We look at credit conditions, including access to credit, and the general health of businesses in the district.
Community partnerships are essential for local responsiveness during a crisis. Just one such Pittsburgh partnership led to saving more than 100 jobs and securing more than $1.3 million in PPP funds. Read More
Through investment in its community, one organization is helping its business district remain a local economic driver—even during a pandemic. Read More
The Federal Reserve Banks’ Small Business Credit Survey 2020 Report on Employer Firms examines findings of a national survey of small business owners fielded in late 2019. As policymakers implement programs to help small businesses weather the effects of the COVID-19 outbreak, this report provides important baseline data on small firms’ performance, financing positions, and relationships with lending institutions prior to the onset of the crisis. Read More
The headwinds are fierce, but manufacturing is humming in the heartland. This three-part series explores the booms and busts; the opportunities available for workers, including those without four-year degrees; and the ways that people, companies, and communities are responding—and can respond—to changes and challenges. Read more
The information available to prospective borrowers on small business online lender websites varies widely, and it is not unusual for lenders to detail terms in footnotes, fine print, or frequently asked questions (FAQs). Read more.