Board of Governors of the Federal Reserve System

moving up in 2021 and 2022; the reading in February 2023 was 79.1 percent...remaining essentially flat. The upward revision to utilization for total

remained unchanged in June at 74.1 percent, a rate 5.9 percentage points...moving up for three consecutive months. The manufacturing index increased

remained unchanged in June at 74.1 percent, a rate 5.9 percentage points...moving up for three consecutive months. The manufacturing index increased

moving up in 2021 and 2022; the reading in February 2023 was 79.1 percent...remaining essentially flat. The upward revision to utilization for total

stable inflation, and a financial system that meets the economy’s needs...remain exceptionally low. Because the yield on, say, a five-year security

lower costs and products that more closely match consumer needs. But some...lower rate. Thus, the rate of productivity growth in an economy is not

lower half of the market still enjoys very robust activity because low...lower-than-expected revenues, most respondents are in the process of cutting

Treasury securities Agency securities Other assets 1/6/2016 2462 1780

Treasury Yields* Daily *Par yields from a smoothed nominal off-the-run...Treasury Yield* + + *Perpetuity Treasury yield minus Philadelphia Fed

Other Reports to the Congress Accessible version of figures from The U.S. Housing Market: Current Conditions and Policy Considerations Figure