Economic Trends

Economic Trends is a monthly economic journal that provides analyses of current economic developments. Its audience consists of economists, bankers and those studying economics. Founded in 1979, Economic Trends has a circulation of about 8,800 and is non-paid. The Federal Reserve Bank of Cleveland publishes this periodical.

Articles from December

Foreign Banks in the United States
12.14.12 Currently, banks from 57 countries have offices in the United States. Up until the beginning of the financial crisis, the liability and asset holdings of these foreign bank offices had been increasing. But in 2008, their holdings fell by...
How Long Will QE3 Last?
12.28.12 In September, the Federal Open Market Committee (FOMC), the Federal Reserve's monetary policymaking body, announced what has widely been referred to as QE3 (quantitative easing 3). QE3 will consist of purchasing additional mortgage-backed...
Market Sectors and the Decline in Average Hours Worked
12.04.12 Since the 1960s, the average number of hours U.S. workers have put in on the job has been decreasing. We looked at recent trends in nonsupervisory employment and average hours worked within the goods-producing and service-providing sectors...
Moonlighting
12.05.12 For some workers, one job isn't enough. In any week, more than 5 percent of workers hold more than one job (about 7.2 million people in October 2012). While most multiple jobholders work only two jobs, a significant share, about 10 percent,...
The Labor Market Then and Now
12.03.12 While the third-quarter's real GDP growth rate of 2.7 percent was an improvement over the second quarter's 1.3 percent, it may turn out to be the best in a lackluster year, as most forecasters are currently predicting that growth will slow...
What Can We Glean from October's Report on Retail Prices?
11.30.12 October Price Statistics Percent change, last 1mo. 3mo. 6mo. 12mo. 5yr. 2011 (a) (a) (a) (a) average Consumer Price Index All...
Yield Curve and Predicted GDP Growth, November 2012
Covering October 20--November 23, 2012 Overview of the Latest Yield Curve Figures Over the past month, the yield curve has flattened slightly, with long rates falling more than short short rates. The three-month Treasury bill fell to 0.09 percent...