Federal Reserve: FEDS Notes | Natural Disasters and the Measurement of Industrial Production: Hurricane Harvey, a Case Study
Kimberly Bayard, Ryan Decker, and Charles Gilbert The Federal Reserve’s G.17 release on industrial production (IP) and capacity utilization published on September 15, 2017, included one of the first estimates of the impact on a specific measure of economic activity by Hurricane Harvey, which made landfall in Texas on August 25. As reported in the…
FDIC: 7th Annual Consumer Research Symposium Held in Arlington, Virginia on October 13th
The Federal Deposit Insurance Corporation (FDIC) will sponsor the 7th Annual Consumer Research Symposium on October 13, 2017. The conference will feature welcoming remarks by FDIC Chairman Martin J. Gruenberg, presentations of selected research papers, and a Keynote Address by Dr. Christopher Herbert, Managing Director of the Joint Center for Housing Studies of Harvard University….
CDFI Fund: Updated Program Eligibility Release for 2011-2015 American Community Survey Census Bureau Data
The Department of Treasury’s Community Development Financial Institutions Fund (CDFI Fund) has established a plan for releasing updated program eligibility information based upon Census Bureau data from the 2011-2015 American Community Survey (ACS). Eligibility requirements for the Bank Enterprise Award Program (BEA Program), Community Development Financial Institutions Program (CDFI Program), Native American CDFI Assistance Program…
ABA: Survey Shows Americans Trust Banks Most to Keep Their Payments Safe
25 percent of consumers have used mobile app to make a payment WASHINGTON —Nearly 6 in 10 Americans —59 percent— trust banks most to keep their payments safe, according to a new survey conducted by Morning Consult for the American Bankers Association. Only 12 percent of consumers trust alternative payment providers, such as Apple, PayPal…
FDIC: 2017 Results of Summary of Deposits Survey Released
The Federal Deposit Insurance Corporation (FDIC) today released the results of its annual survey of branch office deposits for all FDIC-insured institutions. The latest data are as of June 30, 2017. The FDIC’s Summary of Deposits (SOD) provides deposit totals for each of the more than 89,000 domestic offices operated by more than 5,700 FDIC-insured…
Census Bureau: 2015 Statistics On U.S. Businesses Released
Today the U.S. Census Bureau released the 2015 Statistics of U.S. Businesses data tables by establishment industry. This release includes single-year estimates of the number of firms, number of establishments, employment and annual payroll. Data are presented by state, industry and enterprise employment size. No news release associated with this product. Tip Sheet only.
Census Bureau: 2016 Annual Survey Of Public Employment And Payroll Released
The 2016 Annual Survey of Public Employment and Payroll statistics provide a comprehensive look at the employment of the nation’s state and local governments. The survey provides state and local government data on full- and part-time employment, part-time hours worked, full-time equivalent employment, and payroll statistics by governmental function. Public employment and payroll data are…
FHFA: Index Shows Mortgage Rates Increased in August 2017
Nationally, interest rates on conventional purchase-money mortgages increased from July to August, according to several indices of new mortgage contracts. The National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders Index was 4.05 percent for loans closed in late August, up 6 basis points from 3.99 percent in July….
Federal Reserve: FEDS Notes | Are Rising Home Values Restraining Homebuying For Lower-Income Families?
Neil Bhutta, Steven Laufer, and Daniel R. Ringo1 Since bottoming out in 2012, house prices in the U.S. have been recovering rapidly. According to Zillow, the median home value has been growing about 6 percent per year. While incomes have also been recovering, they have not quite kept pace with home prices. The median household…