Unexpected Shocks and the US Economy — April 27, 2026

Rural America's Ace in the Hole — June 8, 2026

Join Antony Davies, director of economic research at CFC, as he explains how conditions in each state are affecting population size and potential economic growth.   Sources: * GDP (Second Estimate) and Corporate Profits, 1st Quarter 2026 [https://www.bea.gov/news/2026/gdp-second-estimate-and-corporate-profits-1st-quarter-2026] * Population Decline in the US by State [https://nchstats.com/population-decline-in-the-us/] * 2024: PUB Public Sector Annual Surveys and Census of Governments [https://data.census.gov/table/GOVSTIMESERIES.GS00LF01?q=Local+Government+Finances&g=010XX00US,$0400000&nkd=AGG_DESC~LF0089,GOVTYPE~001,time~2023&tableFilters=GEO_ID~VALUES(0400000US01:0400000US02:0400000US04:0400000US05:0400000US06:0400000US08:0400000US09:0400000US10:0400000US12:0400000US13:0400000US15:0400000US16:0400000US17:0400000US18:0400000US19:0400000US20:0400000US21:0400000US22:0400000US23:0400000US24:0400000US25:0400000US26:0400000US27:0400000US28:0400000US29:0400000US30:0400000US31:0400000US32:0400000US33:0400000US34:0400000US35:0400000US36:0400000US37:0400000US38:0400000US39:0400000US40:0400000US41:0400000US42:0400000US44:0400000US45:0400000US46:0400000US47:0400000US48:0100000US:0400000US49:0400000US50:0400000US51:0400000US53:0400000US54:0400000US55:0400000US56)] * GDP by State [https://www.bea.gov/data/gdp/gdp-state] * Annual growth of real gross domestic product (GDP) of the United States in 2025, by state [https://www.statista.com/statistics/248058/percent-change-in-us-real-gross-domestic-product-gdp-by-state/?srsltid=AfmBOoqY7SH5sUSgPA6coKIzvVHCtX0Im5OtqRLcbdodeseKHavDyDXg] * SARPP Regional price parities by state [https://apps.bea.gov/itable/?ReqID=70&step=1&_gl=1*1fjy16i*_ga*NzY0ODk5NTIyLjE3Nzk1NTUyMDA.*_ga_J4698JNNFT*czE3Nzk1NTUyMDAkbzEkZzAkdDE3Nzk1NTUyMDAkajYwJGwwJGgw#eyJhcHBpZCI6NzAsInN0ZXBzIjpbMSwyOSwyNSwzMSwyNiwyNywzMF0sImRhdGEiOltbIlRhYmxlSWQiLCIxMDEiXSxbIk1ham9yX0FyZWEiLCIwIl0sWyJTdGF0ZSIsWyIwIl1dLFsiQXJlYSIsWyIwMTAwMCIsIjAyMDAwIiwiMDQwMDAiLCIwNTAwMCIsIjA2MDAwIiwiMDgwMDAiLCIwOTAwMCIsIjEwMDAwIiwiMTIwMDAiLCIxMzAwMCIsIjE1MDAwIiwiMTYwMDAiLCIxNzAwMCIsIjE4MDAwIiwiMTkwMDAiLCIyMDAwMCIsIjIxMDAwIiwiMjIwMDAiLCIyMzAwMCIsIjI0MDAwIiwiMjUwMDAiLCIyNjAwMCIsIjI3MDAwIiwiMjgwMDAiLCIyOTAwMCIsIjMwMDAwIiwiMzEwMDAiLCIzMjAwMCIsIjMzMDAwIiwiMzQwMDAiLCIzNTAwMCIsIjM2MDAwIiwiMzcwMDAiLCIzODAwMCIsIjM5MDAwIiwiNDAwMDAiLCI0MTAwMCIsIjQyMDAwIiwiNDQwMDAiLCI0NTAwMCIsIjQ2MDAwIiwiNDcwMDAiLCI0ODAwMCIsIjQ5MDAwIiwiNTAwMDAiLCI1MTAwMCIsIjUzMDAwIiwiNTQwMDAiLCI1NTAwMCIsIjU2MDAwIl1dLFsiU3RhdGlzdGljIixbIjEiXV0sWyJVbml0X29mX21lYXN1cmUiLCJMZXZlbHMiXSxbIlllYXIiLFsiMjAyNCIsIjIwMjMiXV0sWyJZZWFyQmVnaW4iLCItMSJdLFsiWWVhcl9FbmQiLCItMSJdXX0=] * Household Income in States and Metropolitan Areas: 2024 [https://www2.census.gov/library/publications/2025/demo/acsbr-025.pdf] * Small Area Income and Poverty Estimates (SAIPE) [https://www.census.gov/data-tools/demo/saipe/#/?s_state=01,02,04,05,06,08,09,10,12,13,15,16,17,18,19,20,21,22,23,24,25,26,27,28,29,30,31,32,33,34,35,36,37,38,39,40,41,42,44,45,46,47,48,49,50,51,53,54,55,56&s_county=&s_district=&s_geography=us] * Income inequality (Gini Coefficient) [https://statehealthcompare.shadac.org/map/82/income-inequality-gini-coefficient#download-data-button] * State and Local Government Finances by Level of Government: U.S. and States: 2017 - 2023 [https://data.census.gov/table/GOVSTIMESERIES.GS00LF01?q=Local+Government+Finances&g=010XX00US,$0400000&nkd=AGG_DESC~LF0230,GOVTYPE~001,time~2023&tableFilters=GEO_ID~VALUES(0400000US01:0400000US02:0400000US04:0400000US05:0400000US06:0400000US08:0400000US09:0400000US10:0400000US12:0400000US13:0400000US15:0400000US16:0400000US17:0400000US18:0400000US19:0400000US20:0400000US21:0400000US22:0400000US23:0400000US24:0400000US25:0400000US26:0400000US27:0400000US28:0400000US29:0400000US30:0400000US31:0400000US32:0400000US33:0400000US34:0400000US35:0400000US36:0400000US37:0400000US38:0400000US39:0400000US40:0400000US41:0400000US42:0400000US44:0400000US45:0400000US46:0400000US47:0400000US48:0100000US:0400000US49:0400000US50:0400000US51:0400000US53:0400000US54:0400000US55:0400000US56)] Contact the Economic & Market Watch team at economicresearch@nrucfc.coop [economicresearch@nrucfc.coop]. Visit us, download the dashboard and intelligence brief and explore other Solutions media on our website, nrucfc.coop/Solutions [https://www.nrucfc.coop/solutions].

