Regional Economics

Working Paper

The Price of Housing in the United States, 1890–2006

WP 24-12 – This paper introduces new rental and home sales price series for the 20th century constructed from historical newspapers, and it explores the different rent and home price trajectories of cities across the United States.

Featured Work

Regional Spotlight: Wage Inequality Across the U.S.

Economic Insights — Wage inequality dipped after COVID, but that wasn’t enough to offset the driver of the long-term trend toward greater inequality: rapidly rising wages for high-skilled workers in the country’s largest cities.

A Quantitative Model for Mapping the Consequences of Public Housing Demolitions

Research in Focus — Using Chicago’s housing stock as the basis for a quantitative model, the authors reveal the household-level economic consequences of demolishing public housing.

Exploring an Unexpected Driver of Racial Segregation and Its Long-Term Effects on Economic Mobility

Research in Focus — A study of racial segregation finds negative consequences for long-term economic mobility, yielding evidence of a little-studied enabler of segregation itself: railroad location.

Featured Data

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Manufacturing Business Outlook Survey

Monthly survey of manufacturers in the Third District

Updated: 18 Jul ’24

Map of the United States

State Leading Indexes

Six-month forecast of the coincident index for each of the 50 states

Updated: April 29, 2020

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COVID-19 Business Outlook Survey

Special survey (now monthly, previously weekly) of firms in the Third District

Updated: 23 Dec ’20

November 2019 Map

State Coincident Indexes

Monthly index of general economic conditions for each of the 50 states

Updated: 24 Jul ’24

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Nonmanufacturing Business Outlook Survey

Monthly survey of nonmanufacturing businesses in the Third District

Updated: 23 Jul ’24

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Third District Beige Book

Qualitative assessment of economic conditions in the Third District released prior to each FOMC meeting

Updated: 17 Jul ’24