@ClevFedResearch

Official econ research Twitter of the @ClevelandFed including our Center for Inflation Research. Likes/RT ≠ endorsements.

 Cleveland, OH USA
clevelandfed.org/
Joined November 2008
  • Tweets8.3K
  • Following102
  • Followers43.7K
5.2KMedia
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Social Media Guidelines

The Federal Reserve Bank of Cleveland welcomes input and comments on our social media channels. However, we monitor our accounts to ensure a respectful and open environment for all our followers.

clevelandfed.org
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The Cleveland Fed is hiring research analysts! RAs work alongside PhD economists and learn the ins and outs of creating economic research. The deadline to apply is 10/31, learn more: clefed.org/4y6JiCa
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Join the thousands of for-profit #SmallBusinesses that take the annual #SmallBusinessCreditSurvey. Your input helps the #FederalReserve collect and share vital info on the current business climate. bit.ly/3SVMh1B
Informational graphic with a call to action: "Respond Now!" It features map markers and text about the "Small Business Credit Survey" by the Federal Reserve Banks, listing various city names including Atlanta, Boston, Chicago, and others.

ALT Informational graphic with a call to action: "Respond Now!" It features map markers and text about the "Small Business Credit Survey" by the Federal Reserve Banks, listing various city names including Atlanta, Boston, Chicago, and others.

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Our Center for Inflation Research, home of Inflation Nowcasting, is looking for a new senior economist and deputy director. Learn more about the position and apply today: econjobmarket.org/positions/…
The image features the words "We Are Hiring" prominently displayed over a background of the Cleveland Fed building. Logos for the Center for Inflation Research and the Federal Reserve Bank of Cleveland are at the bottom.

ALT The image features the words "We Are Hiring" prominently displayed over a background of the Cleveland Fed building. Logos for the Center for Inflation Research and the Federal Reserve Bank of Cleveland are at the bottom.

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Our report finds that homes purchased by larger investors were less likely to return to owner occupancy within 3 years than homes purchased by smaller investors. The paper examines housing investor trends in 7 urban 4th District counties during 2018–2025. clefed.org/4s8pvRw
A hand holds a magnifying glass over a table with papers. A glowing house icon with upward arrows is visible, symbolizing real estate growth. The text reads: "Tracking Property Investor Patterns in the Fourth District" by Matt Klesta, Senior Policy Analyst.

ALT A hand holds a magnifying glass over a table with papers. A glowing house icon with upward arrows is visible, symbolizing real estate growth. The text reads: "Tracking Property Investor Patterns in the Fourth District" by Matt Klesta, Senior Policy Analyst.

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The next Financial Stability Conference, hosted by the Cleveland Fed and @YPFSatYale, will be held in Cleveland and virtually on Nov. 19–20. The event features panel sessions by policymakers, academics and industry professionals, as well as research paper presentations.
Banner for the 2026 Financial Stability Conference, featuring the seal of the Cleveland Fed and the Yale University logo.

ALT Banner for the 2026 Financial Stability Conference, featuring the seal of the Cleveland Fed and the Yale University logo.

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Register: clefed.org/4hulMKk

2026 Financial Stability Conference

The Federal Reserve Bank of Cleveland and the Yale Program on Financial Stability host the fourteenth annual financial stability conference in person in Cleveland, OH, on November 19-20, 2026.

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The Cleveland Fed is hiring research analysts! RAs work alongside PhD economists and learn the ins and outs of creating economic research. The deadline to apply is 10/31, learn more: clefed.org/4y6JiCa
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The Cleveland Fed is hiring research analysts! RAs work alongside PhD economists and learn the ins and outs of creating economic research. The deadline to apply is 10/31, learn more: clefed.org/4y6JiCa
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In a survey of Fourth District nonprofit contacts—most of which are direct service providers—87% of respondents reported that their clients’ financial well-being declined over the past six months. They attribute this to continued price increases. See more: clefed.org/4s2kNEK
Map showing parts of Ohio, Pennsylvania, West Virginia, and Kentucky. Text reads "Fourth District Beige Book." The background features a seal from the Federal Reserve Bank of Cleveland.

