Census Bureau: Enhacements to the Census Address Geocoding Tool Now Available
The U.S. Census Bureau released the newly designed cloud-based Census Geocoder web application that allows for faster and more efficient processing times. This redesign features a more stable environment with scalable and quicker returns, and an enhanced user experience on desktops, tablets and mobile devices. The Census Geocoder is an address lookup tool that allows businesses, governments…
FHFA: Inaugural Mission Report for 2021 Issued on Economic Development and Affordable Housing Efforts
Inaugural report highlights regulated entities’ progress in supporting greater access to financing for targeted economic development and affordable, sustainable, and equitable housing The Federal Housing Finance Agency (FHFA) today released its inaugural Mission Report that describes the activities of Fannie Mae and Freddie Mac (the Enterprises) and the Federal Home Loan Banks (FHLBanks) in 2021…
ABA: Bank Economists Foresee Economic Soft Landing, But Downside Risks Challenge Outlook
The U.S. economy will continue to expand through 2024, but at a slower pace than its long-term potential, according to the latest forecast of the American Bankers Association’s Economic Advisory Committee. The economists also expect inflation to gradually slow toward the Federal Reserve’s objective of 2% over the next two years. The committee, made up…
Census Bureau: Household Pulse Survey Phase 3.5 Begins
The U.S. Census Bureau today announced the beginning of data collection for phase 3.5 of the experimental Household Pulse Survey (HPS). Phase 3.5 includes new questions on timing of positive COVID-19 testing, use of coronavirus treatments, the experience of long-COVID symptoms, amount of monthly rent and changes in monthly rent, children’s mental health and difficulty with self-care and…
FDIC: Summary of Deposits Survey and Filing for June 30, 2022 Begins
The Summary of Deposits (SOD) is the annual survey of branch office deposits as of June 30 for all FDIC-insured institutions, including insured U.S. branches of foreign banks. All institutions with branch offices are required to submit the survey; institutions with only a main office are exempt. All survey responses are required by July 31,…
FHFA: U.S. House Prices Rise 18.7 Percent over the Last Year; Up 4.6 Percent from the Fourth Quarter 2021
U.S. house prices rose 18.7 percent from the first quarter of 2021 to the first quarter of 2022 according to the Federal Housing Finance Agency House Price Index (FHFA HPI®). House prices were up 4.6 percent compared to the fourth quarter of 2021. FHFA’s seasonally adjusted monthly index for March was up 1.5 percent from February. “High appreciation rates continued across housing markets during…
CDFI Fund: Application Demand for FY 2022 Round of CDFI Program and NACA Program Released
The fiscal year (FY) 2022 application round for the Community Development Financial Institutions Fund’s (CDFI Fund) Community Development Financial Institutions Program (CDFI Program) and Native American CDFI Assistance Program (NACA Program) closed on April 12, 2022. In total, 719 organizations from across the country requested a combined level of $577.9 million in awards, which is…
HUD and Census Bureau: New Residential Sales Report for April 2022 Issued
The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new residential sales statistics for April 2022: New Home Sales Sales of new single‐family houses in April 2022 were at a seasonally adjusted annual rate of 591,000, according to estimates released jointly today by the U.S. Census…
FDIC: 2022 Risk Review Published Highlighting Emerging Risks in the Banking System
The Federal Deposit Insurance Corporation (FDIC) today published its 2022 Risk Review, a comprehensive summary of emerging risks in the U.S. banking system as observed in 2021. The 2022 Risk Review expands coverage of risks from prior reports by examining operational risk to banks from cyber threats and illicit activity, and climate-related financial risks faced by…
Census Bureau: Household Pulse Survey Phase 3.4 Monthly Data Released
The U.S. Census Bureau today released new data from phase 3.4 of the experimental Household Pulse Survey (HPS). Phase 3.4 includes a new question on receipt/intention to receive a COVID-19 vaccine booster; modifications to questions relating to children’s vaccinations that expand response options to include children’s age categories; modified reference periods for school enrollment and spending questions;…