We’ve added speeches from the following FRB Minneapolis presidents: John H. Rich, Oliver S. Powell, John N. Peyton, Frederick L. Deming, Hugh D. Galusha, Bruce K. MacLaury, and Mark H. Willes.
Minutes of Board of Governors’ meetings are now available from 1914-1951.
Annual reports of the Federal Reserve Bank of Cleveland are now available for the years 1916-1979.
Annual reports of the Federal Reserve Bank of San Francisco are now available for the years 1915-1994.
Speeches from 1931 to 1970 by Karl R. Bopp, President of the Federal Reserve Bank of Philadelphia (1958-1970), are now available. Bopp served the Philadelphia Fed as Director of Personnel and Director of Research prior to his appointment as bank president.
Annual reports of the Federal Reserve Bank of Atlanta are now available for the years 1915-2000.
We have posted documents from five newly digitized archival collections from the National Archives at College Park, MD, and the Harry S. Truman Library and Museum in Independence, MO.
Issues of Employment and Payrolls, published by the Bureau of Labor Statistics from 1935 through 1954, have now been posted.
Annual reports of the Federal Reserve Bank of Richmond are now available for the years 1915-1994.
for historical highlights from our digital archive.
We've posted additional speeches by William McChesney Martin, Sr., first Chairman of the Board of Directors and Federal Reserve Agent for the Federal Reserve Bank of St. Louis, 1914-1929, Governor of the Bank, 1929-1935, and first President of the Bank, 1935-1941.
The latest annual report of the Federal Reserve Bank of St. Louis has been added.
Congressional Hearing before the Committee on Banking and Currency, United States Senate.
Issues of the Federal Reserve Bank of Richmond's monthly review of economic conditions have been posted for the years 1920-1974.
Fiscal year 2014 budget documents are now available on FRASER.
This book discusses people and events that led to the creation of the Federal Reserve System, mainly the St. Louis Federal Reserve Bank.
Annual reports of the Federal Reserve Bank of New York are now available for the years 1915-1994.
The 2013 Economic Report of the President is now available, along with reports back to the first Economic Report of the President, issued in 1947.
These circulars were issued by the Federal Reserve Bank of St. Louis to member banks. They address topics key to the Bank's mission and describe the Bank's procedures, processes, and corporate culture.
Issues of the Federal Reserve Bank of Atlanta's monthly review of economic conditions have been posted for the years 1920-1976.
Issues for 1977-1995 are now available, containing listings of foreign direct investment transactions arranged by Standard Industrial Classification (SIC) of the U.S. companies, by the source country of the investment, and by the U.S. state location of the foreign investment.
The latest issue of Economic Indicators is now available on FRASER.
This monthly publication was issued by the Research Department of the Federal Reserve Bank of St. Louis. Issues are available on FRASER for the years 1966-1998
. Issues for 1999 to current
are available on the St. Louis Fed's Research website.
Issues of the PPI have been posted for January 1995 - May 2005. Issues for October 1989 - December 1994 are forthcoming.
FRASER has had an overhaul of its search results page. Search results now feature:
1. Sorting results by date or by relevance
2. Related search terms
3. Filters for date, topic, publication, special collection, and author
4. Additional link options in PDF results, including links to the file’s parent publication, special collection, topic, and author, in addition to the usual link to the file itself
5. Preview images
Try this search for the term “government debt” refined to documents from 1955-1959
The latest issue of Economic Indicators is now available on FRASER.
The latest issue of Economic Indicators is now available on FRASER.
Issues of the Federal Reserve Bank of San Francisco's monthly review of economic conditions have been posted for the years 1920-1956.
Chester Davis was the 4th president of the Federal Reserve Bank of St. Louis from 1941-1951. Prior to his service in St. Louis, he served as a member of the Board of Governors of the Federal Reserve System from 1936 to 1941. During the years of World War II, he also served on the Agricultural Adjustment Administration.
This biographical interview is a transcription from a 1953 interview conducted by Dean Albertson. The original is at the Columbia Center for Oral History. It is posted here with their permission. For additional information please see: http://oralhistoryportal.cul.columbia.edu/document.php?id=ldpd_4074582
Five reports prepared by the CBO on Social Security, its funding options, outlook, etc.
The latest issue of Economic Indicators is now available on FRASER.
The latest issue of Economic Indicators is now available.
This post contains images of the front and back of a 10" piece of pine 2x4 that was mailed to the Federal Reserve Board of Governors Chairman Paul Volcker on March 28, 1980 by the Jackson Mississippi Home Builders. Around that date in 1980, inflation was at 14.6 %, unemployment was at 6.9%, Bank Prime Loan Rate was 19.50%, and the 30-year mortgage rate was 16.33%
We’ve overhauled our search results page.
Search results now feature filters for date, topic, publication, special collection, and author. Related search terms are also suggested. And PDF results now have more linking options, including links to the file’s parent publication, special collection, topic and author, in addition to the usual link to the file itself.
A new topic on economic aspects of agriculture has been created. The topic contains several documents already on FRASER, as well as five "new to FRASER" documents.
The August 2012 issue of Economic Indicators is now available on FRASER.
The Treasury Bulletin posting has been completed, with the years 1939-1995 now available on FRASER. Issues for 1996-present are available at http://www.fms.treas.gov/bulletin/backissues.html
Issues of Wholesale Prices, published as bulletins by the Bureau of Labor Statistics, have been added for the years 1942-1965
These hearings regarding a resolution favoring a restrictions of loans by Federal Reserve Banks for speculative purposes are now available.
The July 2012 issue of Economic Indicators is now available on FRASER.
The back issues of the Bank's Review from 1917 to 1966 are now available. Together with issues for 1967-present
on the Federal Reserve Bank of St. Louis webpage access is provided to the complete run of the publication.
This bulletin, produced monthly from 1939-1982, quarterly from 1983-present, contains a mix of narrative, tables, and charts related to Treasury issues and various financial data of the U.S. government. Issues for the years 1939-1979 have now been posted to FRASER.
New liberty loan documents are now available in our War Finance topic.
This study looks at the history of deposit insurance in states that had used it in the quarter century preceding the establishment of the Federal Deposit Insurance Corporation.
Hearings before the House Committee on Banking and Currency on the Banking Act of 1935, which reorganized the Federal Reserve Board of Governors and enlarged the supervisory powers of the FDIC. These hearings are credited with the first use of the phrase "pushing on a string" in reference to the limitations of monetary policy. See page 377 (381).
A study of the first attempts in the United States to protect bank creditors through the use of the insurance principle.
The latest issue of Economic Indicators is now available.
Issues of the Budget of the United States Government are now available, starting with fiscal year 1923 (the first Budget produced by the Bureau of the Budget) through fiscal year 2013. Various supplements are also available, such as War Supplements for 1944-1947, Historical Tables, Appendix, and Budget in Brief.
Six short pamphlets on the structure of the Federal Reserve System, produced in 1981.
The latest issue of Economic Indicators is now available.
When the minutes of the Board of Governors were bound, the volumes were numbered, divided in parts as needed, and detailed indexes were prepared. The current collection of indexes includes the years 1914-1939, volumes 1-26. For most years, the indexes were in two parts, January-June and July-December. For 1914, 1915, and 1934-39 the indexes cover an entire year. The 1915 index contains separate member and subject indexes and 1933 contains 5 independent indexes.
