Economy in Western US Is Improving, Report Says

Workers with the San Francisco Department of Public Works repave a section of 24th Avenue in San Francisco, Calif., on April 8, 2021. Justin Sullivan/Getty Images

Commentary

The Federal Reserve Bank of San Francisco (SF Fed) on April 14 reported ongoing demand in residential real estate, some tapering in mortgage refinance activity, and hiring of furloughed workers in the hospitality industries where health restrictions have been relaxed.