Economic Development

Census Bureau: Idaho is Nation’s Fastest-Growing State

Idaho was the nation’s fastest-growing state over the last year. Its population increased 2.2 percent to 1.7 million from July 1, 2016, to July 1, 2017, according to the U.S. Census Bureau’s national and state population estimates released today.   Following Idaho for the largest percentage increases in population were: Nevada (2.0 percent), Utah (1.9…

FDIC: History of the Agency’s Response to the Financial Crisis Publication Released

The Federal Deposit Insurance Corporation (FDIC) on Monday released a history of the financial crisis focusing on the agency’s response and lessons learned from its experience. Crisis and Response: An FDIC History, 2008–2013 reviews the experience of the FDIC during a period in which the agency was confronted with two interconnected and overlapping crises—first, the…

HUD: $75 Million Awarded to Help Low-Income Residents Receive Job Training and Employment

HUD Marks 25 Years of Helping Families Become Self-Sufficiency WASHINGTON – Twenty-five years ago this year, the U.S. Department of Housing and Urban Development (HUD) launched a program to help households living in assisted housing to become self-sufficient.  Today, HUD marked the 25th anniversary of the Family Self-Sufficiency Program (FSS) by awarding $75 million to continue…

Federal Reserve: Speech – Workforce Development in Today’s Economy

Governor Lael Brainard At “Leading the Way: A Workforce Development Video Campaign” awards ceremony hosted by the Federal Reserve Bank of New York and Pathways in Technology Early College High Schools in the Greater Rochester Area, Rochester, N.Y. I would like to thank the staff at the Federal Reserve Bank of New York for inviting…

CFPB: Preparing America’s Young Workers for Success

The success of America’s young workers is critical to the strength of our economy. Millions of young people enter the workforce every year. Youth employment programs offered in local communities present a powerful opportunity to help young people develop healthy financial habits early and access services and products that can help them save, invest, and…

FEMA: Progress Update on Hurricanes Irma and Maria in the U.S. Virgin Islands

After Hurricane Irma devastated much of St. Thomas and St. John three months ago, St. Croix became a base of operations for first responders, who began life-saving and life-sustaining missions to support survivors. But within two weeks, fierce winds and torrential rains from Hurricane Maria struck St. Croix, devastating even more infrastructure and services. Hurricane…