From the President

Charles Evans

President and CEO

Features

Small Business Lending After the Financial Crisis: A New Competitive Landscape for Community Banks

Economic Perspectives considers the effects of the financial crisis and regulations on lending by community banks.

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Using Private Sector 'Big Data' as an Economic Indicator: The Case of Construction Spending

Data collected by a private sector construction management firm are a leading indicator for total U.S. construction spending and provide information beyond publicly available data.

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Community Land Trust Model: Opportunities, Challenges of Preserving Affordable Housing

ProfitWise News and Views looks at housing as dozens of low-income apartment buildings for senior citizens in Detroit could convert to market rate apartments in next ten years, forcing hundreds to find new homes.

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Employment Challenges for the Formerly Incarcerated

The U.S. economy is on a historic run of job creation as of June 2016. ProfitWise News and Views highlights what firms are looking for as traditional pools of talent are increasingly absorbed by rising employment.

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Recent News

Midwest Economic Growth Picked Up Slightly in August

The Midwest Economy Index (MEI) was –0.04 in August, up from –0.16 in July.

Evans Addresses Community Bankers

Chicago Fed President Charles Evans talked about monetary policy and the banking environment September 28 during a research and policy conference held at the Federal Reserve Bank of St. Louis.

Economic Growth Slowed in August

The Chicago Fed National Activity Index (CFNAI) was –0.55 in August, down from +0.24 in July.

The Shifting Ground in Financial Markets and Technology

Chicago Fed Letter discusses the uncertainty surrounding financial markets and the industry impact of “fintech” innovations.

Survey Shows Growth Remained Modest in July and Early August

The Chicago Fed Survey of Business Conditions (CFSBC) Activity Index increased to –18 from –23, suggesting that growth in economic activity remained at a modest pace in July and early August.

Detroit, Chicago: Real Property Value Comparisons

In a recent blog posting, Federal Reserve Bank of Chicago’s Bill Testa and Thomas Haasl look at the value of real property and how the cities compare in terms of their outlooks and situation.

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