Regional Economics

Working Paper

Zoning and the American Suburb

WP 26-37 – American suburbs are generally characterized by single-family neighborhoods featuring large lots, with few businesses or apartments.

Featured Work

Over a Century of Housing Prices, All in One Place

Economic Insights — Our Historical Housing Prices Project charts changing prices in major U.S. cities since 1890.

Regional Economics

Working Paper

Is Mortgage Lock-In Responsible for Housing Market Tightness?

WP 26-33 – Elevated mortgage rates discourage homeowners from moving, as relocating triggers a reset of mortgage terms — a phenomenon termed “lock-in.”

Regional Economics

Working Paper

Rental Prices and the Cost of Living in the United States, 1914-2006

WP 26-28 – The Rent of Primary Residence (RoPR) series constructed by the Bureau of Labor Statistics implies that nominal rental prices increased by just 2.6 percent per year from 1914 to 2006 while overall prices grew by 3.3 percent.

Featured Data

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Third District Beige Book

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

Updated: 15 Jul ’26

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Manufacturing Business Outlook Survey

A monthly survey of manufacturers in the Third Federal Reserve District

Updated: 20 Aug ’26

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Nonmanufacturing Business Outlook Survey

Monthly survey of nonmanufacturing firms in the Third Federal Reserve District

Updated: 21 Jul ’26

November 2019 Map

State Coincident Indexes

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

Updated: 24 Jul ’26

Price and Inflation Expectations Survey

Quarterly survey of price and inflation expectations among manufacturing and nonmanufacturing firms in the Third District

Updated: 27 May ’26

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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