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Speech
Opening remarks at Demographics are Not Destiny: Fostering Conditions to Advance Latino Business Growth, Federal Reserve Bank of New York, New York City
Remarks at Demographics are Not Destiny: Fostering Conditions to Advance Latino Business Growth, Federal Reserve Bank of New York, New York City.
Journal Article
Yes, We’re Open: Eighth District Small Businesses Forge Ahead
Dive into recent Eighth District findings from the Fed’s 2021 Small Business Credit Survey (SBCS).
Discussion Paper
Mind the Gap: How Do Credit Market Experiences and Borrowing Patterns Differ for Minority-Owned Firms?
Given the relationship between a small business’s access to financing and its outcomes, and given the growing share of minorities in the U.S. population, it is important that creditworthy firms and entrepreneurs, irrespective of race or ethnicity, are able to secure adequate financial resources to achieve growth and success. This paper employs data from the Federal Reserve System’s 2016 Small Business Credit Survey to explore under what conditions credit market experiences differ for various racial and ethnic ownership groups of small employer firms.The authors find evidence for ...