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A New U.S. Productivity Chapter? What Industry Data Say About AI

Since late 2022, U.S. labor productivity has risen notably above its pre-pandemic trend. Industry data suggest the pickup is not yet broad-based.

What we do:

We work in the public’s interest by supporting economic and financial stability.

Jeffrey Schmid
President and Chief Executive Officer

Read his latest speech, "Monetary Policy and the Economic Outlook."

Learn More About the Federal Reserve's Mission

The Federal Reserve System is made up of 12 regional Reserve Banks that, along with the Board of Governors in Washington, D.C., make up our nation's central bank.

January 14, 2026

Tenth District Beige Book

Tenth District Summary for Beige Book.

February 11, 2026

Farmland Values Remain Firm Despite Deterioration in Farm Finances

Despite gradual deterioration in farm financial conditions over the past year, ...

Investigating the Recent Decline in Community College Enrollment

Community college enrollment has fallen since 2010, driven mainly by strong labor markets and lower returns to an associate...

February 06, 2026

Inflation Persistence as an Outcome of Monetary Policy

Delayed or tepid monetary policy responses can prolong the inflationary effect of temporary economic shocks. When financial...

The Byways Report: The Scenic Route to Rural Prosperity

Americans’ ongoing love of a road trip can help small towns build their economies. Route-based tourism — byways — is...

February 02, 2026

The Future of Financial Fraud: The Sophistication of Common Scams

Americans lost $12.5 billion to fraud in 2024 — a staggering 25% increase from 2023. This increase comes despite the number of consumer fraud incidents staying relatively flat year-over-year since...

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Events

Mar

National Community Investment Conference

Multi-day event, March 23 – 26 External

Sponsored by the Federal Reserve Banks of San Francisco, St. Louis, Richmond, Philadelphia, New York, Minneapolis, Kansas City, Dallas, Cleveland, Chicago, Boston, and Atlanta, Fed Communities, and the Board of Governors of the Federal Reserve System.

Apr

Investment Connection - Nebraska

11:30 a.m. – 1:45 p.m. , CST 2201 Farnam Street

Presentations on eight new and existing community and economic development proposals from across Nebraska will be shared.

Apr

2026 Women in Banking Forum

8:00 a.m. – 3:15 p.m. , CST External

Join other leaders in the financial services sector for the Federal Reserve Bank of Kansas City’s Women in Banking Forum. This event is designed to bring together mid- to senior-level leaders in the financial services industry and will include industry, leadership and professional development content to enhance your careers and networks.

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About the Kansas City Fed

The Federal Reserve Bank of Kansas City is one of 12 regional Reserve Banks that, along with the Board of Governors in Washington, D.C., make up our nation's central bank.

Our Mission