ProfitWise News and Views
Articles on economic development news and trends including small business lending, labor trends and tax incentives to assist underserved communities; consumer issues such as predatory lending, credit scoring and identity theft; regulatory compliance topics; and research activities relevant to community development. Also includes a calendar of events and district news. View Guidelines for Authors.
The material in ProfitWise News and Views is not necessarily endorsed by, and does not necessarily represent views of the Board of Governors of the Federal Reserve System or the Federal Reserve Bank of Chicago.
Exploring the Correlations between Health and Community Socioeconomic Status in Chicago
Continuing our investigation on the community development and public health intersect, senior business economist Susan Longworth’s article, “Exploring the correlations between health and community socioeconomic status in Chicago,” provides a look at how indicators of health parallel economic conditions, and at how one Chicago neighborhood, to some degree, provides an exception to this general relationship. Jason Keller, economic development director (for Illinois) in the Federal Reserve Bank of Chicago’s community development and policy studies division, and David Knight, an Ann Arbor based consultant and authority on Great Lakes navigation, provide an overview of a recent conference on Great Lakes ports, their economic and ecologic ramifications for our district and the changing dynamics of connections between ports and their surrounding communities. Download the Publication.
In our continuing efforts to understand the small business lending landscape in Detroit, this edition of Profitwise News and Views explores the role of the SBA 7(a) program in facilitating credit flow to the city’s low-income and (predominantly) black neighborhoods in particular. Download the Publication.