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Economic Research

We conduct research to support policymaking and thought leadership on issues important to the Federal Reserve and the Fifth District. We also inform the public through our data and economic analysis, publications, presentations and educational resources.

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Data &
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Publications
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Featured

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Blog Post
Community Colleges Spring Into Action in the Wake of Hurricane Helene
Community College Insights
January 16, 2025

By Anthony Tringali, James Melton and Laura Dawson Ullrich

Hurricane Helene caused widespread destruction across the Fifth District. Two community college presidents in North Carolina shared how the storm impacted their institutions and the role they have played in the recovery efforts.

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Podcast
Keeping Dollars Flowing Around the Globe
Speaking of the Economy
Jan. 15, 2025

Ricardo Reis discusses how swap lines have supported the flow of US currency into global financial markets to meet their liquidity needs and the dollar's prominence in those markets, especially during the 2007-08 financial crisis and the COVID-19 pandemic. Reis is an economics professor at the London School of Economics and a long-term consultant at the Federal Reserve Bank of Richmond.

Publications

Data & Analysis

Hornstein-Kudlyak-Lange Non-Employment Index

 January 16, 2025

The Hornstein-Kudlyak-Lange Non-Employment Index (NEI) was 7.6 percent in December 2024, edging down by 0.1 percentage point from November 2024. The index edged up by 0.1 percentage point compared to December 2023.

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CORE Week

Since 2021, the Collaboration of Research Economists (CORE) model has combined frontier research and an innovative delivery method to advance collaboration within the economics profession. Economists from a range of disciplines join with Richmond Fed economists eight times per year for seminars, collaboration, and formal and informal networking — all with an eye toward advancing economic research.

Our Careers
Being a Research Associate at the Richmond Fed

Research Associates help the Richmond Fed's economists with their research and policy memos for briefing the Bank's president on the state of the economy. For recent graduates thinking about applying to a Ph.D. program, this position is an ideal way to learn more about academic economic research.