HUD and Census Bureau: New Residential Sales Report for September 2021 Released
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 September 2021: New Home Sales Sales of new single-family houses in September 2021 were at a seasonally adjusted annual rate of 800,000. This is 14.0 percent (±17.9 percent)* above the revised August…
SBA: New Women’s Business Center in Rochester, New York Announced
The new resource hub will increase access to opportunities and recovery solutions for women entrepreneurs in Upstate New York. The U.S. Small Business Administration Administrator Isabella Casillas Guzman announced today the launch of a new Women’s Business Center (WBC) in Rochester, NY, which will be operated by the Urban League of Rochester, N.Y., Inc. (ULR). The new…
SBA: National Veterans Small Business Week Scheduled for November 1st through 5th
Events will highlight the Agency’s efforts to support the Nation’s Nearly 1.8 million veteran-owned small businesses through its 22 Veterans Business Outreach Centers The U.S. Small Business Administration will celebrate the entrepreneurial spirit and resilience of our veteran small business owners during National Veterans Small Business Week, Nov. 1-5, 2021. “National Veterans Small Business Week is a time…
FHFA: House Price Index Up 1.0 Percent in August 2021; Up 18.5 Percent from Last Year
House prices rose nationwide in August, up 1.0 percent from the previous month, according to the latest Federal Housing Finance Agency House Price Index (FHFA HPI®). House prices rose 18.5 percent from August 2020 to August 2021. The previously reported 1.4 percent price change for July 2021 remained unchanged. For the nine census divisions, seasonally adjusted monthly house price changes from…
EDA: $13.5 Million Announced to Support U.S. Manufacturers
Today, U.S. Secretary of Commerce Gina M. Raimondo announced $13.5 million in U.S. Economic Development Administration (EDA) grants to support 11 Trade Adjustment Assistance Centers (TAACs) that help manufacturers affected by imports adjust to increasing global competition and to create jobs. The TAACs, which each service multiple states, are located in California, Colorado, Georgia, Illinois,…
FEMA: President Biden Approves Major Disaster Declaration for Delaware
FEMA announced today that federal disaster assistance has been made available to the state of Delaware to supplement state and local recovery efforts in the areas affected by remnants of Hurricane Ida, Sept. 1-7, 2021. Federal funding is available to state and eligible local governments and certain private nonprofit organizations on a cost-sharing basis for…
SBA: Hurricane Ida Assistance Has Exceeded $1 Billion
SBA Disaster Relief is Reaching Small Businesses, Homeowners, Renters, and Nonprofits Across Seven Impacted States U.S. Small Business Administration Administrator Isabella Casillas Guzman announced today that the agency has delivered more than $1 billion in disaster rescue funds to small businesses, homeowners, renters, and private nonprofit organizations recovering from damages caused by Hurricane Ida in September….
FDIC: FDITECH Selects Three Teams in Sprint to Help Banks Measure and Test Resiliency
The Federal Deposit Insurance Corporation (FDIC) today announced the selection of three teams in a ‘sprint’ designed to explore new technologies and techniques to help community banks, and the banking sector as a whole, evaluate how well they can withstand a major disruption of any type. The sprint’s evaluation panel selected the following organizations as…
Federal Reserve: Series of Diversity and Inclusion Conferences Announced for November
The Federal Reserve Board announced on Monday that it will host a series of diversity and inclusion conferences in November focused on the experiences that underrepresented groups have as they participate in the economy, the economics profession, central banking, and finance. Federal Reserve Board Chair Jerome H. Powell will provide opening remarks at each event….
ABA: National Survey Shows that Bank Customers Turn to Mobile Apps More Than Any Other Channel to Manage Their Accounts
COVID-19 accelerated move toward digital banking channels Consumers are conducting their banking via mobile apps more often than any other method, according to a new survey conducted by Morning Consult on behalf of the American Bankers Association. The national survey found bank customers preferred mobile apps both prior to and following the onset of the…