Econ Focus

Econ Focus
Econ Focus is the economics magazine of the Richmond Fed. The latest issue looks at public transit after the pandemic, the Treasury bond market, financial literacy, and more.
Featured
A Short History of Long-Term Mortgages
The modern mortgage is the result of a complicated history. Local, state, and national actors all competing for profits have existed alongside an increasingly active federal government seeking to make the benefits of homeownership accessible to more Americans.
Public Transit Rides Out the Pandemic Storm
The opening months of the COVID-19 pandemic saw an immediate and unprecedented abandonment of public transit. This collapse was driven by widespread lockdown orders and businesses shifting work from offices to homes, drastically reducing the number of commuters using public transit.
Featured Sections
In this issue: public transit after the pandemic, the Treasury bond market, financial literacy, and more.
In this issue: job mobility after the pandemic, the Fed's forward guidance, climate change and North Carolina, and more.
In this issue: quantitative tightening, inflation and supply chain disruptions, rural areas paying newcomers, the teacher shortage, and more.
In this issue: the Post-9/11 GI Bill, the future of the dollar as the world’s reserve currency, central bank digital currency, and more.
In this special issue on small towns and rural areas: the nursing shortage, the economic promise of startups and the need for affordable housing in these communities.
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