Federal Reserve Bank of New York
Register Now: Finance & Equity: Insights from PPP (7/22/21)
- Title
- Register Now: Finance & Equity: Insights from PPP (7/22/21)
- Runtime
- 0:56
- Date posted
- 5 years ago
- Description
- The Federal Reserve Bank of New York, in collaboration with AARP and Reimagine Main Street, is hosting a virtual event on July 22, 2021 focused on how technology can improve small-business credit access for businesses owned by people of color.
Attendees may register at nyfed.org/jul22event.
The event builds on a recent analysis by the Federal Reserve Bank of New York, which found that, although technology-enabled lenders represented a relatively small share of all PPP loans, these lenders played a critical role in serving business owners of color and businesses that needed relatively small loans.
- Title
- Impact Investing: How It Works and Why It Matters
- Runtime
- 3:30
- Date posted
- 5 years ago
- Description
- In the midst of an unprecedented moment, there's an opportunity to reexamine traditional models of investment in order to address social and environmental issues. Watch this video for insights featuring Darren Walker (President, The Ford Foundation), Lisa Hall (Chair of Impact, Apollo Capital Management), and Otho E. Kerr III (Director of Community Impact Investing, New York Fed).
For more information, and to read the "Impact in Place" report and case studies, visit nyfed.org/community-development.
- Title
- Climate Voices from the Frontline: How Communities are Mobilizing
- Runtime
- 1:03:30
- Date posted
- 5 years ago
- Description
- The Federal Reserve Bank of New York hosted a virtual discussion about how communities facing climate-related risks are mitigating future risk and addressing issues of investment, equity, and green technology. Community development advocates and practitioners on the front lines of climate change shared promising strategies for climate resiliency and adaptation, how to engage with local stakeholders and community members, and critical next steps.
To learn more about our work on this topic, visit nyfed.org/community-development.
- Title
- Capital Quest: Connecting Community Groups with Funding (Full Event, 6/03/21)
- Runtime
- 1:25:41
- Date posted
- 5 years ago
- Description
- The Federal Reserve Bank of New York's Community Development team, in partnership with the U.S. Impact Investing Alliance, hosted a virtual event on June 3, 2021 focused on the expanding pool of impact investing funders, how new sources of investment can strengthen the low- and moderate-income communities hardest hit by the pandemic, and the New York Fed's plans to connect communities with funds.
The event opened with remarks by David Erickson, head of Outreach and Education at the New York Fed, who detailed his team's new strategic approach to bridging communities and capital. He also discussed the team's new focus areas within the diverse world of community development.
In addition, the event included a discussion between Fran Seegull, president of the U.S. Impact Investing Alliance, and Otho Kerr, the New York Fed's director of strategic partnerships and community impact investing, a newly created role unique within the Federal Reserve system.
...
- Title
- Scaling Equitable Solar Finance: A Financial Innovations Roundtable Event
- Runtime
- 1:56:36
- Date posted
- 5 years ago
- Description
- On May 19 2021, the New York Fed hosted a discussion in collaboration with the Center for Impact Finance at the Carsey School of Public Policy at the University of New Hampshire, to identify how community financial institutions, such as credit unions, community banks and Community Development Financial Institutions can finance solar installations in low-income communities and communities of color.
The plenary session, a culmination of previous working sessions, identified capital needs across low-income solar finance; identified policy barriers to scaling low-income solar development across project types and business models; engaged a broad group of stakeholders in solar development, community development finance, philanthropy, mainstream finance, and climate and energy policy to attract interest and support for efforts to scale low-income solar finance.
For more information, visit nyfed.org/may19event.
- Title
- How the New York Fed is Tackling Community Development & Inequality
- Runtime
- 2:36
- Date posted
- 5 years ago
- Description
- By identifying and elevating promising ideas with the potential to make transformative changes, and connecting those ideas with socially-motivated impact investors, the New York Fed hopes to address some root causes of poverty and economic inequality.
Learn more at nyfed.org/community-development.
- Title
- Economic Inequality Research Series: COVID-19 and Small Businesses (Full Event, May 27, 2021)
- Runtime
- 38:10
- Date posted
- 5 years ago
- Description
- On Thursday, May 27, the Federal Reserve Bank of New York hosted an on-the-record event for members of the press to discuss the Liberty Street Economics three-part series on COVID-19 and small businesses, as part of their ongoing Economic Inequality research series. This series examines disparities in small business activity by income and race, inequalities in Paycheck Protection Program credit access during the pandemic, and differences in the loan and recipient county characteristics for those who received loans through financial technology (fintech) providers versus other lenders. The event featured a brief overview of the series' top findings and Q&A with the blog authors.
For more information, visit nyfed.org/inequality-series
- Title
- Mortgage Forbearance in COVID-19 (Full Event, May 19, 2021)
- Runtime
- 46:17
- Date posted
- 5 years ago
- Description
- On May 19, 2021, the New York Fed hosted an online press briefing to examine the effects of mortgage forbearance, the outlook for the mortgage market, and the effects of these changes on households. The event is available to watch here in full, and articles in the series can be found at nyfed.org/mortgage-forbearance.
