The Federal Reserve Bank of San Francisco

Presentation to the Financial Women's Association of San Francisco
San Francisco, California

What's Happening in the 12th District?
FedViews
Posted October 15, 2012
We expect the economy to grow moderately for the remainder of 2012 and over the following two years. Taking into account incoming data and the additional monetary stimulus, we anticipate that gross domestic product will expand about 2.5% in 2013 and 3.3% in 2014.
Is China Due for a Slowdown?
Posted October 15, 2012
China may escape a predicted economic slowdown because of its uneven development. While analysis suggests growth in China's more developed provinces may slow to 5.5% by the end of the decade, growth in less-developed provinces is expected to be 7.5%.
Beige Book
Posted October 11, 2012
Additional monetary stimulus is expected to support a stronger recovery, boosting GDP growth to about 2.5% in 2013 and about 3.3% in 2014.

Posted October 10, 2012
In September 2012 the Tech Pulse Index grew at an annualized rate of -8.7%, compared to its 15.7% historical average. The Tech Pulse Index grew 0.1% over the past 12 months.

Posted October 9, 2012
The Fed remains a key player in the check business, but the check processing business has changed dramatically due to changes in legislation, technology and competition.