Census Bureau: 2020 American Community Survey 5-year Data Delayed Until March 2022
The U.S. Census Bureau is committed to producing high-quality data. The Census Bureau recognizes the critical importance of the American Community Survey (ACS) 5-year data, in particular, on government and business decision-making and the need for quality ACS data for that purpose. To reflect our quality standards, the Census Bureau must delay the 2016-2020…
ABA: Survey Shows Consumers Give High Marks to their Bank’s Online and Mobile Experience for Second Consecutive Year
Ninety-nine percent of consumers rated their bank’s online and mobile app experience as “excellent,” “very good,” or “good,”—tying last year’s record mark—according to a national survey conducted by Morning Consult on behalf of the American Bankers Association. In addition, 81% of those surveyed said innovation and technological improvements by banks are making it easier for…
ABA: National Survey Results Detailing Bank Efforts to Protect Seniors from Financial Exploitation Released
Banks across the country continue to dedicate extensive resources to protect older customers from financial abuse, according to the 2021 Older Americans Benchmarking Report released today by the ABA Foundation. The biennial report, the most expansive survey of the banking industry’s efforts to protect seniors, captures data on how U.S. banks are protecting and serving their older…
Census Bureau: Census Data Equity Initiative for Underserved Communities Announced
The U.S. Census Bureau today announced the Census Data Equity Initiative for Underserved Communities. This includes the release of the Data for Equity webpage, press kit, director’s blog and more highlighting datasets and tools available to help federal agencies and other entities identify and equitably distribute resources to underserved communities. The Census Bureau collects demographic, housing, socioeconomic, business and…
CFPB: New Research Finds Credit Report Disputes Far More Common in Majority Black and Hispanic Neighborhoods
Report Provides Additional Insight into Previously Observed Trends The Consumer Financial Protection Bureau (CFPB) today released research finding that consumers in majority Black and Hispanic neighborhoods, as well as younger consumers and those with low credit scores, are far more likely to have disputes appear on their credit reports. The new research is a part…
Census Bureau: New Data on Minority-Owned, Veteran-Owned, and Women-Owned Businesses Released
The U.S. Census Bureau today released new estimates on the characteristics of employer businesses. According to the 2020 Annual Business Survey (ABS), which covers reference year 2019, approximately 18.7% (1.1 million) of U.S. employer businesses were minority-owned, veteran-owned businesses made up about 5.7% (331,151) of all businesses. About 20.9% (1.2 million) of businesses were owned by women. Additional highlights:…
Census Bureau: Analytical Report on the COVID-19 Impact on the 2020 American Community Survey Released
The U.S. Census Bureau today released an analytical report in advance of publishing experimental data from the American Community Survey (ACS), one of the nation’s most comprehensive sources of population and housing information about the U.S. The report, An Assessment of the COVID-19 Pandemic’s Impact on the 2020 ACS 1-Year Data, describes how the pandemic…
HUD and Census Bureau: New Residential Sales Report for September 2021 Released
The U.S. Department of Housing and Urban Development (HUD) and the U.S. Census Bureau jointly announced the following new residential sales statistics for September 2021: New Home Sales Sales of new single-family houses in September 2021 were at a seasonally adjusted annual rate of 800,000. This is 14.0 percent (±17.9 percent)* above the revised August…
FHFA: House Price Index Up 1.0 Percent in August 2021; Up 18.5 Percent from Last Year
House prices rose nationwide in August, up 1.0 percent from the previous month, according to the latest Federal Housing Finance Agency House Price Index (FHFA HPI®). House prices rose 18.5 percent from August 2020 to August 2021. The previously reported 1.4 percent price change for July 2021 remained unchanged. For the nine census divisions, seasonally adjusted monthly house price changes from…
ABA: National Survey Shows that Bank Customers Turn to Mobile Apps More Than Any Other Channel to Manage Their Accounts
COVID-19 accelerated move toward digital banking channels Consumers are conducting their banking via mobile apps more often than any other method, according to a new survey conducted by Morning Consult on behalf of the American Bankers Association. The national survey found bank customers preferred mobile apps both prior to and following the onset of the…