- Do you own a small business? We’d love your input.
To gain a better understanding of small business conditions and access to credit, researchers at the Cleveland, New York, Philadelphia, and Atlanta Feds are conducting an online survey of small business owners during September and October 2014. Survey questions cover several areas, including firm performance and challenges, financing and credit, employment skills needs, and demographic information. Owners of businesses with fewer than 500 employees are encouraged to participate in the survey. All responses are confidential, and aggregate results will be published later this year. Please click here to take the 10-minute survey.
- One portal. Thirteen Federal Reserve sites. Hundreds of community development resources.
A recently launched portal now gives you access to community development resources from all 12 Federal Reserve Banks and the Board of Governors. FedCommunities.org has a range of resources on community development topics organized into four general focus areas—people, place, the practice of community development, and small business. The Fed’s work in these areas helps to address barriers to economic growth and promote fair and informed access to financial markets. While you’re there, check out Federal Reserve Community Development Perspectives. This report highlights the Fed’s recent community development efforts and if you’ve ever wondered why the Federal Reserve is engaged in community development, you should read this report.Read more
- Education Joins the Ranks of Top Concerns Facing CommunitiesIn the fifth administering of the Federal Reserve Bank of Cleveland's community issues survey, we received responses from 184 stakeholders across the Fourth District, whom we had asked in January 2014 to comment on current and emerging issues facing their communities. This report summarizes our analysis of respondents' input. For the first time, education joined the perennial top current concerns of jobs and vacant properties, while the top emerging concerns continue to revolve around jobs and government budgetary cuts. Read more
- Did you miss our "Getting Back in Gear" event? We’ve got your back.On March 11 the Cleveland Fed hosted a day-long program on stalled and vacant foreclosures, an onerous problem for a growing number of municipalities nationwide. These “zombie” foreclosures pose challenges for communities, servicers, courts, and policymakers alike. What factors are contributing to this tangled problem? How can we learn from cities that have dealt with this issue? Learn more by watching the videos from our livestreaming. You can also check out speakers’ presentations here. Read more
- The Prospects of Non-College-Bound Workers in the Fourth DistrictThis issue of A Look Behind the Numbers describes the changing patterns of employment, wages, and education in metropolitan areas of the Fourth Federal Reserve District, with a specific focus on young workers without a college degree. We find that the top 30 percent of young high-school-degreed workers earn more than almost a third of young workers with a bachelor's degree. However, the share of low-skill jobs paying relatively high wages—those in construction, production, and installation & repair—has declined since 2006. Read more