Census Bureau: Household Pulse Survey Phase 2 Biweekly Data Released
The U.S. Census Bureau today released new data from the second phase of the experimental Household Pulse Survey. The Household Pulse Survey is the result of an effort by the Census Bureau and other federal statistical agencies to document temporal trends in how individuals are experiencing business curtailment and closures, stay-at-home orders, school closures, changes in the…
OCC: New Report Shows Mortgage Performance Decline in Second Quarter 2020
The Office of the Comptroller of the Currency (OCC) reported the performance of first-lien mortgages in the federal banking system declined during the second quarter of 2020. The OCC Mortgage Metrics Report, Second Quarter 2020 showed 91.1 percent of mortgages included in the report were current and performing at the end of the quarter, compared to 96.1…
HUD: Over $500,000 in CARES Act Funds Awarded to 15 State and Local Fair Housing Organizations
The Department of Housing and Urban Development today announced over half a million dollars in additional funding to HUD Fair Housing Assistance Program (FHAP) agencies in 12 states to support activities related to COVID-19. These awards are part of $1.5 million in Partnership and Special Enforcement Effort funds provided through the Coronavirus Aid, Relief, and…
Census Bureau: Data Challenge Expo Highlights Creative Use of Census Bureau Data in COVID-19 Response
The U.S. Census Bureau is partnering with the American Statistical Association (ASA) for the Annual Data Challenge Expo. Contestants are challenged to analyze the 2019 American Community Survey (ACS) 1-year estimates using statistical and visualization tools and methods to present their findings at ASA’s Joint Statistical Meeting (JSM) in the summer of 2021. The contest is open to…
Federal Reserve: Report on the Economic Well-Being of U.S. Households Issued
Data collected to supplement the Federal Reserve Board’s seventh annual Survey of Household Economics and Decisionmaking showed that U.S. families were faring better financially in July than in April, but many still faced uncertainty regarding layoffs and prospects for returning to work. Recognizing the unprecedented financial disruptions caused by the COVID-19 pandemic, the Federal Reserve…
Federal Reserve: FAQs Updated to Clarify Board and Treasury’s Expectations Regarding Lending Underwriting for the Main Street Lending Program
The Federal Reserve Board on Friday updated its frequently asked questions (FAQs) to clarify the Board and Department of Treasury’s expectations regarding lender underwriting for the Main Street Lending Program. The revised FAQs emphasize that lender underwriting should look back to the borrower’s pre-pandemic condition and forward to their post-pandemic prospects. The FAQs also clarify…
Census Bureau: Small Business Pulse Survey Phase 2 Weekly Data Release
The U.S. Census Bureau today released new data from the second phase of the experimental Small Business Pulse Survey. Data collection began Aug. 9, 2020. Results will be released weekly starting Aug. 20 through Oct. 15, 2020. The second phase includes questions on the core concepts from the first phase of the survey, as well as…
EDA: Over $53 Million in CARES Act Funding Invested to Support Recovery from Coronavirus Pandemic
The U.S. Department of Commerce’s Economic Development (EDA) administration has awarded over $10 Million in CARES Act Funding to support economic development and economic recovery in response to the coronavirus pandemic. Investments include: September 11, 2020 – U.S. Department of Commerce Invests $68,250 in CARES Act Recovery Funds to Support Entrepreneurial Growth Efforts in West Michigan…
HUD: Nearly $2 Billion Awarded in CARES Act Relief Funds Focusing on Communities with Higher Risk of Eviction
United States Department of Housing and Urban Development Secretary Ben Carson today announced the allocation of the remaining $1.988 billion in CARES Act funding for the Community Development Block Grant (CDBG) program. The allocation focuses funds towards places with households facing higher risk of eviction. To date, HUD has provided nearly $5 billion in CDBG funding nationwide…
Census Bureau: Small Business Pulse Survey Phase 2 Weekly Data Released
The U.S. Census Bureau today released new data from the second phase of the experimental Small Business Pulse Survey. Data collection began Aug. 9, 2020. Results will be released weekly starting Aug. 20 through Oct. 15, 2020. The second phase includes questions on the core concepts from the first phase of the survey, as well as…