In addition, the Board of Governors minutes that were cited by Allan Meltzer in A History of the Federal Reserve, Volume 1 were pulled together as a companion collection. These were digitized based on his references and do not constitute a complete collection.
A new All Titles
page is available, on our top navigation bar, where users can browse all 600+ publications on FRASER by title, date, and publication type (monograph vs. periodical).
Additionally, we are starting a monthly email to be sent to interested FRASER users. These email messages will cover the latest additions and other interesting FRASER information. Subscribe here
, and avoid missing out on our first issue!
A 1937 report regarding a survey of foreclosure operations and costs, prepared by the Home Owners' Loan Corporation.
The latest issue of Economic Indicators is now available.
Handwritten diaries by Charles S. Hamlin, written during his tenure as the first Governor of the Federal Reserve Board. Index-digests that can be used to find diary entries on particular topics are also available.
A 1936 reference book for those engaged in examining titles and in closing loans in the field on behalf of the HOLC and under the supervision of its Legal Department.
The latest issue of Economic Indicators is now available.
Two volumes of Proceedings and Documents of the United Nations Monetary and Financial Conference held at Bretton Woods, New Hampshire, July 1-22, 1944.
These 1913 hearings were held to discuss passage of the H.R. 7837 and S. 2639, the Federal Reserve Act.
This 1913 report and comparative print show revisions to the bill by the House and Senate.
The February 2012 issue of Economic Indicators has been added to FRASER.
This annual statistical release by the Board of Governors of the Federal Reserve System covers data on bank debits or charges to demand deposit accounts for 1919-1976.
The 1977-1981 and 1982-1988 editions of this title are now available on FRASER.
This publication indexes the appearances of Board members and staff before the various committees of Congress for the first 50 years of the Federal Reserve System.
A compilation of hours and earnings data that was originally published in the Monthly Labor Review and Employment and Pay Rolls, with corrections to the previously published data.
The 2012 Economic Report of the President including the Annual Report of the Council of Economic Advisers is now available. Reports are available back to the first Economic Report of the President, issued in 1947.
The President's Budget of the United States Government, Fiscal Year 2013, was released today. FRASER provides access to the Budget and many of its supplements for fiscal years 1941-1995 (1996-2013 are available at FDsys
). Additional issues and supplementary titles will be added soon.
The January 2012 issue of Economic Indicators is now available.
This 1941 dissertation takes a look at the establishment, operation, and administration of the Federal Reserve Bank of St. Louis.
Collected statements, hearings, and a report on the 1949/1950 study by the Subcommittee on Monetary, Credit, and Fiscal Policies of the Joint Committee on the Economic Report.
This report brings together data from various statistical publications to provide a comprehensive, long range view of U.S. economic growth, from 1860-1965. It was designed a basic research document for economists, historians, investors, teachers, and students.
Also known as the Johnson Committee Hearings, these hearings present testimony and data on the sale, flotation, and allocation of foreign bonds and securities by banks, banking institutions, corporations, and individuals.
The December 2011 issue of Economic Indicators is now available.
Andrew Brimmer worked at the Federal Reserve Bank of New York as an economist, then became assistant secretary of economic affairs in the U.S. Department of Commerce. In 1966, U.S. President Lyndon B. Johnson appointed Brimmer to the Board of Governors of the Federal Reserve; the first African American in that position.
This 1982 report to the Congress was completed by the Commission on the Role of Gold. It was in response to Public Law 96-389 which amended the Bretton Woods Agreements Act to authorize an increase in the U.S. quota in the International Monetary Fund. It includes a gold market statistical compendium and summaries of dissenting views and statements presented to the commission.
FRASER has received a facelift. The redesigned website includes new and enhanced site navigation, such as chronological browsing and a more advanced search feature.
We welcome your feedback on the site. Feel free to contact us
with questions or comments.
The November 2011 issue of Economic Indicators is now available.
This statistical release presents data on lending by U.S. banks to foreign sources.
The 1968 hearing
before the Joint Economic Committee and the subsequent 1969 report
submitted by Senator William Proxmire have been added to the Discount Window collections. The hearing and report were in response to the Board of Governors system committee proposals contained in Reappraisal of the Federal Reserve Discount Mechanism
The October 2011 issue of Economic Indicators is now available.
These speeches were presented before Congress in 1891-1894 regarding "free silver" and the desire to return to a bimetallic monetary standard. They have been added to a new topic collection as well: Alternative Monetary Standards
The September 2011 issue of Economic Indicators is now available.
This book describes the development of the Federal Reserve System during it first 20 years.
This supplement to the Statistical Abstract contains annual, time-series data with national coverage on almost any aspect of United States economics, population or infrastructure since the government began recording statistics. Like the Statistical Abstract, references are made to the original source of the data, and additional descriptions of the data are given.
Profit rates of the 63 industry and size groups of manufacturing corporations are tabulated in this reference manual, compiled by the Federal Trade Commission from past issues of the Quarterly Financial Report for Manufacturing Corporations.
An FOMC action, known as "Operation Twist," was first used between 1961 and 1963 to replace short term debt with longer term government debt. FRASER contains a number of documents both from that era and later commentaries on and analyses of the plan's outcomes. The title link above will take you to a few suggested resources. These documents are from various collections on FRASER, such as Addresses and Speeches of the Chairmen of the Board of Governors, Federal Open Market Committee Reports, and the William McChesney Martin Jr. Papers.
To replicate this search, choose the Advanced Search. Enter the term "operation twist" in the box for "with the exact phrase" and click on the Search button. You may also use this search to limit the your hit list to the decade of the 1960s for the historical documents, or to filter the results by collection(s) to see only the hits for the Federal Open Market Committee Reports, for example, by selecting one or more collections and adding them to the box on the right.
This report, prepared June 1949 to accompany S. 1559, 81st Congress, 1st session, favorably recommends that the bill to establish a National Monetary Commission should pass. The National Monetary Commission would be directed to investigate current requirements and methods covering the matters of legal reserves of banks, eligible deposits against such reserves, open market operations of the Federal Reserve banks, adequacy of eligible paper other than Government obligations, specie reserves, foreign-exchange fluctuations, and other factors.
Report No. 1719, to accompany S. 3487, 73rd Congress, 2nd session. This report, prepared in May 1934, recommends that the bill, relating to direct loans for industrial purposes by Federal Reserve banks, should pass, with amendments. The amendments include several amendments to the Reconstruction Finance Corporation Act.
This questionnaire, relative to S. Res. 125 (approved August 4, 1939), was sent to the Treasury Department, Comptroller of the Currency, Board of Governors of the Federal Reserve System, Federal Reserve Banks, Department of Commerce, Federal Deposit Insurance Corporation, Reconstruction Finance Corporation, State Bank Supervisors, and American Bankers Association and Association of Reserve City Bankers. Printed for the Senate Committee on Banking and Currency, 76th Congress, 3rd session, as part of a study on possible national monetary and banking policy by which the monetary and banking authorities of the Federal Government shall be guided and governed, and recommendations on the character of governmental machinery best calculated to carry out such policy.
