprises short-term, promissory notes issued mostly by corporations