- Title
- Register Now: Capital Quest: Connecting Capital to Communities (6/03/21)
- Runtime
- 0:40
- Date posted
- 5 years ago
- Description
- The Federal Reserve Bank of New York's Community Development team, in partnership with the U.S. Impact Investing Alliance, is hosting a virtual event on June 3, 2021 focused on the expanding pool of impact investing funders, how new sources of investment can strengthen the low- and moderate-income communities hardest hit by the pandemic, and the New York Fed's plans to connect communities with funds.
Attendees may register at nyfed.org/jun3event.
The event will open with remarks by David Erickson, head of Outreach and Education at the New York Fed, who will detail his team's new strategic approach to bridging communities and capital. He will also discuss the team's new focus areas within the diverse world of community development.
In addition, the event will include a discussion between Fran Seegull, president of the U.S. Impact Investing Alliance, and Otho Kerr, the New York Fed's director of strategic partnerships and community impact investing,...
- Title
- Purpose and the Employee as Stakeholder | Web Series on Culture (Full Event, 5/6/21)
- Runtime
- 1:08:58
- Date posted
- 5 years ago
- Description
- As part of its initiative to spur reform of culture and conduct in the financial services industry and encourage the industry to raise standards, the New York Fed is hosting a series of web events. The fourth webinar in the series, Purpose and the Employee as Stakeholder, took place May 6, 2021.
Panelists discussed the role of organizational purpose in building healthy cultures; the ways in which the rise of employee activism affects organizational culture; and increased demand for corporations to engage on contemporary social issues and engage with a broader group of stakeholders.
To learn more about the New York Fed's work on this topic, visit nyfed.org/governance-and-culture.
- Title
- How the Pandemic Impacted Older Entrepreneurs
- Runtime
- 4:06
- Date posted
- 5 years ago
- Description
- The typical business owner holds assets and savings that are two to seven times greater on average than a comparable employee. This advantage only increases when looking at financial security for those aged 45 years and older.
"We want to kind of bust that notion that entrepreneurs are only in their 20s and only in the tech world. The reality is four out of five small business owners are 45+ and they are among the most successful in the entrepreneurial space."
-- Nancy LeaMond, EVP and Chief Advocacy & Engagement Officer, AARP
However, the COVID-19 pandemic affected everyone’s financial well-being, and introduced unique challenges for older entrepreneurs.
78% saw their year-on-year revenue decline in 2020 as a result of business closures, and active business ownership among older entrepreneurs remains below pre-pandemic levels.
Additionally, 62% of older entrepreneurs reported not drawing a salary, 50% used their personal fu...
- Title
- World Health Day: Global Perspectives on the Social Determinants of Health (Full Event, 4/7/21)
- Runtime
- 1:00:43
- Date posted
- 5 years ago
- Description
- On April 7, 2021, the Federal Reserve Bank of New York, in association with The International Society for Urban Health and the NYU School of Global Public Health, sponsored an event on the social determinants of health, with a focus on health equity issues.
The COVID-19 crisis has revealed racial and economic disparities in baseline health, access to quality healthcare, and health outcomes in the U.S. and internationally. For example, Johns Hopkins University of Medicine reports that while Black Americans represent only about 13% of the population in the states reporting racial/ethnic information of people who have died of COVID-19, they account for about 34% of total COVID-19 deaths in those states.
During this event, a panel moderated by Dr. Jo Ivey Boufford, Clinical Professor at NYU School of Global Public Health, discussed the social determinants of health and what actions governments, healthcare institutions, and the financial sector can take to create c...
- Title
- Demystifying a Career in Economics
- Runtime
- 1:30:46
- Date posted
- 5 years ago
- Description
- This webinar provides information about careers in economics, and aims to further awareness of the opportunities in the field among a broader talent pool.
New York Fed economists and research analysts (RAs) discuss the path to becoming an economist, why they chose careers in economics, their experience in the field, and the importance of expanding diversity in the profession.
Speaking alongside representatives from the New York Fed's People & Engagement and Outreach & Education groups, they also talk about: tips for success in economics education (college and beyond) and the economics profession; potential career paths at the New York Fed and in the broader workplace; the role of RAs and college-level interns in the Bank; career-planning resources and mentoring information; and the need for greater diversity in the field of economics.
- Title
- Opening Remarks | The State of the 50+ Entrepreneur |(Part 1)
- Runtime
- 18:35
- Date posted
- 5 years ago
- Description
- Part 1 of 5
On Tuesday, March 30, the Federal Reserve Bank of New York and the AARP hosted a virtual event titled The State of the 50+ Entrepreneur. This event brought together thought leaders, researchers, and policymakers, to discuss the impact of the COVID-19 pandemic on older business owners and their firms, and what might be done to help their recovery.
