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Harvesting Opportunity: The Power of Regional Food System Investments to Transform Communities

Registration

Registration is closed.

When & Where

Monday, September 18, 2017
9:00 am – 4:00 pm EST

Burr Oak Lodge & Conference Center
10660 Burr Oak Lodge Rd
Glouster, OH 45732

Contact

Questions? Email Bonnie Blankenship

Regional Food Systems: Economic Opportunity through Entrepreneurship is a rollout event for a Federal Reserve System publication, Harvesting Opportunity: The Power of Regional Food System Investments to Transform Communities to be held on September 18, 2017, at Burr Oak State Park, 10660 Burr Oak Lodge Rd, Glouster, OH 45732. Forum participants will discuss how communities use regional food strategies to advance their economic and other community goals, including models for collaboration between policymakers, practitioners, and the financial community. Participants will also explore unanswered research, policy, and resource gaps that, if addressed, might contribute to the advancement and success of regional food systems strategies.

The convening will be hosted by the Federal Reserve Banks of Cleveland and Richmond in partnership with ACEnet and the Central Appalachian Network (CAN). This forum will coincide with the publication of Harvesting Opportunity: The Power of Regional Food System Investments to Transform Communities, a book that focuses on regional food systems as a means for enhancing economic opportunity.

Headlines

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    Pawel Krolikowski Kristoph Naggert

    Vehicle production has fallen since the beginning of the pandemic recession. We investigate reasons for this decline. Manufacturers in this industry cite insufficient materials, including a lack of semiconductors, as increasingly responsible. Demand seems to be less of an issue. In fact, demand has been strong, and together with accelerating prices and sharply declining inventories, it suggests an insufficient supply of new cars. Our best guess is that the materials shortages and their effects on new car prices will subside within the next six to nine months. Read More

  • Why Has Durable Goods Spending Been So Strong during the COVID-19 Pandemic?

    Kristen Tauber Willem Van Zandweghe

    Consumers increased their purchases of durable goods notably during the COVID-19 pandemic. The pandemic may have lifted the demand for durable goods directly, by shifting consumer preferences away from services toward a variety of durable goods. It may also have stimulated spending on durable goods indirectly, by prompting a strong fiscal policy response that raised disposable income. We estimate the historical relationship between durable goods spending and income and find that income gains in 2020 accounted for about half of the increase in durable goods spending, indicating that the direct and indirect effects of the pandemic on durable goods spending were about equally important. Read More

  • Why Wasn’t there a Nonbank Mortgage Servicer Liquidity Crisis?

    Lara Loewenstein

    In March 2020, in the early days of the COVID-19 pandemic, many were concerned about the liquidity of nonbank mortgage servicers. As it turned out, the vast majority of these servicers did not face a liquidity crisis. In this Commentary I detail the reasons why, including lower than expected take up rates of forbearance, the role played by mortgage origination income, and the actions taken by the government-sponsored enterprises, Ginnie Mae, and housing agencies. Read More

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