Going forward, the EGIs are going to be released every three months. The next update, providing data through October 2023, will be on November 29, 2023. (September 25, 2023)
-
-
-
The Governance & Culture Reform hub is designed to foster discussion about corporate governance and the reform of culture and behavior in the financial services industry.
Need to file a report with the New York Fed? Here are all of the forms, instructions and other information related to regulatory and statistical reporting in one spot.
The New York Fed works to protect consumers as well as provides information and resources on how to avoid and report specific scams.
-
-
-
The New York Fed provides a wide range of payment services for financial institutions and the U.S. government.
The New York Fed offers the Central Banking Seminar and several specialized courses for central bankers and financial supervisors.
The New York Fed has been working with tri-party repo market participants to make changes to improve the resiliency of the market to financial stress.
-
-
-
We are connecting emerging solutions with funding in three areas—health, household financial stability, and climate—to improve life for underserved communities. Learn more by reading our strategy.
The Economic Inequality & Equitable Growth hub is a collection of research, analysis and convenings to help better understand economic inequality.
The Governance & Culture Reform hub is designed to foster discussion about corporate governance and the reform of culture and behavior in the financial services industry.
-
Equitable Growth Indicators (EGIs)
The Equitable Growth Indicators (EGIs) measure disparities in macroeconomic outcomes experienced by different demographic, economic, and geographic groups.
The EGIs provide insight into disparities across four economic outcomes—inflation, real and nominal earnings, employment, and real and nominal consumer spending. The demographic and economic groups include race/ethnicity, age, veteran status, education and income. The geographic groups include urban/rural status, U.S. census regions, majority minority areas and low-income areas.
Inflation is declining overall, as well as in the high-inflation categories of food and housing. Households headed by young people and the college-educated continue to experience higher inflation rates at 0.4 and 0.2 percentage point higher than the national average, respectively.
The gender earnings gap has appeared to stabilize around 20%, while the urban-rural gap continues to fall, with rural workers now earning roughly 22% less than their urban counterparts.
The labor force participation and employment gaps between men and women are at their lowest levels in more than four years. Men are now 11 percentage points more likely to participate in the labor force, while the unemployment gap remains very small.
Real retail spending of the young (age 25-34) continues to fall with a decline of nearly 60% between March and June 2023, while other groups have begun to recover since bottoming out in May 2023.
DOWNLOAD CONSUMER SPENDING REPORT
About the Data
The EGIs are calculated using the Consumer Expenditure Survey microdata from the Bureau of Labor Statistics (BLS); National and Regional Consumer Price Indexes from the BLS; Current Population Survey microdata from the BLS; American Community Survey microdata from the U.S. Census Bureau; and consumer spending data from Commerce Signals, a TransUnion company.
How to cite this data:
Federal Reserve Bank of New York, Equitable Growth Indicators, https:// www.newyorkfed.org/research/equitable-growth-indicators.
Related Reading
Economic Inequality: A Research Series
The EGIs: Analyzing the Economy Through an Equitable Growth Lens
Why Are Some Places So Much More Unequal Than Others?
Understanding the Linkages between Climate Change and Inequality in the United States
Disclaimer
The Equitable Growth Indicators are not official estimates of the Federal Reserve Bank of New York, its President, the Federal Reserve System, or the Federal Open Market Committee.
2023 Release Dates
The EGIs will be released every three months at or shortly after 10 a.m. on:
May 25
July 6
Aug 2
Nov 29
2024
Feb 28
June 5
Sept 5
Dec 4
How to cite this data:
Federal Reserve Bank of New York, Equitable Growth Indicators, https:// www.newyorkfed.org/research/equitable-growth-indicators.
Related Reading
Economic Inequality: A Research Series
The EGIs: Analyzing the Economy Through an Equitable Growth Lens
Why Are Some Places So Much More Unequal Than Others?
Understanding the Linkages between Climate Change and Inequality in the United States
Disclaimer
The Equitable Growth Indicators are not official estimates of the Federal Reserve Bank of New York, its President, the Federal Reserve System, or the Federal Open Market Committee.
About the EGIs
Economic analysis often focuses on understanding the average effects of a policy or program. However, it is vital to understand how macroeconomic trends vary across geographic, demographic, and socioeconomic boundaries. Analysis of the New York Fed EGIs helps bring a deeper understanding of equitable growth considerations to policymaking, research,
and practice.
We update the EGIs every three months at or shortly after 10 a.m. on the dates posted toward the bottom of this page.
The EGIs are not official estimates of the Federal Reserve Bank of New York, its President, the Federal Reserve System, or the Federal Open Market Committee.
and practice.
We update the EGIs every three months at or shortly after 10 a.m. on the dates posted toward the bottom of this page.
The EGIs are not official estimates of the Federal Reserve Bank of New York, its President, the Federal Reserve System, or the Federal Open Market Committee.
Related New York Fed Content
Meet the Economists
By continuing to use our site, you agree to our Terms of Use and Privacy Statement. You can learn more about how we use cookies by reviewing our Privacy Statement. 