During this webinar, Claire Kramer Mills, Ph.D., Assistant Vice President and Director, Community Development Analysis, of the New York Fed presented and discussed a new report that examines the state of older business owners and their firms, as well as challenges they have faced historically and amidst the coronavirus pandemic.
In addition, New York Fed President and CEO John Williams participated in a moderated discussion with Nancy LeaMond, Executive Vice President and Chief Advocacy and Engagement Officer at AARP. The discussion, titled The Role Small Business Plays in Building Financial R...
- Title
- Pivoting to Meet the Challenges Facing 50+ Entrepreneur Community (Part 2)
- Runtime
- 37:51
- Date posted
- 5 years ago
- Description
- Part 2 of 5
On Tuesday, March 30, the Federal Reserve Bank of New York and the AARP hosted a virtual event titled The State of the 50+ Entrepreneur. This event brought together thought leaders, researchers, and policymakers, to discuss the impact of the COVID-19 pandemic on older business owners and their firms, and what might be done to help their recovery.
During this webinar, Claire Kramer Mills, Ph.D., Assistant Vice President and Director, Community Development Analysis, of the New York Fed presented and discussed a new report that examines the state of older business owners and their firms, as well as challenges they have faced historically and amidst the coronavirus pandemic.
In addition, New York Fed President and CEO John Williams participated in a moderated discussion with Nancy LeaMond, Executive Vice President and Chief Advocacy and Engagement Officer at AARP. The discussion, titled The Role Small Business Plays in Building Financial R...
- Title
- What's Happening on the Ground for 50+ Entrepreneurs? (Part 3)
- Runtime
- 38:43
- Date posted
- 5 years ago
- Description
- Part 3 of 5
On Tuesday, March 30, the Federal Reserve Bank of New York and the AARP hosted a virtual event titled The State of the 50+ Entrepreneur. This event brought together thought leaders, researchers, and policymakers, to discuss the impact of the COVID-19 pandemic on older business owners and their firms, and what might be done to help their recovery.
During this webinar, Claire Kramer Mills, Ph.D., Assistant Vice President and Director, Community Development Analysis, of the New York Fed presented and discussed a new report that examines the state of older business owners and their firms, as well as challenges they have faced historically and amidst the coronavirus pandemic.
In addition, New York Fed President and CEO John Williams participated in a moderated discussion with Nancy LeaMond, Executive Vice President and Chief Advocacy and Engagement Officer at AARP. The discussion, titled The Role Small Business Plays in Building Financial...
- Title
- Building Equity Within the 50+ Entrepreneur Community (Part 4)
- Runtime
- 44:47
- Date posted
- 5 years ago
- Description
- Part 4 of 5
On Tuesday, March 30, the Federal Reserve Bank of New York and the AARP hosted a virtual event titled The State of the 50+ Entrepreneur. This event brought together thought leaders, researchers, and policymakers, to discuss the impact of the COVID-19 pandemic on older business owners and their firms, and what might be done to help their recovery.
During this webinar, Claire Kramer Mills, Ph.D., Assistant Vice President and Director, Community Development Analysis, of the New York Fed presented and discussed a new report that examines the state of older business owners and their firms, as well as challenges they have faced historically and amidst the coronavirus pandemic.
In addition, New York Fed President and CEO John Williams participated in a moderated discussion with Nancy LeaMond, Executive Vice President and Chief Advocacy and Engagement Officer at AARP. The discussion, titled The Role Small Business Plays in Building Financial...
- Title
- Moving Forward Together | The State of the 50+ Entrepreneur (Part 5)
- Runtime
- 8:26
- Date posted
- 5 years ago
- Description
- Part 5 of 5
On Tuesday, March 30, the Federal Reserve Bank of New York and the AARP hosted a virtual event titled The State of the 50+ Entrepreneur. This event brought together thought leaders, researchers, and policymakers, to discuss the impact of the COVID-19 pandemic on older business owners and their firms, and what might be done to help their recovery.
During this webinar, Claire Kramer Mills, Ph.D., Assistant Vice President and Director, Community Development Analysis, of the New York Fed presented and discussed a new report that examines the state of older business owners and their firms, as well as challenges they have faced historically and amidst the coronavirus pandemic.
In addition, New York Fed President and CEO John Williams participated in a moderated discussion with Nancy LeaMond, Executive Vice President and Chief Advocacy and Engagement Officer at AARP. The discussion, titled The Role Small Business Plays in Building Financial...
- Title
- Register Now: The Pandemic & Mental Health in Communities of Color (5/26/21)
- Runtime
- 0:41
- Date posted
- 5 years ago
- Description
- On May 26, the Federal Reserve Bank of New York, in partnership with Comunilife, is sponsoring an event on the pandemic’s impact on mental health in communities of color, including the correlation between depression and anxiety and economic factors such as lost income.
Register at nyfed.org/may26event.