This bulletin, prepared by Herbert M. Bratter U.S. Department of Commerce, Bureau of Foreign and Domestic Commerce, Finance and Investment Division, studies the position of silver in the world's monetary systems. Legal provisions relating to silver, the position of silver in the reserves of banks of issue, the circulation of silver coin, the attitude of foreign countries toward silver, and the possibility of increased use thereof without new legislation are discussed. The survey covers foreign countries, as well as the position of silver in the United States currency system.
Reports are available for the years 1789-1980.
These annual reports also contain the reports of the many departments of the Treasury, including the Bureau of the Mint, Bureau of Engraving and Printing, Bureau of Customs, Office of the Comptroller of the Currency, Secret Service, and the Internal Revenue Service.
A 1965 House hearing on H.R. 3818, a bill to eliminate the requirement that Federal Reserve Banks maintain certain reserves in gold certificates against deposit liabilities.
These 1945 hearings before the Senate Committee on Banking and Currency discussed S. 510, a bill to amend sections 11 (c) and 16 of the Federal Reserve Act.
This book was written with the intention to serve as "an introduction to the study of the Federal reserve system by college classes in banking and by business and professional men who wish to have a general idea of the purposes, structure, and functions of the system." The study primarily covers the years 1922-1925, and includes various appendices.
These 1965 hearings, conducted under Wright Patman on H.R. 7601, a bill to provide for the retirement of $30 billion of interest-bearing obligations of the United States held by the 12 Federal Reserve Banks, discussed the possible effects of the proposal to transfer obligations from the balance sheets of the Federal Reserve Banks to the Secretary of the Treasury for subsequent cancellation and retirement.
This October 1961 report distributed by the Office of Statistical Standards attempts to discuss, in non-technical language, the meaning, purposes and problems of measuring unemployment.
Nomination hearings, conducted in the Senate, for Chairmen of the Board of Governors of the Federal Reserve System. Hearings available include those for Eugene Meyer, Marriner Eccles, Thomas McCabe, William McChesney Martin Jr., Arthur Burns, G. William Miller, Paul Volcker, Alan Greenspan, and Ben Bernanke.
The August 2011 issue of Economic Indicators is now available.
This paper, prepared in 1977 by Stephen H. Axilrod, Staff Director for Monetary Policy, in collaboration with members of the Board's Division of Research and Statistics, evaluates the probably effects of lifting the prohibition on payment of interest on demand deposits, which had been in effect since 1933. The effects on banks, other depository institutions, and the public, as well as on monetary policy and credit markets as a whole, are discussed.
This 1962 pamphlet by the BLS was designed to provide answers to frequent questions raised regarding who is counted as unemployed and how unemployment is measured. A bibliography is included for additional sources of information.
Issues of the Consumer Price Index have been added back to its first issue, January 1953.
These hearings were conducted by the Senate Special Committee to Investigate Unemployment and Relief. The hearings intended to ascertain the number of unemployed person in the nation; the extent to which the government provides insurance benefits, relief, or work relief for the unemployed; and whether and how work relief should be continued.
Four reports from the Department of the Census are included under this title published in 1924. They are: Estimated National Wealth, Public Debt, Taxes Collected, and Assessed Valuation and Tax Levies. The data is based on the decennial censuses, and provides some comparative data for 1850-1922. The title appears in the Government Debt collection, and can also be accessed in the Title Browse.
The annual reports of the Secretary of the Treasury are now available for 1887-1940. Additional years will be posted soon. Eventually, the collection will include 1790-1980. We will advise our users as additions are made to the collection. It can be found in the Annual Reports topic, or in the Title search or browse under Annual Report of the Secretary of the Treasury on the State of the Finances.
These annual reports by the Board of Governors of the Federal Reserve System discuss actions taken in response to the Equal Credit Opportunity Act, included enactment of Regulation B and establishment of the Consumer Advisory Council as well as summaries of actions taken by other agencies.
These hearings, held before the Joint Economic Committee, focused on economic discrimination in employment, earnings, credit, insurance, taxes, social security, and transfer programs.
Documents prepared in the proceedings of the Subcommittee on General Credit Control and Debt Management of the Joint Committee on the Economic Report, created in the spring of 1951 for the purpose of conducting a general inquiry into monetary policy and debt management.
This 1942 report from the Federal Housing Administration summarizes insuring activities for the years 1934 through 1940 for 140 metropolitan districts identified by the 1940 census of population.
This supplement to the Employment and Earnings provides periodic revisions to correct for sampling variability and changes in industrial activity of establishments. It is a valuable resource for employment and wages over time. The earliest version posted covers 1909-1972. Subsequent editions provide updates through 1996.
The July 2011 issue of Economic Indicators is now available.
These reports were submitted to the President annually in December of 1946-1950.
This 1938 report by the Division of Examinations of the Board of Governors of the Federal Reserve System discusses the history and current (1938) operations of Federal Reserve Bank branches.
The Government Debt collection is new on FRASER. It contains Congressional hearings dating back to 1958 on the public debt and debt ceiling, as well as, speeches and testimony by Chairmen of the Board of Governors and St. Louis president, Darryl Francis, on the subject.
Written in 1924 by Harvey E. Fisk, this book was "prepared in response to many requests for information regarding the cost of the World War [World War I], how this cost was met, and more particularly for information about the debts between allies..." It is part of the War Finance
These internal memoranda were produced as a result of a committee, started in 1936 by the Board of Governors of the Federal Reserve System, organized to prepare studies on possible means of improving the existing banking structure.
The June 2011 issue of Economic Indicators is available.
Although Chairman Bernanke is the first chairman of the Board of Governors to regularly hold press conferences, these aren’t the first press conferences ever held by a chairman. The following were found in the FRASER collection Public Statements of the Chairmen of the Board of Governors of the Federal Reserve System.
In 1964, Chairman Martin held a press conference on November 23, 1964 to explain actions of the Board of Governors raising the discount rate for several banks and for increasing the regulation Q ceiling rates.
And in November of 1973, Chairman Burns met with the press to discuss the decision to let gold float freely.
In October 1979, Chairman Volcker held two press conferences following a change in monetary policy operating procedures. The change came following a special Saturday meeting of the FOMC, and the first Volcker press conference was held that day. Another conference was held three days later, after a speech at the American Bankers Association. Finally, in October 1982, he held a third press conference to explain a de-emphasis on using M1 (money supply) as an operating target.
A testimony of the Council of Economic Advisers before the Joint Economic Committee on economic developments since President Nixon's New Economic Policy was adopted on August 15, 1971.
These outlines of Federal Reserve branch banks cover their powers, functions, and character and volume of business handled, from 1919-1925.
This 1912 book was published by the National Citizens' League for the Promotion of Sound Banking. It describes conditions in the national banking system just prior to the establishment of the Federal Reserve System. Edited by J. Laurence Laughlin, he acknowledges contributions by H. Parker Willis, James P. Hall, F.R. Mechem, W.A. Scott, A.D. Welton, Frank H. Fayant, and M.S. Wildman.
The May 2011 issue of Economic Indicators is now available.
