The objectives of this note are to provide an overview of how Board staff compiles repo data for the Financial Accounts, to explain recent changes to those methods and how these changes affect our understanding of the role played by repo in the financial crisis, and to describe plans for further...

The U.S. labor market is large and multifaceted. Often-cited indicators, such as the unemployment rate or payroll employment, measure a particular dimension of labor market activity, and it is not uncommon for different indicators to send conflicting signals about labor market conditions

After having been a relatively bright spot early in the recovery, nonresidential private fixed investment, which in this note we refer to as business fixed investment (BFI), increased at an average annual rate of only about 4 percent in 2012 and 2013, an unusually slow pace during an expansion

When there is a legislative standoff over raising the federal statutory debt limit, the Treasury Department can use its so-called "toolbox of extraordinary measures" to temporarily obtain additional room to borrow and finance the government's operations

Despite substantial improvement in the unemployment rate and several other labor market indicators, the number of Americans involuntarily working part time (also called "part-time for economic reasons") remains unusually high nearly five years into the recovery