Board of Governors of the Federal Reserve System

1 1 Overview: Monetary Policy and the Economic Outlook Part 2 3 Recent...1 Part 1 Overview: Monetary Policy and the Economic Outlook The U.S. economy

1.8 11.7 11.4 1.2 1.1 .3 .3 10.7 10.4 2001...... 100.0 3.1 12.6 37.6 28.6...data are cumulative through the end of the quarter indicated. n.a. Not

data are available back to January 1959, and weekly data are available...data, call STAT-USA at 1-800-782-8872 or 202-482-1986. 1 Figures reflect

1 of 31 Mr. Whitesell, Deputy Associate Director, Division of Monetary...1 percent but less than 1½ percent. Notice that it has moved up and down

data; seasonally adjusted, FRB basis <1>) Initial Claims Thousands S440...data. p--preliminary. n.a.--not available Note: Data have been revised

.1 1 In addition to the national CDIAC that meets with the Board, each

.1 The communities studied included older inner cities in the North, smaller...1 David Erickson, Carolina Reid, Lisa Nelson, Anne O’Shaughnessy, and

data....................................... 7 Summary of U.S. international...DATA (Seasonally adjusted) Latest data Percent change from Three Period

$1.1 billion. Member bank borrowings rose further to an average of $1.0...data confirmed that the balance-

1 Second District-New York page 4 Third District-Philadelphia page 7 Fourth...data, and the comparatively low rate of investment spending predicted