The latest annual report of the Board of Governors of the Federal Reserve System has been added.
Annual reports of the Office of the Comptroller of the Currency have been added dating back to its establishment in 1863.
These hearings took place in the House of Representatives from April 20 - May 4, 1971.
The Banking Reform Act of 1971 had two basic goals: (1) the enhancement of competition among financial institutions and the reduction of concentrations of economic power within the financial community; and (2) the elimination of certain serious conflict-of interest situations occurring as a result of existing practices carried on by financial institutions.
The April 2011 issue of Economic Indicators is now available.
This summary report was published in 1915. It is the 5th report in the Bureau of Labor Statistics series entitled Women in Industry.
12 Congressional hearings have been added to a new collection. These hearings cover the energy crises of the 1970s, particularly the 1973 oil crisis caused by the Arab Oil Embargo, and the 1979 energy crisis caused by the Iranian Revolution.
This document lists member banks for each Federal Reserve District, classified into three groups for each district, with groups each containing approximately one-third of the member banks for that district, organized by capitalization. This list was compiled by the Reserve Bank Organization Committee prior to the opening of the Federal Reserve Banks in 1914.
Written in 1919 by one of the drafters of the Federal Reserve Act, this small book provides his account of the origin and guiding principles for the Federal Reserve System.
These reports were submitted by the Committees on Banking and Currency of the Senate and House of Representatives in 1922, giving favorable recommendation for the Federal Reserve Bank of St. Louis to enter into contracts for the erection of buildings for its head office and Little Rock branch.
This 1925 volume is a narrative by W.P.G. Harding. He served as Chairman of the Board of Governors of the Federal Reserve System from 1916-1922, and as President of the Federal Reserve Bank of Boston from 1923 until his death in 1930.
The annual supplement for the PPI Detailed Report has been added for 1997-2004. This title continues the annual supplement for the Producer Price Indexes which will be posted soon.
Issues through March 2011 are now available.
The author, Harold L. Reed, was a Professor of Banking and Finance at Washington University, St. Louis, at the time he wrote this book in 1922.
This hearing took place before the House Committee on Coinage, Weights, and Measures in January 1934 on H.R. 6976. It is a companion to the Gold Reserve Act hearings before the Senate Committee on Banking and Currency on S. 2366, which can also be found at this website link
. This publication includes the text of H.R. 6976, and reports from both the House and Senate committees.
Letter from Federal Reserve Governor W. P. G. Harding in response to a Senate resolution of October 14, 1921 (S. Res. 153), transmitting information regarding the number and salaries of employees of the Federal Reserve Banks; expenditures in the erection of buildings; expenses of general administration; and the amount of net earnings paid to the government as franchise tax.
This hearing before the Subcommittee on Domestic Monetary Policy of the Committee on Banking, Finance and Urban Affairs in the House of Representatives, which took place on September 23, 1982, attempted to explore how well the Federal Reserve banks carried out their two functions: performing their day-to-day bank operations, which involve interacting with business and financial communities in their respective districts, and helping to determine monetary policy by participating in the Federal Open Market Committee.
First published in 1918, this book provides a contemporary description of the establishment of the Federal Reserve System and its role in the American economy at that time. A measure of its popularity through time is that it has been printed in 12 editions, with a number of revisions along the way.
A comprehensive history of the management of the 90-day wage-price freeze, undertaken by the Office of Emergency Preparedness and the newly established Cost of Living Council, as a first step to curbing inflation, and buying time for a longer-term and more flexible policy for wage and price behavior to be planned .
A hearing before the Senate Committee on Banking, Housing, and Urban Affairs, considering H.R. 13955, a bill to authorize the U.S. acceptance of certain amendments to the Articles of Agreement of the International Monetary Fund, and an increase of the U.S. quota, with an intent of moving toward a stable noninflationary international monetary order.
A hearing before the Senate Committee on Banking and Currency, considering S. 2576 (included), a bill to increase the percentage that national banks can lend on real estate.
Published in 1940, this document provides employment and payroll data at the State-level by industry, as of 1938. The data was derived from the unemployment operations mandated by the Social Security Act of 1935.
A hearing before the House Committee on Banking and Currency, considering H.R. 7632 and S. 1700, regarding a two year extension of the authority of the Federal Reserve banks to purchase U.S. obligations directly from the Treasury. This direct purchase authority was initially enacted during World War II, and continued on a temporary basis since that time, allowing the Treasury to borrow directly from the Federal Reserve banks on a short-term basis as needed.
This brief document was published by the GPO in 1918. It is a reprint of an article that appeared in the Federal Reserve Bulletin in April 1917 titled "Uniform Accounting." The subtitle describes it as "A tentative proposal submitted by the Federal Reserve Board for the consideration of banks, bankers, and banking associations; merchants, manufacturers, and associations of manufacturers; auditors, accountants, and associations of accountants."
This two-volume work was written by Paul M. Warburg in 1930. It records his recollections and reflections on the founding of the Federal Reserve System.
The series of National Income and Product Accounts containing benchmark revisions have been consolidated into a single title and the more recent issues for 1929-1958, 1929-1976, 1929-1958, 1959-1988, and 1929-1994 have been added to FRASER.
The full-text of the monetary policy hearings before the 111th Congress is now available.
The 2011 Economic Report of the President including the Annual Report of the Council of Economic Advisers is now available.
We have posted the full hearing that took place February 13-28, 1933 before the Senate Committee on Finance. The Table of Contents contains a list of the individuals who testified in person, or presented written commentary and reports.
The January 2011 issue of Economic Indicators is now available.
Produced by the Research Library at the Board of Governors, this document describes the changes made to the titles and release numbers of Federal Reserve statistical releases.
Documents from the American State Papers, the legislative and executive documents of Congress from 1789 to 1838, have been added to the First and Second Bank collection.
This hearing before the House of Representatives is one of a series addressing proposed regulation of the securities market in 1993. It can also be found in the Collection by Topic: Congressional Hearings.
This paper by David Lindsey was originally published in 2003. In 2009, it was authorized for public release. The papers examines the evolution of the Federal Open Market Committee policy for communicating with the public during the last quarter of the 20th century.
The issues for 1923-1928 for this series have been added to FRASER. You can now view files for individual states covering all of the years currently posted by opening one issue, selecting the desired state, and clicking on the link for 1923-1949. The reports for prior years are included in the Annual Report of the Comptroller of the Currency
These supplements were prepared for the use of the Joint Economic Committee, and present background information on each of the series in the Economic Indicators prepared by the Council of Economic Advisers.
These handbooks were prepared as supplements to the Business Conditions Digest, and present information on about 300 economic time series in the Business Conditions Digest.
The November issue is now available.
An examination of the course of business cycles from 1890 to the time of the book's publication (1913) in the United States, England, Germany, and France.
The remaining historical minutes of the Federal Open Market Committee, 1936-1955, have been posted.
A topical collection of documents relating to the First and Second Banks of the United States has been created. This collection collection features bibliographic and secondary source materials relating to the banks, and acts as a supplement to our existing archival collection of original documents
relating to the banks .
The latest Economic Projects from the November 2-3, 2010 FOMC meeting have been extracted and posted.
