Lowest-income workers see accelerated earnings growth during pandemic
In many respects, the pandemic has disproportionately harmed low-income workers. Earnings growth, triggered by labor shortages and high turnover rates, could be a rare exception.
August 08, 2022
Greater Hispanic outreach can improve take-up of earned income tax credit
Despite the Earned Income Tax Credit’s many benefits, a large percentage of qualified workers do not claim it.
March 21, 2022
How PPP loans eluded small businesses of color
Using national- and state-representative data from small business owners from the Federal Reserve System’s Small Business Credit Survey, we found that small business owners of color were in greater need of financial support than their white-owned counterparts, but they successfully accessed the PPP less frequently.
November 29, 2021
Material hardship and the CARES Act: experiences of American families
How did households use the aid provided by the CARES Act? Who had trouble accessing benefits? And in a polarized political climate, what did Americans think about the way the expanded safety net was offered—for themselves and their communities?
June 30, 2021
Hard-hit child care industry may need multisector response to revive and thrive
Millions of U.S. workers have lost their jobs during the pandemic. When they are ready to return to work, their child care options may be few.
February 11, 2021
The Federal Reserve is updating the Community Reinvestment Act. Here’s how you can help
Whether you are a community-service organization member, an economic development professional or simply interested in helping communities in our region thrive, your comments and ideas are a critical part of ensuring an inclusive financial services industry.
January 13, 2021
Retirement Reality Check
While longer-term concerns may be taking a backseat to short-term ones during the crisis, the pandemic underscores how important it is for individuals to invest in their own financial security.
December 11, 2020
Who benefited from the Paycheck Protection Program? Our Texas analysis offers an early look
Though many hail the Paycheck Protection Program as a historic lifeline for the economy, others have raised concerns that the program reinforces inequities and has led to loan approvals not in alignment with its mission.
September 04, 2020
Women-veteran entrepreneurs face hardships made worse by pandemic
Businesses that were already vulnerable before the COVID-19 pandemic have become even more so during the ensuing recession the last few months. These businesses tend to be smaller and younger and are disproportionately owned by Hispanic and especially Black entrepreneurs.
August 24, 2020
Federal and local resources help small businesses strive for new normal
In May, we released an in-depth look at the experiences of small business owners across Texas in the first month of the crisis. In the subsequent months, there have been updates to existing resources, and more initiatives have launched to support small firms across the country and state.
July 16, 2020