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 […]

Census Bureau: New Statistics Available from the 2016-2020 American Community Survey

Today the U.S. Census Bureau released new statistics from the 2016–2020 American Community Survey (ACS) 5-year estimates. Following pandemic-related data collection disruptions, the Census Bureau revised its methodology to reduce nonresponse bias in data collected in 2020. After evaluating the effectiveness of this methodology, the Census Bureau determined the standard, full suite of 2016–2020 ACS 5-year data […]

Census Bureau: New Educational Attainment Data Released

Today, the U.S. Census Bureau released findings from the Educational Attainment in the United States: 2021 table package that use statistics from the Current Population Survey’s Annual Social and Economic Supplement to examine the educational attainment of adults age 25 and older by demographic and social characteristics, such as age, sex, race and nativity.  […]

Census Bureau: 2020 County Business Patterns ‘First Look’ Data Now Available

The U.S. Census Bureau today released the 2020 County Business Patterns (CBP) First Look data table. This preliminary tabulation includes the number of establishments; employment for the week of March 12, 2020; first quarter payroll; and annual payroll at the NAICS sector level (i.e., 2-digit NAICS) for the nation. The final CBP […]

Census Bureau: 2016-2020 American Community Survey 5-Year Estimates Update

On March 17, the U.S. Census Bureau will release the standard, full suite of 2016–2020 American Community Survey (ACS) 5-year data products—down to the block group level. Following pandemic-related data collection disruptions, the Census Bureau revised its methodology to reduce nonresponse bias in data collected in 2020. After evaluating the effectiveness of this methodology, the Census Bureau determined the resulting […]

Federal Reserve: Household Survey Shows Sustained Rise in Reported and Expected Spending Growth

The Federal Reserve Bank of New York’s Center for Microeconomic Data today released the December 2021 Survey of Consumer Expectations (SCE) Household Spending Survey, which provides information on individuals’ experiences and expectations regarding household spending. The survey shows a continued rise in monthly household spending growth, with spending growth moving well […]

Census Bureau: New Vintage 2021 Population Estimates Available for the Nation, States and Puerto Rico

According to the U.S. Census Bureau’s Vintage 2021 national and state population estimates and components of change released today, the population of the United States grew in the past year by 392,665, or 0.1%, the lowest rate since the nation’s founding. The slow rate of growth can be attributed to decreased net […]

Census Bureau: 2020 American Community Survey 5-Year Data Pushed to March 2022

In November, the U.S. Census Bureau announced it would delay the release of the 2016-2020 American Community Survey (ACS) 5-year data, originally scheduled for December 2021, due to the impacts of COVID-19 on data collection. We continue to make progress towards a mid- to late-March 2022 data product release.   Since November, we have refined our methodology to reduce the impact of the nonresponse bias due to the COVID-19 pandemic. The methodology improves the 2020 data input by comparing characteristics […]