Issues for the Employment Situation news release produced by the Bureau of Labor Statistics have been added for 1988-1993.
The October issue is now available.
Bulletin No. 1517, prepared by members of the staff of the Office of Prices and Living Conditions, presents an historical summary covering the scope and method of compiling the Consumer Price Index, as well as a description of the 1964 revision of the index.
This leaflet was created for the public as a guide to the Home Owners' Loan Corporation, which was established in 1933 by the Home Owners' Loan Corporation Act, for the purpose of providing mortgage assistance to home owners in danger of losing their homes.
Six additional bulletins from the Bureau of Labor Statistics have been posted. These bulletins, Nos. 156, 228, 270, 315, 445, and 464, date from March 1915 to October 1928.
We have digitized a collection of original documents pertaining to the First (1791-1811) and Second (1816-1836) Banks of the United States, early attempts at a central bank in the United States.
Statements by members of the Board of Governors, during the years 1914-1923, have been added. These include statements by Frederic A. Delano, Charles S. Hamlin, W. P. G. Harding, Adolph C. Miller, John R. Mitchell, Edmund Platt, Paul M. Warburg and John Skelton Williams.
On October 2 and 3, 1973, the House Committee on Banking and Currency, chaired by Wright Patman, Representative from Texas, held hearings on H.R. 10265. This three page bill proposed an audit of the Federal Reserve Board, banks, and branches by the General Accounting Office, the extension of section 14(b) of the Federal Reserve Act, and an additional $60,000,000 for the construction of Federal Reserve Bank branch buildings. It is located in the "Congressional" Collection by Topic.
These hearings on S. 1715 and H.R. 7617 took place between April 19 and June 3, 1935 before the Senate Committee on Banking and Currency. The committee included Senators Carter Glass and William G. McAdoo, who were involved with the creation of the Federal Reserve Act and the work of the Reserve Bank Organizing Committee in 1913. This document is in the Collection by Topic for Banking Laws and Legislation.
The May 2010 issue of Economic Indicators is now available.
Retail Prices includes Bulletin 495, covering the years 1890 to 1928, issued August 1929. Bulletin 635, issued October 1937, contains statistical changes from the 1929 edition, together with average prices and indexes for the years from 1923 to 1936. They are included in the Collections by Topic for Depressions & Panics and Bureau of Labor Statistics Publications.
A hearing with the Honorable W.P.G. Harding, Governor of the Federal Reserve Board in 1921 to discuss a resolution offered by James G. Strong of Kansas before the Committee on Banking and Currency of the House of Representatives.
The April 2010 issue of Economic Indicators is now available.
The March 2010 issue of Economic Indicators is now available.
Published in 1910, Vol. 36, No. 3, of The Annals of the American Academy of Political and Social Science features essays by prominent bankers, professors of economics, and other professionals on the banking problems of the time.
This series of three reports from the Federal Emergency Relief Administration is the result of a nation-wide survey of all families and persons receiving relief from public funds during October 1933. The reports are a United States summary report, an analysis of data by urban and rural areas, and a report on the composition of families receiving relief by states, urban and rural areas, and principal cities.
This publication is linked to the following Collections by Topic: Employment/Unemployment, Depressions and Panics.
Annual Reports for the Federal Reserve Bank of St. Louis are available from 1915-1950, and 1979-1994, with issues for the 1950s, 60s, and 70s being added. Issues from 1995 to the present are available on stlouisfed.org: http://stlouisfed.org/publications/ar/pastissues.cfm
The February 2010 issue of Economic Indicators is now available.
The historical minutes and Records of Policy Actions for 1956 through 1963 have been added to FRASER.
Historical issues of the Bureau of Labor Statistics News Release The Employment Situation, unavailable on the BLS website, are being added to FRASER.
Publication of the Federal Reserve Bank of New York (1990), reviewing a broad array of financial variables proposed for use in formulating and implementing monetary policy.
A chart (1943) depicting trends of price inflation, federal debt, business, national income, stocks and bond yields for the United States from 1775- World War II.
The January 2010 issue of Economic Indicators is now available.
A 1913 bibliography compiled by the Library of Congress on such topics as banking and
currency in the United States and foreign countries, crises and panics, credit, and clearing houses and more.
Several items related to the War Finance Corporation Act of April 5, 1918 and the Capital Issues Committee of the Federal Reserve Board created by the Act are now available in the War Finance Collection.
This opinion of Thomas W. Gregory, issued on November 22, 1915, regarding the ability of the Federal Reserve to eliminate Bank districts, is taken from Official opinions of the Attorneys General of the United States : advising the President and heads of departments in relation to their official duties. Vol. 30
1937 publication by the St. Louis Bureau for Homeless Men.
The Bureau For Men, known also as the Bureau for Homeless Men, was organized as the first agency in the United States to provide social services to transient and homeless men.
The Bureau's caseload grew immensely during the Great Depression. By late 1932, it provided social services to over 8000 transients.
The December 2009 issue of Economic Indicators is now available.
The 1959 final report is now available in searchable full-text. We have also added the Reconstruction Corporation Act as amended and provisions of the Emergency Relief and Construction Act of 1932 under United States Government Documents
This book is a revision of an unpublished 1961 version, which was prompted by a 1955 revision of the Board's Regulation A. This version was prompted by the 1973 revision of that regulation. Regulation A covers extensions of credit by Federal Reserve banks.
The text of the current Regulation A
is available through the Electronic Code of Federal Regulations.
The November 2009 issue of Economic Indicators is now available.
This is a collection of circulars issued by the Federal Reserve Bank of St. Louis that pertain to the declaration of the Bank Holiday and subsequent events. Related documents that were published on the national level are available in the Bank Emergency of 1933
collection under United State Government Documents.
Data and analyses from the Office of Management and Budget, covering the years 1967-1978
Winthrop Aldrich, son of Nelson Aldrich and president of Chase National Bank from 1930-53, delivered this speech on the Depression in 1933 before the Senate Finance Committee.
The October 2009 issue of Economic Indicators is now available.
This part of the Brookings collection was digitized from 30 boxes of 3"x5" cards with bibliographic entries on a wide range of national and international topics relating to economics, banking, and monetary issues. The references range from the late 19th to mid 20th century. This Guide to Files of Bibliographic Cards
is a helpful summary.
In the mid 1950s, the Brookings Committee on the History of the Federal Reserve System compiled a list of persons influential in the establishment of the Federal Reserve and the location of their papers. Some provide biographical sketches of the individuals, and container lists or finding aids for the collections.
Created by the Aldrich Vreeland Act of 1908, the Commission issued 30 reports (1909-1912) that provided a detailed and authoritative survey of North American and European banking systems of the late 19th and early 20th centuries. All of the reports were published by the U.S. Government Printing Office between 1909 and 1911.
The National Monetary Commission's reports became the basis for, and would go on to recommend, the Federal Reserve Act of 1913.
Issues for the years 1970-1990
This three day hearing, held in 1914 in New York City, documents the statements of regional business men concerning the location of Federal Reserve Banks and recommendations of the territory they should encompass. The hearings were held before Secretary of the Treasury, William McAdoo, and the Secretary of Agriculture, David Houston. Similar hearings were held in other cities across the United States.
