Federal Reserve Bank of Kansas City

Over the past 3 years, electricity demand in the U.S. has grown on average 1.3% per year—more than twice the average rate during 2010–19. This surge is expected to continue, with the projected average growth rate for power demand exceeding rates seen in the 2 decades before the Great Recession. The boom in data centers appears to be an important factor in driving commercial power demand. This signals that the U.S. economy is likely to become more electricity-intensive. The complete research article by Nida Cakir Melek and Alex Gallin is available here: https://bit.ly/4eNtieQ

Last week we released a new Community Banking Bulletin Highlight. This analysis reviews the unrealized gain or loss position of the securities portfolios of community banks: https://bit.ly/4027XtJ

#Oklahoma saw a surge of new residents in 2023. The state also has gained more residents with bachelor’s or advanced degrees than it lost, reversing a worrisome trend from the 2010s. https://bit.ly/3U9YQoa

Wishing a joyful holiday season to you and yours, from the Federal Reserve Bank of Kansas City.

How does new small business lending in 2024 compare to 2023 so far? Read our latest Small Business Lending Survey to find out: https://bit.ly/3Dp6e97

The Policy Summit, Federal Reserve Bank of Cleveland's largest conference, is returning in-person and online June 26-27, 2025. This two-day community development event is dedicated to best practices, policies, and programs affecting lower-income communities across the U.S. Join other community practitioners, policymakers, researchers, funders, bankers, and students to: • build relationships with peers across the country • access timely research and best practices at the local, state, and federal levels • learn how to design and implement impactful programs and strategies You can stay tuned for more information and updates about this event at clefed.org/4ewwPxS. #PolicySummit2025 #CommunityDevelopment #CityPlanning #LaborMarket #Housing #EconomicInclusion #Policy #EconomicDevelopment #EconomicMobility #CommunityDevelopmentConference

Recently, community bank merger activity has slowed. Our Community Banking Bulletin examines the contributing factors and general trends in bank mergers: https://bit.ly/41A1ZBx #FederalReserve #Banks #Banking #CommunityBanks #MergersAcquisitions #Finance

Industry outlooks, economic updates and Fed history are just a few of the topics covered in speeches from Kansas City Fed leaders. You can read our latest speeches, as well as search our speech archive by topic, here: https://bit.ly/3oujCND

As the Federal Reserve has worked to bring down inflation, borrowing costs have increased for a range of consumer financial products, including credit cards. Jordan Pandolfo, economist at the Kansas City Fed, examined whether the consumer credit market is showing signs of financial stress. Read the article here: https://lnkd.in/ebxiDwe6

This week we were proud to partner with the KC STEM Alliance and welcome nearly 100 local middle school girls from the Independence School District to our office to learn about career options in tech. The students' visit included coding exercises and opportunities to hear from and talk to female tech employees. #GirlsInTech #csedweek #computerscienceeducationweek #GirlsInStem #TechCareers #STEMcareers #ComputerScience