San Francisco

innovation hub, diverse and inclusive

Our focus

We strive to conduct frontier research that informs policy. We cover a broad set of topics in macroeconomics, microeconomics, international economics, and finance.

Research

Our research and analysis reach a wide and varied audience through publication in top academic journals, other external publications, and web products that cover cutting-edge topics for the general public and specialized audiences. Our work is frequently cited in the media and used as educational resources.

District information

Of the 12 Federal Reserve Districts, the Twelfth District is the largest in area and employment. The states in our District are Alaska, Arizona, California, Hawaii, Idaho, Nevada, Oregon, Utah, and Washington. Several of the nation’s leading information technology centers are located in the District.

Featured Research

"Breakeven Employment Growth"
Nicolas Petrosky-Nadeau with Stephanie A. Stewart, FRBSF Economic Letter 2024-18

"Anatomy of the Post-Pandemic Monetary Tightening Cycle"
Andrew Foerster with Zinnia Martinez, FRBSF Economic Letter 2024-16

"Enhanced Unemployment Insurance Benefits in the United States during COVID-19: Equity and Efficiency"
Robert G. Valletta with Mary Yilma, FRBSF Working Paper 2024–15

San Francisco District