The latest from the Fed’s community development teams and their collaborators.
Mom gives daughter a math lesson, caregiving at home
The pandemic highlighted the important role of caregivers in the economy, but it also heightened their struggles.
Diverse toddlers play at child care
Lack of affordable, high-quality child care prevents many individuals from going back to work after the COVID-19 pandemic—and from entering the job market altogether. In Delaware, first-hand insights from parents, employers, and small business owners inform solutions to easing child care challenges in the state.
Entrepreneur stands outside holding open sign
Corporate diversity programs often talk about helping people "get invited to the party and also dance." However, entrepreneurs want to "start their own parties" and equitably. Here's how communities can support them.
FEATURED STORY
“Tell me the story of your life.” Every call Alex Fuentes made for the American Voices Project started with this same request. The project began as a way to study US poverty. It has grown into a trove of personal narrative and oral history of how people across the US experienced the COVID-19 pandemic.
This report provides a snapshot of how the COVID-19 pandemic affected low-and moderate-income people and communities, and the organizations serving them, in August 2021. Explore key findings for communities and entities as well as survey respondent profiles.
Here’s what 345 Community Development Financial Institutions told the Federal Reserve about their financial well-being throughout the COVID-19 pandemic, operational gaps and challenges, and effects on clients and communities they serve.
How much could US state gross domestic product (GDP) grow by closing racial and gender gaps in the labor market? We simulate how much GDP would have increased annually by eliminating gaps in earnings, hours worked, educational attainment, and employment.
In these three sessions from the 2021 Federal Reserve Community Development Research Seminar Series, Toward an Inclusive Recovery, explore research illuminating issues critical to our economy and how the community development field can use findings to support a recovery that benefits everyone.
Federal Reserve community development researchers, analysts, and outreach specialists share what inspires and motivates them.
[Rural child care providers] don’t see each other as rivals. They are people working to serve the families in their communities, and they want to know what the Fed can do to help them.
St. Louis Fed
Arts and artists are essential to both rebuilding and preserving cultures and communities impacted by external factors. They are a lifeline for economic and social change.
New York Fed
I feel extremely blessed to work with a lot of smart people with a depth of knowledge in small business, workforce development, and housing, all with a lens to help communities.
Cleveland Fed
The United States economy needs to work for everyone. We commit to doing our part, both in the work we produce and in how we engage with people and issues relating to race and racial inequity in America.