SF Fed Blog
-
Mothers in a Pandemic Labor Market
COVID-19 disrupted all aspects of life, leading to steep declines in labor force participation across genders, races, and ethnic groups. Mothers experienced sharper and longer-lasting declines than fathers, and participation rates for Black mothers and Hispanic mothers were among the most affected.
-
PPP Boosts 2020 Bank Profits, but Impacts Loan Growth in Q4
The Supervision + Credit team’s quarterly First Glance 12L report shows that Paycheck Protection Program loan forgiveness boosted quarterly bank profits but eroded loan growth in 2020’s 4th quarter.
-
What We Learned about Residential Instability in the Bay Area
Using data on mobility from the Federal Reserve Bank of New York’s Consumer Credit Panel/Equifax Data, we examined the moves of individuals in the San Francisco Bay Area from 2002–2018 to better understand moving patterns by socioeconomic status. Here’s what we found.
-
$3 Trillion a Year and Growing: Potential Economic Gains from Equity
Systemic inequities that limit the full potential of women and people of color bear real economic costs for every American. In a new SF Fed working paper coauthored with President Mary C. Daly, we find that labor market disparities by gender and race cost the U.S. $2.6 trillion in foregone GDP in 2019, and we estimate that these annual costs will continue to grow.
-
Celebrating Nowruz a la COVID-19
The ancient holiday of Nowruz begins at the stroke of the vernal equinox, marking the beginning of spring. The thirteen-day festival celebrates the rebirth of nature and includes renewing relationships with family and friends and lots of good food. Assistant Manager, Business Operations Mana Shahvaran-Jam shares how her family prepared for this year’s Nowruz, along with her recipe for nan-e nokhodchi (chickpea cookies).
-
Zip Code Economies Season 1.5: Under Pain Lives Hope
In Zip Code Economies Season 1.5, SF Fed President Mary C. Daly reconnects with some of the most memorable people featured in the podcast’s first season. Watch the trailer.
-
In Solidarity with the Asian American and Pacific Islander Community
SF Fed President Mary C. Daly’s statement about the recent violence against Asian Americans and Pacific Islanders.
-
For Consumers in This Time of Pandemic, Cash Remains a Comfort
Since the start of the COVID-19 pandemic last year, many consumers have stockpiled cash along with hand sanitizer, disinfectant, and toilet paper. Cash remains popular with consumers, and many say they are holding onto more cash savings at home than before the pandemic began.
-
A Thriving Labor Force Starts At Birth: The Role of Community Development in Reducing Racial Health Inequities at Birth
Birth outcomes are a reflection of how well we are doing as a country. And unfortunately, we are doing poorly relative to comparable countries, even prior to the current crisis related to COVID-19. Broadening the framework of how we think about health and developing approaches to interrupt cycles of intergenerational inequities is essential to our future labor force and to our economy on the whole.
-
The Highs (and Lows) of COVID-era Real Estate
COVID-19 has impacted residential and commercial estate in vastly different ways. See how historically low-interest rates have factored into home sales and vacancy rates across the Twelfth District.