From the Harvard Business Review Today’s young professionals grew up in an age of mind-boggling technological change, seeing the growth of the internet, the invention of the smartphone, and the development of machine-learning systems. These advances all point toward the total automation of our lives, including the way we work and do business. It’s no […] Read more
The FED Said (Federal Reserve System) Developments in artificial intelligence (AI) and machine learning (ML) have drawn considerable attention from both the real and financial sides of the economy. The Atlanta Fed’s recent Financial Markets Conference, Machines Learning Finance: Will They Change the Game?, explored the implications of AI/ML for the financial system and public policy. […] Read more
The FED Said (Federal Reserve System) With U.S. unemployment down to levels not seen since 2000, job seekers are gaining the upper hand in the labor market as employers struggle to fill positions across skill levels. Such hiring difficulties are prompting some employers across the Southeast to raise pay. “We’ve been hearing that wage pressure […] Read more
The FED Said (Federal Reserve System) Overall US Economic Activity Economic activity continued to expand across the United States, with 10 of the 12 Federal Reserve Districts reporting moderate or modest growth. The outliers were the Dallas District, which reported strong growth driven in part by the energy sector, and the St. Louis District where […] Read more
The Fed Said The Federal Reserve Bank of Atlanta Across the Southeast, consumer spending is up, and companies continue to have trouble finding qualified workers. Those are some of the findings from the latest Beige Book of economic conditions. Most businesses expect increased activity in the second part of this year despite some uncertainty related to […] Read more
The FED Said (Federal Reserve Atlanta) Residential complexes going up near Atlanta transit stations promote pools, leash-free dog parks, and lifestyles “where urbanity meets savvy simplicity.” If these amenities don’t evoke the gritty utility often associated with public transportation, they’ve achieved their desired effect. The Metropolitan Atlanta Rapid Transit Authority (MARTA) is at the forefront […] Read more
The FED Said The new Beige Book covers some familiar themes, but also includes a few timely details that could portend future changes in certain economic sectors. Uncertainty and other effects of trade policy showed up among manufacturers and contacts in the transportation industry. Most manufacturing contacts reported increases in their costs, particularly for steel, […] Read more