Aug. 19, 2026
2 p.m. – 3 p.m.
Virtual
How Aging Americans Are Navigating (and Shaping) the Housing Market
See the Trends >
"Consumer spending makes up nearly 70 percent of GDP, and despite the turmoil, consumers have kept spending. I think their mindset has shifted. Coming out of the Great Recession, many who lost their home, car, or job focused on rebuilding their financial cushion. They saved more and spent less. But coming out of the pandemic, consumers now seem to have embraced “YOLO.”"
Richmond Fed President
The Mysterious U.S. Economy, Speech at The State of Greenville event, August 13, 2026
Events Calendar
Who We Are and What We Do
As a regional Reserve Bank, the Richmond Fed works to strengthen the economy and the Fifth District communities we serve by helping to carry out the day-to-day operations of the Fed. Here's how we do it:
