ClevelandFed

ClevelandFed


The Federal Reserve Bank of Cleveland, Fourth District (OH, W.PA, E.KY, and N.WV) RT does not imply endorsement.

52710 followers  •  75 follow  •    •   http://t.co/FBuLrq5KYJ

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 

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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:

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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:

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LAST DAY: Now’s the time to nominate yourself or a #diversity  and #inclusion  leader you admire to our Equity & Inclusion Advisory Council. Deadline is end of day today, Jan 15.

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View the (updated!) eviction indicator to see the latest data on evictions filing activity by eviction filing type.

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

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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.

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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 

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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!

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No, this isn’t charting #SaveTheCrew  mentions, but #Columbus  Ohio is outperforming the state and nation in this #econ  stat. Get our full #MetroMix  report:

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Alarming growth in #P2P  loan defaults resembling the subprime crisis calls for examination of lending practices

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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:

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The Cleveland Fed's Center for Inflation Research and the @ecb  co-hosted a virtual #Inflation : Drivers and Dynamics 2020 conference. Presenters discussed the #PhilipsCurve , #inflationexpectations , #monetarypolicy , and more. The conference is now viewable:

'There’s still an incredible amount of underemployment,' says @LouTisler , speaking to the state of households.

In Cleveland & Columbus, almost 50% of neighborhoods are low income, in Pittsburgh, 27.9%, in Cincinnati, 20.7%

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