The Mental Health in Communities of Color event is part of a broader body of work the New York Fed is undertaking on the economic drivers of health and wellbeing. Nearly $1 trillion is spent annually in the U.S. on chronic health conditions that stem from poverty and structural disparities. Preventing these chronic conditions would have broad economic benefits.
Among the confirmed speakers are:
Rosa M. Gil, Founder, President & CEO, Comunilife, Inc., and Deputy Chair of the New York Fed Board of Directors
Ann Marie T. Sullivan, M.D., NYS State Commissioner of Mental Health
Theresa Torres, Chief Diversity Officer, Federal Reser...
- Title
- The Impact of the COVID-19 Shock on Women's Labor Market Outcomes (Full Event, 3/22/21)
- Runtime
- 1:30:13
- Date posted
- 5 years ago
- Description
- On Monday, March 22, the Federal Reserve Bank of New York, in partnership with the Lyndon B. Johnson School of Public Affairs of the University of Texas at Austin, hosted a virtual event titled The Impact of the COVID-19 Shock on Women's Labor Market Outcomes and Equitable Policy Solutions. This event, held as part of Women's History Month, brought together thought leaders, researchers, community development practitioners, and policy influencers to discuss the COVID-19 "shecession," with a focus on women of color, as well the effects women's job losses have had on families and children.
Pamela Dyson, Executive Vice President of the Technology Group at the New York Fed, delivered opening remarks. Jaison Abel, Assistant Vice President and Head of the Regional Analysis Function at the New York Fed, as well as speakers from the Federal Reserve Bank of Minneapolis, Brookings Institution, the Lyndon B. Johnson School of Public Affairs, and the YWCA USA, detailed the effects th...
- Title
- How One Community Transitioned to Greener Energy
- Runtime
- 3:51
- Date posted
- 5 years ago
- Description
- As part of its ongoing commitment to hearing from communities in the Second District, the New York Fed brought together leaders in environmental finance to explore solutions for preventing further climate change and mitigating its effects in poor and minority communities.
In this video, Mijin Cha of Occidental College shares a real-world example of how communities used proactive planning to address short term obstacles while transitioning to a greener economy that helps the most vulnerable.
To learn more about the New York Fed's work on this topic, visit nyfed.org/inequality. Or, to watch the full event, visit nyfed.org/nov19event.
- Title
- Register Now: Financing Solar Energy Projects in LMI Communities (5/19/21)
- Runtime
- 0:41
- Date posted
- 5 years ago
- Description
- Register for the New York Fed's Financial Innovations Roundtable Event, "Scaling Equitable Solar Finance" at nyfed.org/may19event.
On May 19, 2021, the Federal Reserve Bank of New York and the Center for Impact Finance at the Carsey School of Public Policy at the University of New Hampshire will gather solar industry stakeholders, project developers, and members of the financial sector in a virtual discussion to identify how community financial institutions, such as credit unions, community banks and Community Development Financial Institutions can finance solar installations in low-income communities and communities of color.
The plenary session, a culmination of previous working sessions, will identify capital needs across low-income solar finance; identify policy barriers to scaling low-income solar development across project types and business models; engage a broad group of stakeholders in solar development, community development finance, philanthropy, ma...
- Title
- How Engaging Certain Individuals Can Change Culture for Everyone
- Runtime
- 5:01
- Date posted
- 5 years ago
- Description
- On March 1, 2021, as part of its series focusing on culture and conduct in the financial services industry, the New York Fed hosted a virtual event to explore how and why norms and biases change, the role of leaders and institutions in driving that change, and why motivations matter.
The event featured perspectives from Erika Irish Brown of Goldman Sachs, Lasana Harris of the UCL Department of Experimental Psychology, and Betsy Levy Paluck of Princeton University; and was moderated by Teresa Torres of the New York Fed.
In this excerpt, Betsy Levy Paluck recounts a study that examines culture change and widespread behavior change.
For more information, visit nyfed.org/governance-and-culture.
- Title
- Fighting the Climate Crisis in Communities of Color (Full Event, 2/24/21)
- Runtime
- 56:29
- Date posted
- 5 years ago
- Description
- On February 24, 2021, the New York Fed hosted discussion on how the climate crisis is affecting communities of color, with economists presenting findings on climate risk and inequality, and research on how the wealth gap hobbles communities of color when disaster strikes.
To learn more about the New York Fed's work on this topic, visit nyfed.org/inequality.
- Title
- Register Now: Rethinking Heath & Healthcare in the United States
- Runtime
- 0:41
- Date posted
- 5 years ago
- Description
- To register for this virtual event, visit nyfed.org/apr7event.
On April 7, 2021, the Federal Reserve Bank of New York, in association with The International Society for Urban Health, is sponsoring an event on the social determinants of health, with a focus on health equity issues.
The COVID-19 crisis has revealed racial and economic disparities in baseline health, access to quality healthcare, and health outcomes in the U.S. and internationally. For example, Johns Hopkins University of Medicine reports that while Black Americans represent only about 13% of the population in the states reporting racial/ethnic information of people who have died of COVID-19, they account for about 34% of total COVID-19 deaths in those states.