Translation of Des crises commerciales et de leur rétour périodique en France, en Angleterre et aux États-Unis, which covers financial panic in the United States from 1889-1916.
Hearing reports for the Federal Reserve Monetary Policy Reports given in February and July of 2008, and the First Monetary Policy Report for 2009 before the Senate Committee on Banking, Housing, and Urban Affairs are now available. These hearings, which include testimony by the Federal Reserve Chairman, feature discussions and opinions about the current state of the economy and the actions of the Federal Reserve Board. The time period under scrutiny in these specific reports include the deepening mortgage and credit crises, that saw the Federal Reserve Board and U.S. Treasury Department deal with situations at Bear Stearns, Citigroup, and AIG, as well as other financial stimulus actions.
A monthly publication from the Federal Home Loan Bank Board, a New Deal institution formed by the Federal Home Loan Bank Act in 1932 and dissolved in 1989. This publication was provided to member institutions from 1934-1947. All issues will soon be posted to FRASER.
Several items related to the Committee established by the Federal Reserve Act of December 23, 1913.
The committee designated the Federal Reserve Cities, divided the United States into Federal Reserve districts, and supervised the organization of Federal Reserve banks.
This series of 8 titles was published by the Board of Governors of the Federal Reserve System between 1945 and 1947. Various authors contributed their analysis of the economic problems facing the country after World War II.
The September 2009 issue of Economic Indicators is now available.
Following the last published issue (December 2003) of the Federal Reserve Bulletin, the Board of Governors continued with separate releases of the statistical tables, and the articles and reports. The Statistical Supplement to the Federal Reserve Bulletin (2004-2008) included only the data tables originally included in the Bulletin. The complete published history of this monthly report is now available. (The article compilations published during 2004-2007 can be found in the Federal Reserve Bulletin collection, http://fraser.stlouisfed.org/publications/FRB/).
This 1922 publication by the American Academy of Political and Social Sciences includes a number of articles by various authors on the background, purposes and operation of the Federal Reserve System. It reflects the position and role of the System after the end of World War I.
This annual publication, produced by the United States
Census Bureau, is currently available for the years 1919 & 1922. Issues up through 1940 are being added daily.
The August 2009 issue of Economic Indicators is now available.
A seven-part hearing, conducted over January, February, and March, 1931, before a subcommittee of the Committee on Banking and Currency, U.S. Senate, to "inquire into the banking situation of the country." Hearing is pursuant to Senate Resolution 71: to make a complete survey of the administration of National and Federal Reserve banking systems.
The July 2009 issue of Economic Indicators is now available.
Five Staff Reports of the U.S. House Committee on Banking and Currency examine the collapse of the Penn Central Transportation Company, the single largest bankruptcy declaration in U.S. History at the time.
A classic 1921 economics text written by Frank H. Knight.
The full minutes from the meetings held between January 1964 and May 1967 have been added to FRASER.
Economic indicators during the second half of 1975 showed that the U.S. was recovering from its largest period of recession since the 1930s. In this report, the Congressional Budget Office presented analysis and forecasts for the recovery, including potential effects due to different actions by the Federal government and the Federal Reserve.
This hearing was held over March and April in 1927 to amend paragraph (d) of Section 14 of the Federal Reserve Act to provide for stabilization of price levels of commodities. Statements include those of Irving Fisher and Benjamin Strong.
A 1916 address by Paul M. Warburg, before the New York Bankers Association Convention held in Atlantic City, New Jersey.
This series of addresses, delivered at Columbia University in 1907 & 1908, aimed to contribute to the understanding of the Crisis of 1907, and hoped to lay down some principles in the reconstruction of the U.S. currency system of the time. Contributors include Frank Vanderlip and Paul M. Warburg, both of whom had a hand in the founding of the Federal Reserve System.
The statements and speeches of Donald L. Kohn, current Vice Chairman of the Board of Governors of the Federal Reserve System, are now available through 2008 in Federal Reserve History. Current speeches can be found on the Board's public website: http://www.federalreserve.gov/newsevents/speech/2009speech.htm
The June 2009 issue of Economic Indicators is now available.
Under the chairmanship of Wright Patman of Texas, the Subcommittee on Domestic Finance of the House Committee on Banking and Currency, submitted this proposal following a series of hearings that took place in early 1964. The hearings collected information regarding six resolutions proposing amendments to the Federal Reserve Act: H.R.3783, H.R. 9631, H.R. 9685, H.R. 9686, H.R. 9687, and H.R. 9749. Testimony was given by 50 witnesses, including Federal Reserve officals, governors and Bank presidents, as well as, representatives of banking organizations, and experts in the fields of economics, public administration, and law.
The hearings were published in three volumes which are available under Federal Reserve History > United States Congress. House of Representatives.
Irving Fisher (1867-1947) was an early practitioner of mathematical economics. Departing from his primary interest in theories of interest rates, capital, and investments, this work is an early foray into analysis of business cycles, and the expression of his debt-deflation theory. In it he identifies nine main factors influencing depressions, provides empirical observations of those factors, and makes suggestions for remedial actions. It is an elaboration of the author's address at the meeting of the American Association for the Advancement of Science, held at New Orleans, Jan. 1, 1932.
This is a compliation of major Federal banking documents, 1780-1912. It was prepared in connection with the observance of the 50th anniversary of the Senate Committee on Banking and Currency, which was established March 13, 1913. The selected documents were chosen for their historical importance to the development of banking in the United States, and are illustrative rather than exhaustive in coverage.
This compendium of papers, submitted by the 47 panelists appearing before the Joint Economic Committee, was published to familiarize members with the issues prior to the hearings.
Eighty years (1915-1995) of Federal Reserve Bulletins are now available. Included during this time period are articles and announcements on origins of the Federal Reserve System, the Board of Governors reaction to the crash of 1929, its responses to the Great Depression, and attempts to contain inflation during the 1980s. In addition to these reports and comments are statistics on the state of the U.S. economy during this time period.
This publication provided access to the text of major statues affecting insured depository institutions and their customers for members of the House Committee on Banking and Financial Services. It was created by Office of Legislative Counsel of the House of Representatives. Citations, enclosed in brackets , have been included to enable the reader to locate the same material in the United States Code.
The May 2009 issue of Economic Indicators is now available.
The Senate adopted a resolution May 3, 1928 to investigate the causes of unemployment and report on the collection and interpretation of statistics, Federal and State public employement agencies, the establishment of unemployment insurance, economic reconstruction, the establishment of public works, and the feasibility of cooperation between Federal, State, and private agencies. The hearings took place between December 11, 1928 and February 9, 1929. The text of the hearings and final report (Senate Report 2072) with recommentations for legislation was published February 25, 1929.
Published in 1918, this work contains the law and regulations, the informal rulings of the Federal Reserve Board, and the opinions of counsel governing bank acceptances, rediscounts, advances, and open market transactions of Federal Reserve Banks.
Several historical documents relating to Bank Failure and the Treasury Federal Reserve Draw Authority can be found in the House and Senate sections of Federal Reserve History.
The Economic Report of the President for 2009 is now available.
