Thursday - October 23, 2025
Federal Reserve Bank of Richmond: 'The Past and Future of U.S. Structural Change: Compositional Accounting and Forecasting'
October 13, 2025
RICHMOND, Virginia, Oct. 13 (TNSLrpt) -- The Federal Reserve Bank of Richmond issued the following white paper (No. 25-08) in October 2025 by Andrew Foerster, Andreas Hornstein, Pierre-Daniel G. Sarte and Mark W. Watson entitled "The Past and Future of U.S. Structural Change: Compositional Accounting and Forecasting."

Here are excerpts:

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We explore the evolving significance of different production sectors within the U.S. economy since World W . . .

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