Federal Reserve Bank of Minneapolis

Federal Reserve Bank of Minneapolis The Federal Reserve Bank of Minneapolis serves the Ninth Federal Reserve District.

06/16/2026

Test your Fed trivia skills! Stop by our booth at the Stone Arch Bridge Festival to spin the wheel and answer a question. Also, register for the chance to win a special VIP experience, meet our employees, ask your questions, and learn more about what we do and how we serve the public!

(Pssst... take advantage of the FREE parking in the HLL lot behind our building. đźš—)

Saturday, June 20 (10 a.m.-7 p.m.) and Sunday, June 21 (10 a.m.-5 p.m.). Get more event details at the link in comments.

06/15/2026

In our latest Beige Book report, our Regional Outreach team reported findings that older adults are turning to community colleges to get more credentials to better compete in the current job market. The folks over at Planet Money's The Indicator at NPR found this information compelling and awarded us a Beigie for it.

Erick Garcia Luna explains more about the findings in his interview (recorded 6/5/26). Link in comments.

Thanks to Mylene L. for this week's Views from the Ninth employee photo submission, taken at Bear Island Lake in northea...
06/14/2026

Thanks to Mylene L. for this week's Views from the Ninth employee photo submission, taken at Bear Island Lake in northeast Minnesota.

Minnesota’s child care sector is still in crisis, recent survey results show. Providers continue to face rising costs, d...
06/12/2026

Minnesota’s child care sector is still in crisis, recent survey results show.

Providers continue to face rising costs, declining enrollment, and new policy-related disruptions. Many are operating below sustainable capacity, and confidence in the future is slipping—especially among Twin Cities centers.

To read Tu-Uyen Tran’s new article with more survey takeaways, visit the link in comments.

Many factors determine an individual’s pay, so there are many possible sources for the Black-White earnings gap. One hyp...
06/10/2026

Many factors determine an individual’s pay, so there are many possible sources for the Black-White earnings gap. One hypothesis focuses on workers’ proximity to “good” jobs at firms that tend to pay higher wages than other employers. If Black workers tend to live farther away from good jobs than White workers, then geography could be limiting employment opportunities and earnings for Black workers.

But new research finds no evidence that Black workers systematically live farther from good jobs than White workers. In a new article from the Opportunity & Inclusive Growth Institute Senior Writer Lisa Camner McKay explores the racial earnings gap and the proximity to employment. Link in comments.

Regional Economic Conditions: Professional ServicesHow are businesses in the services sector handling the current econom...
06/09/2026

Regional Economic Conditions: Professional Services

How are businesses in the services sector handling the current economy, and what is their outlook for the near future?

Our Regional Outreach team, in partnership with the Minnesota Department of Employment and Economic Development, recently surveyed professional services firms across the Fed’s Ninth District to better understand how they are faring in the current economy and what they see in the immediate future. Join Regional Outreach Director Joe Mahon for a free webinar discussing the latest results from this midyear survey. Register at the link in comments.

What effects are recent policy changes, such as zoning reforms and rent stabilization, having on Saint Paul’s housing ma...
06/08/2026

What effects are recent policy changes, such as zoning reforms and rent stabilization, having on Saint Paul’s housing market? Data from our new Saint Paul Housing Dashboard show mixed results, while comments from property owners and developers mirror those findings.

According to an inaugural analysis of the dashboard data, Saint Paul is seeing more construction of “missing middle” housing (buildings with 2–4 units) and apartment rents are stable or falling. But production of multifamily housing (buildings with 5+ units) has slowed, and apartment owners face increasing operating costs. In interviews our team conducted with property owners and developers, many shared frustrations about Saint Paul’s current housing environment.

Read the full analysis and explore our new dashboard, which monitors Saint Paul’s rents, housing production, affordability, and more. Link in comments.

What effects are recent policy changes, such as zoning reforms and rent stabilization, having on Saint Paul’s housing ma...
06/04/2026

What effects are recent policy changes, such as zoning reforms and rent stabilization, having on Saint Paul’s housing market? Data from our new Saint Paul Housing Dashboard show mixed results, while comments from property owners and developers mirror those findings.

According to our inaugural analysis of the dashboard data, Saint Paul is seeing more construction of “missing middle” housing (buildings with 2–4 units) and apartment rents are stable or falling. But production of multifamily housing (buildings with 5+ units) has slowed, and apartment owners face increasing operating costs. In interviews we conducted with property owners and developers, many shared frustrations about Saint Paul’s current housing environment.

Read the full analysis and explore our new dashboard, which monitors Saint Paul’s rents, housing production, affordability, and more: https://bit.ly/4x8zqsl

06/03/2026

What's up in the Ninth District's economy?

👉 Gas/diesel/airfare prices
👉 Construction materials like PVC
👉 Overall economic activity
👉 Construction activity
👉 Uncertainty

Watch our latest Beige Book video to hear more about what's up (and down) in our regional economy. Read more here: https://bit.ly/38gH0aC

06/02/2026

Cyclical... Median... Trimmed Mean... and the most vividly named alternate inflation statistic: Sticky!

Jeff Horwich explores different ways the Fed measures inflation in his new Fed Fluent video--with special shoutouts to Federal Reserve Bank of San Francisco, Federal Reserve Bank of Cleveland, Federal Reserve Bank of Dallas, and Federal Reserve Bank of Atlanta.

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