Economic Development

ABA: Foundation Honors Six Banks with Community Commitment Awards

Categories range from affordable housing to community and economic development ​ WASHINGTON — Six banks have been recognized as leaders in corporate social responsibility with an American Bankers Association Foundation Community Commitment Award. The awards were given to banks for their efforts in categories ranging from affordable housing to economic inclusion. Winners will be presented…

CFPB: First National Survey on Financial Well-Being Shows More Than 40 Percent of U.S. Adults Struggle To Make Ends Meet

Bureau Releases Interactive Online Tool to Help Consumers Measure Their Financial Well-Being Today, the Consumer Financial Protection Bureau (CFPB) released the results of a first-of-its-kind national survey on the financial well-being of U.S. consumers that showed that more than 40 percent of U.S. adults struggle to make ends meet. The survey provides measurements and insights…

Census Bureau: Startup Firms Created Over 2 Million Jobs in 2015

In 2015, the nation’s 414,000 startup firms created 2.5 million new jobs according to data from the Census Bureau’s Business Dynamics Statistics. In contrast, this level of startup activity is well below the pre-Great Recession average of 524,000 startup firms and 3.3 million new jobs per year for the period 2002-2006. Other highlights include: Job…

Census Bureau: The Digital Divide – Broadband Usage Across the Nation

States on the Pacific Coast and most of those in the Northeast such as New Hampshire and Massachusetts had higher levels of broadband internet use compared to the national average (77 percent), according to a new U.S. Census Bureau report on Computer and Internet Use in the United States: 2015. These tended to be the…

Census Bureau: New Report on the Characteristics of Female Veterans

A new report on the characteristics of female veterans released today by the U.S. Census Bureau shows that early-career aged female veterans (18 to 34 years old) were more likely to be employed, married and have a child in their home than early-career aged female nonveterans. This report, which uses 2015 American Community Survey data,…