Join this July 16 Connecting Communities® webinar to learn what several recent studies reveal about the extent and implications of the wide racial wealth gap in the U.S. Speakers include William (Sandy) Darity, Duke University; William Emmons, St. Louis Fed; Darrick Hamilton, The New School; Ana Patricia Muñoz, Boston Fed; and Bryan Noeth, St. Louis Fed.
This second essay in the Center for Household Financial Stability’s “Demographics of Wealth” series examines the strong correlation between education and money. The essay is the result of an analysis of data collected from more than 40,000 heads of households between 1989 and 2013 through the Federal Reserve’s Survey of Consumer Finances.
Ever wonder about the Federal Reserve’s involvement in the field of community development? Wonder no more. Released in June 2014, Federal Reserve Community Development Perspectives: A summary of activities, insights, and future opportunities answers the "what," "why" and "how" of the Fed's role in community development. The report highlights the Fed’s recent efforts to address barriers to economic growth, and promote fair and informed access to financial markets. Featuring brief summaries of its community development work organized into four focus areas--people, place, the policy and practice of community development, and small business--the report includes background information that helps to provide context for this work, a sampling of key research, outreach programs and other initiatives, as well as some ideas on future challenges, needs and opportunities.
The Tenth District Consumer Credit Report summarizes consumer credit trends in the Tenth District and compares conditions to the nation and across states. The reports provide data on consumer debt, loan delinquency rates, personal bankruptcy filings and mortgage delinquencies.
This report from the Federal Reserve Board of Governors analyzes results of the Board’s second Survey of Household Economics and Decisionmaking, conducted in October 2014, and compares them with results from the previous year's survey. The survey aims to capture a snapshot of the financial and economic well-being of U.S. households, as well as to monitor their recovery from the Great Recession and identify perceived risks to their financial stability.
The Federal Reserve Board published a new report, Consumers and Mobile Financial Services 2015. This is the fourth Board report on the use of mobile financial services and reports how consumers access their bank’s services using mobile phones (“mobile banking”), how they make payments for goods and services using mobile phones (“mobile payments”), as well as their use of mobile phones to inform their shopping and other financial decisions.