In August 2016 the Boston Fed, along with its partners the Kresge Foundation and Harvard's Institute for Responsible Investment, published Capital & Collaboration: An In-Depth Look at the Community Investment System in Massachusetts Working Cities, which outlines the goals and process undertaken by the Capital & Collaboration Working Group to identify recommendations for strengthening the community investment system in Massachusetts Working Cities. The report includes insights from our resea...| Federal Reserve Bank of Boston
The term “capital absorption” is not well-known or easily understood. But it’s critical in the local economic development world, and I recently heard an analogy I think can help people understand it.| Federal Reserve Bank of Boston
The New England Advisory Council consists of leaders of small- to mid-sized businesses throughout New England. At quarterly meetings, members provide Bank leaders with insights into business conditions and on-the-ground economic realities in the region.| Federal Reserve Bank of Boston
Sean Cogdell is the chairman and CEO of The Panther Group, a staffing and recruiting firm that is working to make recruiting more efficient. He’s also a member of the New England Advisory Council. We spoke to Cogdell about the hurdles job seekers face and how AI is helping employees and employers clear obstacles.| Federal Reserve Bank of Boston
Boston Fed President Susan M. Collins travelled the Maine coast from Washington County to Portland last week and heard from residents concerned about issues ranging from child care, to health care, to inflation.| Federal Reserve Bank of Boston
Central bankers explored the impacts of uncertainty across the U.S. and global economies during a panel discussion at the Federal Reserve Bank of Boston on Wednesday.| Federal Reserve Bank of Boston
Home prices nationwide have surged more than 60% since 2019, pushing the median price of a single-family home to a record high of $412,500 in 2024.| www.bostonfed.org
Kevin Chu is the executive director of the Vermont Futures Project, an independent organization that supports Vermont’s economy. He is also a member of the New England Community Development Advisory Council at the Federal Reserve Bank of Boston. The CDAC informs Boston Fed leaders about New England's community development activities and barriers to economic growth. It also advises Reserve Bank staff on ways the Bank can support regional community development efforts.| Federal Reserve Bank of Boston
Loan commitments from large banks to private equity and private credit funds are increasing rapidly. A new note from the Federal Reserve Bank of Boston estimates that these loan commitments grew from about $10 billion in 2013 to about $300 billion in 2023 – nearly 30 times larger.| Federal Reserve Bank of Boston
Adeline Druart is president and CEO of Lawson's Finest Liquids, a Vermont-based brewery, taproom, and retail store. She’s also a member of the New England Advisory Council, which gives the Federal Reserve Bank of Boston on-the-ground economic insights from leaders of small and mid-sized businesses. We spoke to Druart about her career and her focus on creating a purpose-driven business.| Federal Reserve Bank of Boston
