The Federal Reserve Bank of Cleveland, Fourth District (OH, W.PA, E.KY, and N.WV) RT does not imply endorsement.
Reports suggest that #consumer spending in the 4th District softened toward the end of 2020. Retailers noted that in spite of strong activity in October and November, the recent rise in #COVID19 cases & associated uncertainty weakened sales. #BeigeBook
HAPPENING NOW: Join our 2021 Economic Outlook#FedTalk with Ed Knotek, senior vice president & research economist at the Cleveland Fed, to hear about the economic trends and drivers that he will be watching in 2021. Tune in:
Subprime lending played a role in Cleveland’s housing boom and bust, but there’s more to the story. Read our latest Research [in] Brief to find out more:
We’re always rooting for our hometown teams across our district, but this weekend, let’s go @Browns ! We're "banking" on a win 🏈 No matter the final score, though, we're still big fans of the @KansasCityFed 📷: Employee photo from the 1980s
The new Occupational Mobility Explorer tool analyze skills that employers request in the 33 largest #metro areas & look for opportunities for workers to transfer their skills to a higher-paying occupation in the same labor market.
We are committed to ensuring a fair and equal #economy with opportunities for all. Visit our Program on Economic Inclusion site to learn more about our economic inclusion and #RacialEquity efforts: #MLKDay2021
The Cleveland Fed and @federalreserve are co-hosting virtual #Fintech Innovation Office Hours. We're kicking it off with a fireside chat on September 1 featuring senior Fed officials in the #banking & #technology areas. Register by August 28, it's free!
Alarming growth in #P2P loan defaults resembling the subprime crisis calls for examination of lending practices
Are you a Black undergrad interested in finance, economics, or data science? Attend the @ChicagoFed & @SadieCollective free/virtual #ECPEcon2020 event 9/17-18 to gain insight from @nomadj1s @drlisadcook @jhacova . Connect w/ recruiters. Register:
'There’s still an incredible amount of underemployment,' says @LouTisler , speaking to the state of households.