During this event, a panel moderated by Dr. Jo Ivey Boufford of the International Society for Urban Health will discuss the social determinants of health and what actions governments, healthcare institutions, and the financial...
- Title
- Register Now: The Impact of COVID-19 on Women in the Labor Market
- Runtime
- 0:41
- Date posted
- 5 years ago
- Description
- On Monday, March 22, the Federal Reserve Bank of New York, in partnership with the Lyndon B. Johnson School of Public Affairs of the University of Texas at Austin, will host a virtual event titled The Impact of the COVID-19 Shock on Women's Labor Market Outcomes and Equitable Policy Solutions.
Register at nyfed.org/mar22event.
This event, held as part of Women's History Month, will bring together thought leaders, researchers, community development practitioners, and policy influencers to discuss the COVID-19 "shecession," with a focus on women of color, as well the effects women's job losses have had on families and children.
Pamela Dyson, Executive Vice President of the Technology Group at the New York Fed, will deliver opening remarks. Jaison Abel, Assistant Vice President and Head of the Regional Analysis Function at the New York Fed, as well as speakers from the Federal Reserve Bank of Minneapolis, Brookings Institution, the Lyndon B. Johnson...
- Title
- How Do Diversity, Equity & Inclusion Shape Financial Services Culture? (Full Event, 3/01/21)
- Runtime
- 57:55
- Date posted
- 5 years ago
- Description
- The topics of Diversity, Equity & Inclusion are central to reforming financial sector culture as well as having wide-ranging consequences on society.
On March 1, 2021, the New York Fed hosted a virtual event on the topic, which is available to watch here in full.
The event was part of the New York Fed's initiative to spur reform of culture and conduct in the financial services industry and encourage the industry to raise standards. Panelists explored questions related to how and why norms and biases change, the role of leaders and institutions in driving that change, and why motivations matter.
To learn more about our work on this topic, visit nyfed.org/governance-and-culture.
- Title
- Register Now: COVID-19's Impact on Older Business Owners & Entrepreneurs (3/30/21, w/ co-host AARP)
- Runtime
- 0:41
- Date posted
- 5 years ago
- Description
- On Tuesday, March 30, the Federal Reserve Bank of New York and the AARP (American Association of Retired Persons) will host a virtual event titled The State of the 50+ Entrepreneur. This event will bring together thought leaders, researchers, and policymakers, to discuss the impact of the COVID-19 pandemic on older business owners and their firms, and what might be done to help their recovery.
During this webinar, Claire Kramer Mills, Ph.D., Assistant Vice President and Director, Community Development Analysis, of the New York Fed will present and discuss a new report that examines the state of older business owners and their firms, as well as challenges they have faced historically and amidst the coronavirus pandemic.
In addition, New York Fed President and CEO John Williams will participate in a moderated discussion with the Nancy LeaMond, Executive Vice President and Chief Advocacy and Engagement Officer at AARP. The discussion, titled The Role Small Busine...
- Title
- Register Now: How Do Diversity, Equity & Inclusion Shape Financial Services Culture?
- Runtime
- 0:41
- Date posted
- 5 years ago
- Description
- The topics of Diversity, Equity & Inclusion are central to reforming financial sector culture as well as having wide-ranging consequences on society.
The New York Fed is hosting a virtual event on the topic, open to the public, on Monday March 1, 9:00 am. To register, visit nyfed.org/mar1event.
The event is part of the New York Fed's initiative to spur reform of culture and conduct in the financial services industry and encourage the industry to raise standards. Panelists will explore questions related to how and why norms and biases change, the role of leaders and institutions in driving that change, and why motivations matter.
- Title
- Economic Inequality: A Research Series
- Runtime
- 1:20
- Date posted
- 5 years ago
- Description
- The New York Fed conducts research to better understand what contributes to economic inequality in its many forms – in the region, and across the Nation.
Often, economic research focuses on understanding the average effects of a policy or program. However, while averages provide useful reference points, they don’t capture the full story.
To better understand what contributes to economic inequality in the region and across the Nation, it is vital to understand how the effects of policies and economic trends differ across geographic, demographic, and socioeconomic boundaries.
The Economic Inequality series from the New York Fed highlights the differences in economic outcomes and policy impacts by race, gender, age, geography, income, education, and other factors.
Timely content is packaged on a recurring basis and published on the Liberty Street Economics blog, offering policymakers, practitioners, researchers, and the general publi...
- Title
- Economists Examine the Labor Market in COVID 19
- Runtime
- 41:27
- Date posted
- 5 years ago
- Description
- The New York Fed's economists turn focus to the Labor Market in COVID-19 as part of the recurring research series "Economic Inequality" on Liberty Street Economics → nyfed.org/inequality-series.
This virtual event took place on February 9, 2021, and is shown here in full.
