Policymakers’ response to COVID-19 can draw on Great Recession lessons
Central banks’ experience before and during the 2007–09 Great Recession suggests that they have ample tools to support the economy.
July 07, 2020
Southwest Economy, Second Quarter 2020
Small business hardships highlight relationship with lenders in COVID-19 era
The COVID-19 crisis has disrupted normal small business operations and will likely limit the ability of many enterprises to stay financially afloat.
June 23, 2020
Southwest Economy, Second Quarter 2020
COVID-19, oil price collapse dimming outlook for banks in 2020
Eleventh District banks face challenges from instability in the energy sector and economic fallout from the COVID-19 pandemic.
June 23, 2020
Southwest Economy, Second Quarter 2020
LiftFund’s microlending helps small businesses battle to survive COVID-19
Janie Barrera is the founding president and chief executive officer of San Antonio-based LiftFund. Created in 1994, LiftFund has one of the nation’s largest microlending portfolios. The nonprofit provides loans and management training to very small enterprises in Texas and seven other states.
June 23, 2020
Southwest Economy, Second Quarter 2020
COVID-19 tanks U.S. fuel consumption, prices
The effects of the pandemic, including working from home and reduced travel, dropped fuel consumption from mid-March to mid-April 2020.
June 23, 2020
COVID-19’s unprecedented impact alters U.S. labor market
A staggering 22.03 million initial claims for unemployment benefits were filed from mid-March to mid-April as the COVID-19 pandemic and ensuing stay-at-home policies took hold across the country.
June 23, 2020
Texas Jobs decline at historic pace from impact of COVID-19
The decrease affected all major metro areas, with the steepest drops coming in El Paso, Fort Worth and Austin, followed closely by Houston, San Antonio and Dallas.
June 18, 2020
Global Perspectives: Donald Kohn on Greenspan and Bernanke, the global financial crisis and the COVID-19 challenge
Kohn and Dallas Fed President Rob Kaplan discussed Kohn’s career at the Fed, his experience during the Global Financial Crisis and his thoughts on the Fed’s reaction to the current crisis.
June 02, 2020
Communities, service providers in region see long road to COVID-19 recovery, Fed survey shows
Nearly all respondents reported "significant" disruption to economic conditions in their communities, and over two-thirds anticipate a "difficult" economic recovery.
May 28, 2020
Early mandated social distancing does gest to control COVID–19 spread
Voluntary social distancing and a lack of compliance with mandated polices have led to unnecessarily high infection rates and death tolls in a number of countries.
May 28, 2020