In this special edition of ProfitWise News and Views, CDPS senior business economists Maude Toussaint-Comeau and Robin Newberger present findings from a poll of black small business owners in metropolitan Detroit, who were identified through metro area business chambers targeted to minority entrepreneurs.
This new portal provides single-point-of-entry access to hundreds of community development resources from across the System. Visit all thirteen external Federal Reserve sites to learn more about workforce development efforts, data on foreclosure mitigation across regions, and maps for use in stabilization efforts.
The IBEX 12 Month Inflation Rates provide a monthly chain-weighted inflation measure for more than thirty socio-economic and demographic groups, as well as the overall urban population. It covers the period from 1983–2008. The inflation rates are updated annually in the first quarter of each year when new data for expenditures are available.
The Community Reinvestment Act (CRA) has been under much scrutiny amid the subprime lending bust. Critics of the CRA contend that the law pushed banking institutions to undertake high-risk mortgage lending.This issue examines the CRA and its role in the mortgage market and distinguish it from causes of the subprime failure.