Dive into the Business Outlook and Trends Survey (BOTS)

The regional analysis group at the Cleveland Fed monitors the economy across the Fourth Federal Reserve District, which includes Ohio, eastern Kentucky, western Pennsylvania, and the northern panhandle of West Virginia. One important tool the group uses to keep tabs on economic developments across this region is the Business Outlook and Trends Survey (BOTS). Join us for a conversation about the BOTS and the key role it plays in illuminating economic trends across the Fourth District. The BOTS is distributed by partner organizations twice a year and gathers data from a diverse range of businesses in the Fourth District on topics such as Labor markets Prices Demand for regional goods and services The data collected through the BOTS potentially provide insights into economic changes before they show up in published data, helping businesses understand why and how trends may be occurring. The survey also informs the Federal Reserve's monetary policy decisions, ensuring that the unique needs and conditions of the Fourth District are considered in the broader context of national economic policy. Speakers will take audience questions following the presentation. Speakers Julianne Dunn, regional executive, Federal Reserve Bank of Cleveland's Cincinnati Branch Brooke Dirtzu, economic analyst, Federal Reserve Bank of Cleveland Carol Moseley, research analyst, Federal Reserve Bank of Cleveland Brandon Mendoza, president and CEO, Erie Regional Chamber and Growth Partnership Moderator Russell Mills, regional executive, Federal Reserve Bank of Cleveland's Pittsburgh Branch