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Remarks by Eric S. Rosengren, President and Chief Executive Officer, Federal Reserve Bank of Boston, at the Connecticuct Business & Industry Association and MetroHartford Alliance Economic Summit & Outlook, Hartford, Connecticut, January 6, 2012.
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Nationwide in the U.S. over the past 15 years, small businesses generated 64 percent of the net new job growth. Small businesses with fewer than 500 employees, a definition used by the Small Business Administration (SBA), represent 99.7 percent of all employer firms, and employ more than half of...
Persistent link: https://www.econbiz.de/10010726797
In October 2012, the Federal Reserve Bank of Chicago, the Michigan Bankers Association and the New Economy Initiative for Southeast Michigan co-sponsored a symposium in Detroit that brought together business experts, business owners, policymakers, funders and bankers to explore issues around...
Persistent link: https://www.econbiz.de/10010726801
Addressing the Financing Needs of Small Businesses is a Federal Reserve System initiative designed to inform policymakers on the issues that restrict the flow of credit and opportunities to improve the flow of credit to small businesses. A widely held view among policymakers and other observers...
Persistent link: https://www.econbiz.de/10010726809
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The Chicago Fed has had a longstanding interest in the work of community development financial institutions (CDFI) and the evolution of the development finance industry. In this edition of Profitwise News and Views, we provide overviews of two conferences that addressed ways the industry is...
Persistent link: https://www.econbiz.de/10010727586
Widespread losses in the housing and stock markets have taken their toll on many small business owners who have traditionally relied on personal assets for funding support.
Persistent link: https://www.econbiz.de/10008636105
This Economic Letter examines what the data say about the relationship between the degree of competition in and total volume of small business lending in local geographic banking markets.
Persistent link: https://www.econbiz.de/10005706921