The statements and speeches of Ben Bernanke are now available back to 2002, comprising his statements as a member, and as Chairman, of the Board of Governors. Current speeches can still be found on the Board's public website at http://www.federalreserve.gov/newsevents/speech/2009speech.htm
The April 2009 issue of Economic Indicators is now available.
The series of reports from the Shadow Open Market Committee is now complete from the initial meeting on September 14, 1973 through March 3, 1997. Subsequent years are available at the SOMC website
hosted by Claremont McKenna College.
The March 2009 issue of Economic Indicators is now available.
The Federal Reserve Board H.15 statistical release, Selected Interest Rates, is now complete from 1979 through June 1996. Issues starting with the June 17, 1996 issue are located on the Federal Reserve Board site, http://www.federalreserve.gov/Releases/H15/default.htm .
This collection of documents now includes the state and territory tables for 1929 through 1941 and 1949. Published by the Office of the Comptroller of the Currency, the documents are located under the Publications heading.
Penn Square Bank, of Oklahoma City, failed in July of 1982. Several hearings took place in both the House and Senate reviewing the causes and implications of its collapse. These hearings can be found in the Federal Reserve History section of FRASER.
The February 2009 issue of Economic Indicators is now available.
This hearing, held before the Subcommittee on Economic Stabilization of the House of Representatives, reviews the economic implications of a 'too-big-to-fail policy' in light of the bank failures that took place in the 1980s. The hearing was intended to address questions about the standard of treatment of uninsured depositors in bank failures.
The January 2009 issue of Economic Indicators is now available.
Reports for House of Representatives hearings on monetary policy for 2007 and 2008 are now available. These hearings also are referred to as the Humphrey-Hawkins hearings. The key feature of these semi-annual hearings is testimony by the chairman of the Federal Reserve.
Published under the title "Stock Exchange Practices," these hearings were a comprehensive inquiry into the major financial institutions and practices of the time. The subcommittee "...endeavored to expose banking operations and practices deemed detrimental to the public welfare; to reveal unsavory and unethical methods employed in the flotation and sale of securities; and to disclose devices whereby income-tax liability is avoided or evaded."
Note: This collection includes some large files due to the large number of exhibits scanned in gray scale.
This document, from 1934, provides the language for a proposed amendment to the Federal Reserve Act that would allow district Banks to lend to established industrial or commercial business located in their districts "In exceptional circumstances..." The amendment was passed as Public Law No. 417
on June 19, 1934.
Publications produced for a Federal Reserve System steering committee appointed to reappraise and, where necessary, recommend redesign of the Federal Reserve lending facilitites. These were produced from 1966-1969.
Statistical Release H.4.1, the data comprising the Fed's balance sheet, is available for the years 1977-1980 with releases for the years 1981-1996 being added.
The 1930 edition, which provides data as of the close of business December 31, 1929, is currently available. Additional issues will be added as they become available.
The December 2008 issue of Economic Indicators is now available.
A classic book describing the economics of money, banking, and finance.
In the mid-1950s the Brookings Institution undertook a project to create a definitive history of the Federal Reserve System. Although an intended book was never published, the research amassed by the committee provides an interesting portrait of the first 50 years of the Federal Reserve and its people. Selections from this collection are now available.
Policy Statements and Position Papers for the Shadow Open Market Committee (SOMC) are available for the years 1980-1997.
The nomination and confirmation hearings for Eugene Meyer, Marriner S. Eccles, Thomas B. McCabe, and William McChesney Martin Jr. have been posted to Federal Reserve History under the United States.Senate group. These men all served as Chairmen of the Board of Governors of the Federal Reserve System. All members of the Board of Governors are nominated by the sitting President and confirmed by the Senate.
The November issue of Economic Indicators is now available.
Issues of the Federal Reserve Bulletin for 1930-1935 are now being made available. Upon completion, issues of the Bulletin for the period covering most of the Great Depression will be posted. Issues of the Bulletin for 1936 and 1937 are already available on this site.
The October issue of Economic Indicators is now available.
Under the chairmanship of Arsene Pujo, a subcommittee of the House Banking and Currency Committee was formed in 1912. Its purpose was to investigate a small group of Wall Street bankers that exerted powerful control over the nation's finances. The findings of the committee contributed to an environment of public support for reform which resulted in the passage of the Federal Reserve Act (1913) and the Clayton Antitrust Act (1914).
Forecasts from the Federal Open Market Committee participants for consumer price inflation, real GDP, and unemployment. These projections have been made available since October 2007 at the end of the FOMC Minutes.
The speeches, addresses, and statements of the Presidents of the Federal Reserve Bank of St. Louis, now archived back to 1935, can be found in the Federal Reserve History section. Latest additions include speeches by William McChesney Martin and Chester C. Davis. This collection reflects the print holdings of the Federal Reserve System & does not include all speeches delivered, although every effort has been made to provide a complete record.
Studies on Causes and Consequences of the 1989-92 Credit Slowdown, published by the Federal Reserve Bank of New York in 1994, is now available in FRASER Publications. It is a collection of 13 papers exploring issues relating to the credit market during this period.
The September issue of Economic Indicators is now available.
In conjunction with the Federal Open Market Committee, the Memoranda of Discussion, Minutes of Actions, and Reports of Policy Actions for 1967-1976 are now available on FRASER. This article, "Background on FOMC Meeting Minutes,"
from the Federal Reserve Bulletin, Spring 2005, is an excellent history of the various types of reports issued by the Committee since 1936.
The August 2008 issue of Economic Indicators is now available.
Issues for the Federal Reserve Board G.17 release, Industrial Production and Capacity Utilization, for 1990 through 1997 are now available.
This new posting is a series of links that provide population and land area for all 12 districts between 1922 and 1998. Originally published as tables in the annual reports of the Board of Governors, it became a separate publication in 1966.
The July issue of Economic Indicators is now available.
With the exception of a few random issues, the H.6 statistical release on money stock is complete for the years 1976-1999. The earlier version of the H.6, the bi-monthly J.3: Demand Deposits, Currency and Related Items, is now available for 1961 through 1964, with issues for 1965 being added.
This publication provides graphic interpretation of data collected for the 13th Census of the United States conducted in 1910. The original volume is located in our Library collection.
It is a companion to the Statistical Atlas of 1870, which is also available in digital format under the Publications category.
Issues of the early version of the H.6 release, the semi-monthly J.3, Demand Deposits, Currency and Related Items, published between 1960 and 1965, is now available.
The June 2008 issue of Economic Indicators is now available.
Issues of the Federal Reserve Board's H.6 statistical release, Money Stock Measures, for the 1990s are now being made available.
The speeches, addresses, and statements of the Presidents of the Federal Reserve Bank of St. Louis are now archived back to 1963. Latest additions from Thomas C. Melzer, President of the St. Louis Fed from 6/1/1985 - 1/31/1998, as well as Theodore H. Roberts, President from 2/1/1983-12/31/1984 can be found in the Federal Reserve History category of the Federal Reserve Bank of St. Louis section. This collection reflects the print holdings of the Federal Reserve System & does not include all speeches delivered, although every effort has been made to provide a complete record.
