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The Regional Economist

January 2010

Inflation May Be the Next Dragon To Slay

Although some think it’s too soon to worry about high inflation, there are risks for that to happen in the medium term. Besides the obvious risks, a new bubble might be brewing in asset prices as investors search for higher returns, and the gap between actual output and potential output might be smaller than most think. Take our poll | Watch video

Commercial Real Estate: A Drag for Some Banks but Maybe Not for U.S. Economy

Community banks seem to have the most to fear about the state of commercial real estate today. The problems with these loans, however, shouldn’t derail the entire economy.

The Return to Education Isn't Calculated Easily

Most studies estimate that the return to each year of education is about 10 percent. But calculating the financial gain is not a cut-and-dried process. Even more difficult is calculating the nonmonetary return.

The Dismal Science Tackles Happiness Data

While many believe that money does buy happiness, research shows that richer people aren’t necessarily happier people, especially in the United States.

President's Message: Quantitative Easing—Uncharted Waters for Monetary Policy

Community Profile: It's Not Magic, but Retention Emphasis Pays Off for Missouri Town

District Overview: Eighth District Fares Better than Nation in Job Losses

National Overview: The Recovery Might Be a 98-Pound Weakling

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