Economic analysis often focuses on understanding the average effects of a policy or program. Although averages are undoubtedly useful reference points, they do not tell the whole story. It is vital to understand how the effects of policies and economic trends vary across geographic, demographic, and socioeconomic boundaries. Designed with this objective in mind, the economic inequality series is a recurring Liberty Street Economics blog series that highlights differences in economic outcomes and policy impacts by race, gender, age, geography, income, education, and other factors.
- Title
- Economist Spotlight Series: History’s Barrier-Breakers, Today's Students, Tomorrow’s Economists
- Runtime
- 1:32
- Date posted
- 5 years ago
- Description
- Economics is not an abstract science. It’s a pathway for students to better understand the world around them, and a potential career to help shape a more equitable economy and society for all.
The Economist Spotlight Series, from the New York Fed, offers engaging activities that highlight real-life barrier breakers in the field of economics. Designed for middle school and high school classrooms, the activities take students through an economist’s way of thinking – asking questions, researching and analyzing data, and drawing conclusions that can make a real difference in people’s lives.
The first installment in the series focuses on Dr. Sadie T. M. Alexander, who in 1921 became the first Black American to earn a PhD in economics. She once used small questions like, “How much does your family spend on socks?” to answer a much bigger one: “What is the standard of living for some of the first Black families to settle in Philadelphia during the Grea...
- Title
- Problem Solving! Economics! Space Travel...? How the New York Fed's Comic Books Enhance Learning
- Runtime
- 1:25
- Date posted
- 5 years ago
- Description
- The New York Fed's Educational Comic Book Series → nyfed.org/comicbooks
Problem Solving! Economics! Space Travel?
Join Flora, Glix, and an intrepid cast of characters as they travel the universe, meet new friends, and work together to learn about economic and financial literacy.
Available to students, teachers, community organizations, and households at no charge, the New York Fed’s Educational Comic Book Series brings readers on an out-of-this-world journey to teach about basic economic principles and the Federal Reserve’s role in the financial system.
For classroom or independent learning, the series is created for students of all ages, and stimulates curiosity and raises awareness of careers in economics and finance. In addition, lesson plans created for each comic book meet national and state standards for New York, New Jersey, and Connecticut.
- Title
- Activity in the region’s service sector declined at an accelerated pace
- Runtime
- 0:31
- Date posted
- 5 years ago
- Description
- January 2021 Business Leaders Survey → nyfed.org/BLS.
Activity in the region’s service sector declined at an accelerated pace, according to firms responding to the Federal Reserve Bank of New York’s January 2021 Business Leaders Survey. The survey’s headline business activity index fell five points to -31.8. The business climate index fell three points -63.3, indicating that the vast majority of firms continued to view the business climate as worse than normal. Employment levels declined at a faster clip than last month, though wage increases picked up. Both input prices and selling prices increased at a faster pace than in December. Capital spending fell for a tenth consecutive month. Looking ahead, firms expect business conditions to improve over the next six months.
- Title
- Business Activity Little Changed in NYS
- Runtime
- 0:31
- Date posted
- 5 years ago
- Description
- January 2021 Empire State Manufacturing Survey → nyfed.org/esms
Business activity was little changed in New York State, according to firms responding to the January 2021 Empire State Manufacturing Survey. The headline general business conditions index held steady at 3.5. New orders and shipments edged higher. Unfilled orders continued to move lower, and delivery times continued to lengthen somewhat. Employment levels increased modestly and the average workweek lengthened. Input price increases and selling price increases both picked up noticeably. Looking ahead, firms remained optimistic that conditions would improve over the next six months.
- Title
- How Our Economic Education Programs Combat Inequality
- Runtime
- 3:09
- Date posted
- 5 years ago
- Description
- The New York Fed designs economic education programs in partnership with educators to engage students and stimulate their interest in economics as a subject for study and the basis for a career.
For more information, visit nyfed.org/econ-ed
- Title
- Uncertainty about Future Inflation Increases Slightly
- Runtime
- 0:31
- Date posted
- 5 years ago
- Description
- December 2020 Survey of Consumer Expectations → nyfed.org/sce
The December 2020 Survey of Consumer Expectations shows the median home price change expectation increasing sharply to 3.6 percent in December from 3.0 percent in November. The measure has been on an upward trend since reaching a series low of 0 percent in April and is now at its highest level since July 2018. The median inflation expectation rose at the three-year horizon, while remaining unchanged at the one-year horizon. Uncertainty about future inflation increased slightly, remaining elevated in comparison with the pre-COVID-19 period.
- Title
- Activity in the region’s service sector declined at its fastest pace since June
- Runtime
- 0:31
- Date posted
- 6 years ago
- Description
- December 2020 Business Leaders Survey → nyfed.org/BLS.
The survey’s headline business activity index fell eleven points to -26.9. The business climate index was little changed at -60.3, indicating that the vast majority of firms continued to view the business climate as worse than normal. Employment levels declined, and wages increased at a slower pace than last month. Input prices increased at about the same pace as in November, while selling prices held steady. Capital spending fell for a ninth consecutive month. Looking ahead, firms expect little improvement in business conditions over the next six months.
