We look at credit conditions, including access to credit, and the general health of businesses in the district.
The 2017 SBCS provides insights on business conditions and access to financing for nonemployer firms—those with no employees other than the owner(s). Findings show these firms often rely on their owners' personal finances to secure credit, address financial challenges, and fund their business operations. Read more.
After nine months of the first meaningful employment gains in five years, employment growth in the Pittsburgh metro area stalled in the final quarter of 2017. And though the unemployment rate fell in the first half of 2018, it fell for the wrong reason. Read More
The Lexington metro area’s unemployment rate remained low as of June 2018, and employment grew during 2017. However, per capita consumer debt levels and credit card delinquency rates have ticked up in recent quarters. Read More
Whether measured by proximity or commute time, data show that for the average transit rider, jobs are increasingly out of reach. Cleveland Fed researchers explored one solution for improving job access. Here’s your ticket to ride. Read More
While locating in an urban area helps, many small and midsize manufacturers still struggle to find suitable employees. What other barriers do they face, and how can local leaders and service providers help? Find out. Read More