The Pandemic's Early Effects on Consumers and Communities
This issue of Consumer & Community Context contains four articles presenting analysis of how consumers, communities, and community development organizations are responding to the pandemic.
The Initial Impact of COVID-19 on Communities and the Entities Serving Them
This fourth article highlights the results of a survey of organizations providing services to LMI communities during the pandemic.
Mind the Gap: Minority-Owned Small Businesses' Financing Experiences in 2018
This second article explores disparities in small business credit approval by race and ethnicity.
Household Finances under COVID-19: Evidence from the Survey of Household Economics and Decisionmaking
This first article looks at select results from the most recent Survey of Household Economics and Decisionmaking (SHED), originally fielded in October 2019, and from supplemental SHED surveys fielded in April and July 2020 to measure the economic impact of the pandemic.
At the Fed, Consumers and Communities Matter
This new article series will highlight Federal Reserve research and analysis of the financial conditions and experiences of consumers and communities, including traditionally underserved and economically vulnerable households and neighborhoods. Our goal for this series is not just to share insights, but to provide context for the complex economic and financial issues that affect individuals, communities, and the broader economy—and, in the process, enhance understanding of and enrich the dialogue on issues that touch all of our lives.
CDFIs Response to COVID-19
This second article describes the operations of community development financial institutions and their roles responding to the pandemic.
Searching for Small Business Credit Online: What Prospective Borrowers Encounter on Fintech Lender Websites
This first article describes what small business owners encounter when searching for financing on the websites of online lenders.
Delivering Benefits of Faster Payments to the Underserved
This first article examines the implications of faster payments for cash-flow-constrained consumers.
Can Student Loan Debt Explain Low Homeownership Rates for Young Adults?
This first article explores the impact that rising student loan debt levels may have on homeownership rates among young adults.
Access to Financial Services Matters to Small Businesses
This issue of Consumer & Community Context focuses on small businesses’ access to capital.