These publications from 1897 abd 1900, provide a picture of banking in the United States at the turn of the last century. It includes information on banks by state, including capitalization and their officers and directors. The summaries of the Federal bankruptcy, banking, and commercial laws of each state for this period are also of interest.
Issues of the Federal Reserve Board's H.6 statistical release, Money Stock Measures, for 1986, 1987, and 1988 are now being made available.
Issues from 1980 for the Federal Reserve Board's H.8 statistical release Assets and Liabilities of Commercial Banks in the United States are now available.
The May 2008 issue of Economic Indicators is now available.
The April 2008 issue of Economic Indicators is now available.
Conference Proceedings for Operating Procedures and the Conduct of Monetary Policy hosted by the Federal Reserve Bank of St. Louis on June 18-19, 1992. This monograph is an example of historic Federal Reserve documents we will be adding on a periodic basis.
The March 2008 issue of Economic Indicators is now available.
The February 2008 issue of Economic Indicators is now available.
The annual reports and other documents relating to the Federal Home Loan Bank between 1933 and 1952 have been posted. These documents include reports on its related subsidiaries throughout that period - the Federal Home Loan Bank System and Administration, the Home Owners' Loan Corporation, the Federal Savings and Loan Association, the Federal Savings and Loan Insurance Corporation, and the United States Housing Corporation.
The 1987 issues of Producer Price Indexes are now available.
The Federal Reserve Board's G.3 Capacity Utilization release has been updated to include issues from December 1976 to March 1990.
The Federal Reserve's Second Monetary Policy Report for 2006 has been added. Fed Chairman Ben Bernanke appeared before a hearing of the Senate's Committee on Banking, Housing, and Urban Affairs on July 19, 2006.
The January 2008 issue of Economic Indicators is now available.
Issues of the Statistical Abstract of the United States for the early 1900s are now being added.
The 1961 issues of Employment and Earnings are now available.
The December 2007 issue of Economic Indicators is now available.
The 1962 issues of Employment and Earnings are now available.
The speeches, addresses, and statements of Darryl R. Francis, President of the St. Louis Fed from January 17, 1966 - March 1, 1976, as well as Lawrence K. Roos, President from March 22, 1976 - January 31, 1983 can be found in the Federal Reserve History category in the Federal Reserve Bank of St. Louis section.
Issues of the monthly Consumer Price Index are now being made available. The publication went under the title Consumer Price Index until August 1974 when it was renamed CPI Detailed Report.
The ten volumes and progress and summary reports of this committee are now available. The committee was appointed by the Federal Reserve Board on February 26, 1930 and charged with studying branch banking in the United States.
The November 2007 issue of Economic Indicators is now available.
The 1886, 1887, and 1888 issues of the Annual Report of the Comptroller of the Currency are now available.
Federal Reserve Bulletin issues for 1969 are now available.
In cooperation with staff at the Board of Governors, the FOMC Records of Policy Action and the Minutes of Actions for 1978-1992 are now available under Federal Reserve History section. The Records of Policy Actions provided a summary of each policy decision taken at a meeting or telephone conference, including a brief statement of the background and reasoning behind a decision. These documents were released after approval at the next regularly scheduled meeting. The Minutes of Actions provide information on the topics, besides monetary policy, that were discussed, and also include a list of attendees.
The October 2007 issue of Economic Indicators is now available.
The September 2007 issue of Economic Indicators is now available.
H.6 statistical releases for 1985 are now available.
Annual reports of the Budget of the U.S. Government for 1982, 1983, and 1984 are now available.
The collection of Employment and Earnings has been increased to include issues for 1970, 1974, and 1975.
Issues of the earliest issues (starting from 1878) of the Statistical Abstract of the United States are now being made available.
Issues of the monthly CPI Detailed Report for 1979 are being made available.
Issues for the 1978 monthly CPI Detailed Report are now available.
The 1927 Statistics of Income is now available.
The 1926 Statistics of Income is now available.
The August 2007 issue of Economic Indicators is now available.
In partnership with the Missouri Historical Society, we are pleased to present a selection of papers representing the career of William McChesney Martin Jr. Mr. Martin was the longest-serving chairman of the Board of Governors of the Federal Reserve System (1951-70). Martin's career also included time as the first paid President of the New York Stock Exchange, in the U.S. Army, at the Export-Import Bank of Washington, and the Department of the Treasury before joining the Board of Governors. His father, William McChesney Martin Sr., served as the first Federal Reserve agent (1914-29) and the third president of the Federal Reserve Bank of St. Louis (1929-41). These papers span the years 1923-1998, and reflect an important period in American political and economic history.
Producer Price Index issues for 1983 are now available.
Producer Price Index issues for 1984 are now available.
The 1982 issues of Producer Price Indexes are now available.
The July 2007 issue of Economic Indicators is now available.
1937 Federal Reserve Bulletins have now been added to FRASER. This is a continuing effort to add information related to the Depression era. Additional Federal Reserve Bulletins published during the 1920s and 1930s will be added as they become available.
Issues of Employment & Earnings for 1973 are now being made available.
In honor of our new data mapping site, GEOFRED (http://geofred.stlouisfed.org), we have posted a very old data mapping product. Featuring thematic maps, the Statistical Atlas was a landmark publication of the federal government. It displays census information about the United States using choropleth mapping (thematic mapping), a technique common with modern GIS systems. The maps highlight the condition of the country immediately following the Civil War. For more information about this important document, see Donald Dahmann's commentary at the Library of Congress' American Memory website. http://memory.loc.gov/ammem/gmdhtml/census2.html#frst
The 1918 issue of Statistics of Income is now available.
The 1997 issues of Survey of Current Business are now available.
The July 20, 2006 Hearing on Monetary Policy and the State of the Economy held before the U.S. House Committee on Financial Services is now available.
The Economic Report of the President as transmitted to Congress in February 2007 is now available.
The March 2007 issue of Economic Indicators is now available.
Early issues of the Survey of Current Business, starting with 1921, are being added.
Federal Reserve Bulletins for 1960s are now being made available.
The G.3 Capacity Utilization in Manufacturing and Materials releases from 1977 through 1985 are now available.
The February 2007 issue of Economic Indicators is now available.
The January 2007 issue of Economic Indicators is now available.
First monetary policy hearing before the House Committee on Financial Services, February 15, 2006
First monetary policy hearing held before the Senate Committee on Banking, Housing, and Urban Affairs on February 16, 2006
Issues of Employment and Earnings for 1971 are now being made available.
November and December 2006 issues of Economic Indicator are now available.
The speeches, addresses and statements of William McChesney Martin, Jr. have been moved to the category of Public Statements of the Chairmen of the Board of Governors.
Statements from the Chairmen of the Board of Governors of the Federal Reserve System are beginning to be posted. The contents begin with William McChesney Martin, Jr. and continue through Alan Greenspan.
Issue of the annual Budget of the United States Government from 1963 through 1980 are now available.
1878 of the Annual Report of the Comptroller of the Currency is now available.
The October 2006 issue of Economic Indicators is now available.
The September 2006 issue of Economic Indicators is now available.
Annual budget reports of the U.S. Government now being made available.
G.12.3 Industrial Production release now being added.
H.6 Money Stock Measures release now being added.
National Income and Product Account Tables are now being added.