ALT Map showing parts of Ohio, Pennsylvania, West Virginia, and Kentucky. Text reads "Fourth District Beige Book." The background features a seal from the Federal Reserve Bank of Cleveland.

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Our Center for Inflation Research, home of Inflation Nowcasting, is looking for a new senior economist and deputy director. Learn more about the position and apply today: econjobmarket.org/positions/…
The image features the words "We Are Hiring" prominently displayed over a background of the Cleveland Fed building. Logos for the Center for Inflation Research and the Federal Reserve Bank of Cleveland are at the bottom.

ALT The image features the words "We Are Hiring" prominently displayed over a background of the Cleveland Fed building. Logos for the Center for Inflation Research and the Federal Reserve Bank of Cleveland are at the bottom.

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Most businesses we surveyed that reported using AI in the last six months said it didn’t change their staffing. That’s according to our September 2026 Survey of Regional Conditions and Expectations (SORCE): clefed.org/4jTml1J
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Consumer spending was flat in the Fourth District, following four consecutive periods of decline. Reports cite high fuel prices and general affordability being some of the main concerns. See more on consumer spending: clefed.org/4s2kNEK
Map showing parts of Ohio, Pennsylvania, West Virginia, and Kentucky. Text reads "Fourth District Beige Book." The background features a seal from the Federal Reserve Bank of Cleveland.

ALT Map showing parts of Ohio, Pennsylvania, West Virginia, and Kentucky. Text reads "Fourth District Beige Book." The background features a seal from the Federal Reserve Bank of Cleveland.

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The latest Center for Inflation Research newsletter features #PresidentHammack's recent remarks at the Inflation: Drivers and Dynamics conference, indicators and data, an upcoming webinar on #AI, and more. clefed.org/4dsBnaW
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The Cleveland Fed's latest estimate of 10-year expected #inflation is 2.73%. clefed.org/IE
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Demand for manufactured goods grew moderately, with data center buildouts, power generation, and defense spending remaining the main sources of growth. #BeigeBook clefed.org/4s2kNEK
Map showing parts of Ohio, Pennsylvania, West Virginia, and Kentucky. Text reads "Fourth District Beige Book." The background features a seal from the Federal Reserve Bank of Cleveland.

ALT Map showing parts of Ohio, Pennsylvania, West Virginia, and Kentucky. Text reads "Fourth District Beige Book." The background features a seal from the Federal Reserve Bank of Cleveland.

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16% trimmed-mean CPI rose 0.3% in September and 2.7% on a year-over-year basis. See our latest median #CPI and trimmed mean #CPI updates: clefed.org/CPI
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Median #CPI rose 0.2% in September and 2.6% on a year-over-year basis. See our latest median #CPI and trimmed mean #CPI updates: clefed.org/CPI
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Recently published: Cleveland Fed economist paper “Random Walk Forecasts of Stationary Processes Have Low Bias”, was published in the Journal of Business & Economic Statistics. doi.org/10.1080/07350015.202…

Random Walk Forecasts of Stationary Processes Have Low Bias

We study the use of a misspecified overdifferenced model to forecast the level of a stationary scalar time series. Let xt be the series, and let bias be the sample average of a series of forecast e...

tandfonline.com
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Roughly 4 out of 5 firms reported using AI for their businesses in the last six months, according to our September 2026 Survey of Regional Conditions and Expectations (SORCE). A slightly smaller share of firms said the same in our March 2026 SORCE. clefed.org/4jTml1J
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Researchers analyze consumers’ expectations for government debt growth before and after the COVID-19 pandemic in a recent report. See the details in the Center for Inflation Research’s newsletter: clefed.org/4dsBnaW
“Center for Inflation Research—Federal Reserve Bank of Cleveland”

ALT “Center for Inflation Research—Federal Reserve Bank of Cleveland”

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