- Title
- Reducing Climate Risk for Low Income Communities (Full Event, 11/19/20)
- Runtime
- 1:27:51
- Date posted
- 6 years ago
- Description
- Reducing Climate Risk for Low Income Communities
This virtual event took place on November 19, 2020, and is available to watch here in full.
The shocks and stresses of climate change are creating huge risks for both the financial sector and vulnerable populations. Already in 2020, with a global temperature rise of 1.2°C, we have seen the impact of more severe wildfires and hurricanes. We know these impacts are not distributed evenly, with low-income and other vulnerable communities affected most. There is a clear opportunity for climate finance to address risk by building stronger economies in low-income areas that makes places more resilient to climate change.
Co-hosted by Climate Safe Lending Network, this event explored the intersection of climate change approaches in the financial sector, and the opportunities for community resilience and inclusion.
- Title
- Business activity edged slightly higher in New York State
- Runtime
- 0:31
- Date posted
- 6 years ago
- Description
- December 2020 Empire State Manufacturing Survey → nyfed.org/esms.
The headline general business conditions index was little changed at 4.9. New orders increased marginally, and shipments were modestly higher. Inventories continued to move lower, and delivery times edged up. Employment posted its strongest gain in months, and the average workweek lengthened somewhat. Input prices increased at the fastest pace in two years, while selling prices increased at about the same pace as last month. Looking ahead, firms remained optimistic that conditions would improve over the next six months.
- Title
- Household Spending Growth Expectations Strengthen
- Runtime
- 0:31
- Date posted
- 6 years ago
- Description
- November 2020 Survey of Consumer Expectations → nyfed.org/sce
The November Survey of Consumer Expectations shows that consumers’ year-ahead spending growth expectations rose to 3.7 percent—the highest level in more than four years—despite flat income and earnings growth expectations. Labor market signals were mixed: Although the mean perceived probability of losing one’s job in the next twelve months decreased to 14.6 percent in November from 15.5 percent in October, expectations that the unemployment rate will be higher one year from now rose to 40.1 percent, the first increase since July.
- Title
- Continuing the Conversation on Culture: Trust & Decision-Making (Supplementary Content, 12/2/20)
- Runtime
- 24:57
- Date posted
- 6 years ago
- Description
- Continuing the Conversation on Culture: Trust & Decision-Making
Supplementary Virtual Event Content, 12/2/20
For six years, the New York Fed has drawn attention to culture and conduct in the financial services industry and encouraged the industry to work together to improve standards. To continue this initiative in a virtual environment, the Bank is hosting a series of web events highlighting current work and scholarship in this area. A video of the first event, which presented some of the New York Fed's work with the industry on culture, is available here.
The second event in the series focused on trust and decision-making. Panelists offered diverse perspectives drawn from neuroscience, behavioral science, financial services, technology, and space flight to help us better understand how trust and habits of decision-making affect organizational culture and outcomes. The discussion covered their views on the formation and erosion of trust in colleagues, ...
- Title
- Reflections & Closing | Mobilizing Capital: Artists' Impact on Community Health... (11/20/20)
- Runtime
- 7:42
- Date posted
- 6 years ago
- Description
- On Friday, November 20, 2020, the Federal Reserve Bank of New York, in partnership with Yerba Buena Center for the Arts, hosted a discussion focused on artists' role in building an equitable economy and their influence on community health and wellbeing.
"Mobilizing Capital: Artists' Impact on Community Health and Wellbeing" explored the intersection of arts and culture, community investments, and healthy communities. Creative and arts-based strategies are central to community development and can support investments that strive for equitable and durable long-term health outcomes.
Speakers included leaders striving to invest their capital in an upstream approach to health care through arts, artists as catalysts of change in communities, and academia providing current research on the connection between arts and health.
The full event is available watch here:
Welcome & Opening Remarks
https://youtu.be/GD0O4alaKKM
Investing in Arti...
- Title
- Evidence-based Research on Arts & Health | Mobilizing Capital: Artists' Impact... (11/20/20)
- Runtime
- 14:36
- Date posted
- 6 years ago
- Description
- On Friday, November 20, 2020, the Federal Reserve Bank of New York, in partnership with Yerba Buena Center for the Arts, hosted a discussion focused on artists' role in building an equitable economy and their influence on community health and wellbeing.
"Mobilizing Capital: Artists' Impact on Community Health and Wellbeing" explored the intersection of arts and culture, community investments, and healthy communities. Creative and arts-based strategies are central to community development and can support investments that strive for equitable and durable long-term health outcomes.
Speakers included leaders striving to invest their capital in an upstream approach to health care through arts, artists as catalysts of change in communities, and academia providing current research on the connection between arts and health.
The full event is available watch here:
Welcome & Opening Remarks
https://youtu.be/GD0O4alaKKM
Investing in Arti...
