Daniel Davis talks about the importance of understanding the economies of small towns and rural areas. He also discusses the work that the Federal Reserve Bank of Richmond has done to examine these economies and connect with community leaders, including the recent launch of the Richmond Fed's Center for Rural Economies and Investing in Rural America webinar series. Davis is group vice president for regional economics at the Richmond Fed and director of the center. Full transcript and related links: https://www.richmondfed.org/podcasts/speaking_of_the_economy/2025/speaking_2025_11_12_rural_center
-------- Â
13:41
--------
13:41
What Businesses Are Saying
Andy Bauer, Renee Haltom, and Matt Martin share what they are hearing about economic conditions from their business contacts in the Fifth District. They also discuss variations in conditions by sector and region as well as how businesses currently view labor markets and price levels. Bauer, Haltom, and Martin are regional executives at the Federal Reserve Bank of Richmond. Full transcript and related links: https://www.richmondfed.org/podcasts/speaking_of_the_economy/2025/speaking_2025_11_05_what_biz_are_saying
-------- Â
19:53
--------
19:53
Taking Stock of Community Development Financial Institutions
Surekha Carpenter and Taylor Pessin share their initial learnings about community development financial institutions that responded to the 2025 CDFI Survey, which is conducted every other year by the Federal Reserve. Carpenter is a senior research analyst and Pessin is an intermediate research analyst, both on the Regional and Community Analysis team at the Federal Reserve Bank of Richmond. Full transcript and related links: https://www.richmondfed.org/podcasts/speaking_of_the_economy/2025/speaking_2025_10_22_cdfi_survey
-------- Â
13:38
--------
13:38
Stocking Up: What Inventory Levels Say About the Economy
Thomas Lubik discusses how inventories are tracked at the firm and aggregate levels and what fluctuations in these levels over time tell us about the health of the overall economy. Lubik is a senior advisor at the Federal Reserve Bank of Richmond. Full transcript and related links: https://www.richmondfed.org/podcasts/speaking_of_the_economy/2025/speaking_2025_10_15_inventories
-------- Â
12:42
--------
12:42
Regional Differences in the Impact of Federal Transfer Payments
Bethany Greene describes the flow of federal funds into Fifth District communities as transfer payments, from healthcare and Social Security benefits to unemployment insurance payments. In particular, she discusses regional variances in communities' reliance on this funding, especially those in rural areas. Greene is a regional economist at the Charlotte branch of the Federal Reserve Bank of Richmond. Full transcript and related links: https://www.richmondfed.org/podcasts/speaking_of_the_economy/2025/speaking_2025_10_08_federal_transfer_payments
Speaking of the Economy is the podcast of the Federal Reserve Bank of Richmond. In each episode, we'll hear from the Richmond Fed's economists and other experts at the Bank and in the communities we serve about the economic issues they are exploring.