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At the Richmond Fed: Going Beyond the Data

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  • Charles Gerena

Abstract

Data yield valuable insights into the economy. But what if economic changes are happening faster than the speed of data collection and reporting? The Richmond Fed has various outreach programs that continually monitor business activity throughout the Fifth District. One of the Bank's oldest programs is the industry roundtables. Groups of business leaders meet two to three times a year to provide firsthand, real-time feedback on the current state of the economy from the perspective of their companies and their industries. This human intel can provide advance notice of economic trends before they are reflected in the data.

Suggested Citation

  • Charles Gerena, 2025. "At the Richmond Fed: Going Beyond the Data," Econ Focus, Federal Reserve Bank of Richmond, vol. 25(3Q), May.
  • Handle: RePEc:fip:fedrrf:100056
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    File URL: https://www.richmondfed.org/publications/research/econ_focus/2025/q3_at_the_richmond_fed
    File Function: Journal Article
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    Keywords

    industry roundtables; 5th district;

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