- Title
- Artist Vignette | Mobilizing Capital: Artists' Impact on Community Health... (11/20/20)
- Runtime
- 16:53
- Date posted
- 6 years ago
- Description
- On Friday, November 20, 2020, the Federal Reserve Bank of New York, in partnership with Yerba Buena Center for the Arts, hosted a discussion focused on artists' role in building an equitable economy and their influence on community health and wellbeing.
"Mobilizing Capital: Artists' Impact on Community Health and Wellbeing" explored the intersection of arts and culture, community investments, and healthy communities. Creative and arts-based strategies are central to community development and can support investments that strive for equitable and durable long-term health outcomes.
Speakers included leaders striving to invest their capital in an upstream approach to health care through arts, artists as catalysts of change in communities, and academia providing current research on the connection between arts and health.
The full event is available watch here:
Welcome & Opening Remarks
https://youtu.be/GD0O4alaKKM
Investing in Arti...
- Title
- Investing in Artists to Build Community and Create Change | Mobilizing Capital... (11/20/20)
- Runtime
- 42:51
- Date posted
- 6 years ago
- Description
- On Friday, November 20, 2020, the Federal Reserve Bank of New York, in partnership with Yerba Buena Center for the Arts, hosted a discussion focused on artists' role in building an equitable economy and their influence on community health and wellbeing.
"Mobilizing Capital: Artists' Impact on Community Health and Wellbeing" explored the intersection of arts and culture, community investments, and healthy communities. Creative and arts-based strategies are central to community development and can support investments that strive for equitable and durable long-term health outcomes.
Speakers included leaders striving to invest their capital in an upstream approach to health care through arts, artists as catalysts of change in communities, and academia providing current research on the connection between arts and health.
The full event is available watch here:
Welcome & Opening Remarks
https://youtu.be/GD0O4alaKKM
Investing in Arti...
- Title
- Opening Remarks | Mobilizing Capital: Artists' Impact on Community Health... (11/20/20)
- Runtime
- 6:58
- Date posted
- 6 years ago
- Description
- On Friday, November 20, 2020, the Federal Reserve Bank of New York, in partnership with Yerba Buena Center for the Arts, hosted a discussion focused on artists' role in building an equitable economy and their influence on community health and wellbeing.
"Mobilizing Capital: Artists' Impact on Community Health and Wellbeing" explored the intersection of arts and culture, community investments, and healthy communities. Creative and arts-based strategies are central to community development and can support investments that strive for equitable and durable long-term health outcomes.
Speakers included leaders striving to invest their capital in an upstream approach to health care through arts, artists as catalysts of change in communities, and academia providing current research on the connection between arts and health.
The full event is available watch here:
Welcome & Opening Remarks
https://youtu.be/GD0O4alaKKM
Investing in Arti...
- Title
- Web Series on Culture: Trust & Decision-Making (Full Event, 12/2/20)
- Runtime
- 59:29
- Date posted
- 6 years ago
- Description
- Web Series on Culture: Trust & Decision-Making
Full Event, 12/2/20
For six years, the New York Fed has drawn attention to culture and conduct in the financial services industry and encouraged the industry to work together to improve standards. To continue this initiative in a virtual environment, the Bank is hosting a series of web events highlighting current work and scholarship in this area. A video of the first event, which presented some of the New York Fed's work with the industry on culture, is available here.
The second event in the series focused on trust and decision-making. Panelists offered diverse perspectives drawn from neuroscience, behavioral science, financial services, technology, and space flight to help us better understand how trust and habits of decision-making affect organizational culture and outcomes. The discussion covered their views on the formation and erosion of trust in colleagues, employers and systems, considered links be...
- Title
- Recovery and Resilience in Puerto Rico | Bank Notes Podcast
- Runtime
- 35:35
- Date posted
- 6 years ago
- Description
- In the face of mounting challenges, the citizens of Puerto Rico have taken the future into their own hands. Community leaders are tackling foundational issues on the Island, such as affordable housing, capacity building, workforce development, recovery & resilience, renewable energy, and more. For this episode, we share their perspectives, examine how Puerto Rico arrived at this crucial moment, and reveal how CDFIs and other impact investors can get involved.
Bank Notes takes listeners deeper into insights and analysis from the New York Fed, told series by series. Listen here, or download episodes from iTunes.
- Title
- Shelter from the Storm: Psychological Safety & Workplace Culture... (James Hennessy, 11/26/20)
- Runtime
- 14:05
- Date posted
- 6 years ago
- Description
- "Shelter from the Storm: Psychological Safety and Workplace Culture during the Coronavirus Pandemic"
Pre-recorded remarks by James Hennessy, Senior Vice President, Supervision. Delivered November 26, 2020, as the Keynote Address for the 6th Annual Culture and Conduct Forum for the Financial Services Industry – ‘Culture, Conduct and COVID-19’
For more information, visit:
nyfed.org/eif
nyfed.org/governance-and-culture