Borrowing in a Higher-Rate World — June 1, 2026

Join CFC expert John Suter, vice president of economic research, as he looks at current rising bond yields, likely interest-rate trends and how CFC borrowers have coped with higher rates in the past. * Subscribe to the Economic & Market Watch podcast. [https://cfcsolutions.transistor.fm/subscribe] * Read the transcript of this episode. [https://cfcsolutions.transistor.fm/episodes/adjusting-borrowing-strategies-in-times-of-higher-rates-june-1-2026/transcript] Contact the Economic & Market Watch team at economicresearch@nrucfc.coop [economicresearch@nrucfc.coop]. Visit us, download the dashboard and explore other Solutions media on our website, nrucfc.coop/Solutions [https://www.nrucfc.coop/content/solutions/en/stories/economy/economic---market-watch.html].

Bonus: AI and the Economists

Join Economic & Market Watch producer Kathy Ryan for a bonus, behind-the-scenes look at how AI has changed the economic research team and the show in the past year.  Links: * Read Sam's article "Hormuz: Examining Hidden Risks to Rural America [https://www.nrucfc.coop/content/solutions/en/stories/economy/hormuz--examining-hidden-risks-to-rural-america.html]." * Subscribe to the Economic & Market Watch podcast. [https://cfcsolutions.transistor.fm/subscribe] * See the transcript of this episode. [https://cfcsolutions.transistor.fm/episodes/bonus-ai-and-the-economists/transcript] Contact the Economic & Market Watch team at economicresearch@nrucfc.coop [economicresearch@nrucfc.coop]. Visit us, download the dashboard and explore other Solutions media on our website, nrucfc.coop/Solutions [https://www.nrucfc.coop/content/solutions/en/stories/economy/economic---market-watch.html].

Living in Completely Different Economic Realities — May 18, 2026

Join Sam Kem, senior economic research analyst at CFC, as she identifies which economic indicators we should be looking at in a K-shaped economy. Learn more: * Read the New York Fed's "Same Shock, Different Roads? A K‑Shaped Pattern at the Pump [https://doi.org/10.59576/lse.20260506]."  * Listen to Antony Davies' episode, "Why Does Inflation Feel Worse Than the Numbers Tell Us? — May 11, 2026 [https://cfcsolutions.transistor.fm/episodes/why-does-inflation-feel-worse-than-the-numbers-tell-us-may-11-2026]." Contact the Economic & Market Watch team at economicresearch@nrucfc.coop [economicresearch@nrucfc.coop]. Visit us, download the dashboard and intelligence brief and explore other Solutions media on our website, nrucfc.coop/Solutions [https://www.nrucfc.coop/content/solutions/en/stories/economy/economic---market-watch.html].

Why Does Inflation Feel Worse Than the Numbers Tell Us? — May 11, 2026

Join Antony Davies, director of economic research at CFC, as he explains why what we feel doesn't match what we measure.  Sources: * Consumer Price Index for All Urban Consumers: All Items in U.S. City Average (CPIAUCSL) | FRED | St. Louis Fed [https://fred.stlouisfed.org/series/CPIAUCSL]  * Average Price: Coffee, 100%, Ground Roast, All Sizes (Cost per Pound/453.6 Grams) in U.S. City Average (APU0000717311) | FRED | St. Louis Fed [https://fred.stlouisfed.org/series/APU0000717311]  * Table 2. Consumer Price Index for All Urban Consumers (CPI-U): U. S. city average, by detailed expenditure category - 2026 M03 Results [https://www.bls.gov/news.release/cpi.t02.htm#cpipress2.f.3] * Average Retail Food and Energy Prices, U.S. and Midwest Region : Mid–Atlantic Information Office : U.S. Bureau of Labor Statistics [https://www.bls.gov/regions/mid-atlantic/data/averageretailfoodandenergyprices_usandmidwest_table.htm] * Average Retail Food and Energy Prices, U.S. City Average and South Region : Mid–Atlantic Information Office : U.S. Bureau of Labor Statistics [https://www.bls.gov/regions/mid-atlantic/data/averageretailfoodandenergyprices_usandsouth_table.htm] * Average Retail Food and Energy Prices, U.S. City Average and Northeast Region : Mid–Atlantic Information Office : U.S. Bureau of Labor Statistics [https://www.bls.gov/regions/mid-atlantic/data/averageretailfoodandenergyprices_usandnortheast_table.htm] Contact the Economic & Market Watch team at economicresearch@nrucfc.coop [economicresearch@nrucfc.coop]. Visit us, download the dashboard and intelligence brief and explore other Solutions media on our website, nrucfc.coop/Solutions [https://www.nrucfc.coop/solutions].