Census Bureau: New Report on the Dynamics of Economic Well-Being
Today the U.S. Census Bureau released a new report on the Dynamics of Economic Well-Being: Fluctuations in the U.S. Income Distribution: 2009-2012 that highlights changes in annual household income by selected demographic characteristics of the householder. This report takes advantage of the Survey of Income and Program Participation’s longitudinal design that collected detailed monthly information…
Federal Reserve: FEDS Notes | Post-Crisis Lending by Large Bank Holding Companies
This note analyzes recent trends in loan growth at domestic bank holding companies (hereafter, banks) and reviews factors related to bank loan growth such as capital and loan write-downs.2 The extension of credit has important implications for the health of the economy.3 For instance, if businesses and households do not have access to credit, they…
Census Bureau: 2020 Census Quarterly Program Management Review Meeting
The U.S. Census Bureau will hold its quarterly 2020 Census Program Management Review on Tuesday, July 11 from 1 to 5 p.m. in the auditorium at Census Bureau Headquarters. Agenda topics include high-level program updates, an update on testing, and review of 2020 Census operations, and systems readiness. In order to provide wider access to this…
Census Bureau: Webinar on Race, Tribal, Hispanic & Ancestry Group Statistics
The U.S. Census Bureau will hold a technical webinar in advance of the release of two embargoed data products: the Selected Population Tables and the American Indian and Alaska Native Tables from the 2011-2015 American Community Survey. The webinar will be July 10, the day before the embargo, which starts July 11 for public release…
Census Bureau: The Nation’s Older Population is Still Growing
The nation’s population has a distinctly older age profile than it did 16 years ago, according to new U.S. Census Bureau population estimates released today. New detailed estimates show the nation’s median age — the age where half of the population is younger and the other half older — rose from 35.3 years on April…
FHFA: House Price Index Up 0.7 Percent in April 2017
Washington, D.C. – U.S. house prices rose in April, up 0.7 percent from the previous month, according to the Federal Housing Finance Agency (FHFA) seasonally adjusted monthly House Price Index (HPI). The previously reported 0.6 percent increase in March was revised upward to reflect a 0.7 percent increase. The FHFA monthly HPI is calculated using home…
FHFA: First Quarter 2017 Foreclosure Prevention Report
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today released its first quarter Foreclosure Prevention Report, which shows that Fannie Mae and Freddie Mac (the Enterprises) completed 49,104 foreclosure prevention actions in the first quarter of 2017, bringing the total number of troubled homeowners helped since conservatorships to nearly 3.9 million. Of the foreclosure…
Federal Reserve: Auto Financing During and After the Great Recession
Auto Financing during and after the Great Recession Ralf R. Meisenzahl 1 More than half of auto financing is originated by non-bank finance companies that typically rely on short-term funding markets for their own financing. During the recent financial crisis, disruptions in these short-term financing markets reduced the availability of auto credit to consumers, which…
CFPB: Certify Your Service | Guides to Public Service Loan Forgiveness
If you’re a teacher, member of the military, first responder, government employee, or work in another area of public service and have student loan debt, you may be eligible for the Public Service Loan Forgiveness (PSLF) program. STAY ON TRACK Check out these tips to certify your service and make sure you’re on track for Public…
ABA: Bank Economists Share Moderate Growth to Continue Through 2018
WASHINGTON — The U.S. economy will continue to expand through next year with support from fiscal stimulus, according to the Economic Advisory Committee of the American Bankers Association. “The forces that have sustained eight years of progress, such as low interest rates and improvements in labor markets, will continue into next year,” said Christopher Probyn,…