The maps included here are from a data-mapping exercise completed by analysts at the Richmond Fed to highlight the impact of flooding on communities within North Carolina through the lens of social vulnerability.
Featured Topics
Access to Credit
Different people have disparate experiences in accessing credits. Exploring ways to close this credit access gap could provide more economic opportunities for underprivileged areas.
As revealed through data and academic literature, historical inequity in credit access still affects minority borrowers today.
Monetary Policy
In his July 1832 veto message of the bill rechartering the Second Bank of the United States, President Andrew Jackson triggered the demise of America's second central bank with a stroke of his veto pen.
Market commentors noticed a pattern during Alan Greenspan's tenure as Fed chair from 1987 to 2006. The Fed, it appeared to some, had developed a policy of bailing out stock investors by injecting liquidity into the economy amid large stock market declines. This perceived tendency came to be called the "Greenspan put."
For the first time in more than a generation, we are grappling with high, broad-based, and persistent inflation. Is there an end in sight?
Regional Differences
The two most commonly used income benchmarks are the poverty threshold and area median income (AMI). This article discusses differences between them and how they are used to describe income dynamics in the context of the Fifth District.
Small towns have an opportunity to address challenges from health care to transportation, but there are barriers to accessing funding.
The Appalachian Regional Commission, created in the 1960s, became a model for regional economic development programs.
Workforce Development
Leveraging some of its natural advantages, Virginia has encouraged the industry's growth through tax incentives and other initiatives. It is now home to hundreds of data centers, many in Northern Virginia's "Data Center Alley."
In the past few years, job changing in the United States — workers leaving their current employers for new ones — seems to have been on the rise. This development, often called the "Great Resignation," has attracted much attention, but the reasons behind it are far from clear.
States and communities are looking for remote workers as sources of economic growth. Is offering them cash and other perks a promising model of economic development?
