ABA Data Bank: Supporting Rural America
U.S. banks extended $174 billion in farm loans in 2020, of which $98.5 billion came from farm banks that specialize in the ag space.
Browsing: Economy
What’s Driving the Hottest CRE Markets: Housing, Housing, Housing
With post-pandemic effects hindering many traditional CRE markets, developers are turning to multifamily housing to meet demand.
Podcast: How Small Businesses Survived COVID and Are Poised for Recovery
The post-COVID economy is snapping back in a big way. Are small businesses prepared to capitalize on the recovery?
Fed: Economic Risks Remain Even as Vaccinations Reduce Effects of Pandemic
Risks to the economic outlook remain even as progress on vaccinations will likely continue to reduce the effects of the coronavirus pandemic, the Federal Open Market Committee said today, adding that the path of the economy will significantly depend on the course of the virus.
Housing Starts Decreased in May
Housing starts decreased to a seasonally adjusted annual rate of 1.572 million in May, according…
Robust Capital Markets Showcase Just How Far We Have Come Since the Darkest Days of the Pandemic
The economy is on pace for a historic recovery just over a year after lockdowns swept across the country.
Producer Prices Rose 0.8% in May
The Producer Price Index for final demand increased 0.8% in May, seasonally adjusted, the U.S.…
Industrial Production Increases in May
Industrial production increased 0.8% in May. Total industrial production in May was 16.3% higher than…
ABA Foundation Releases Infographic on Gaps in Homeownership Rates
As part of American Housing Month, the ABA Foundation today released a new infographic highlighting gaps in homeownership rates, barriers faced by younger generations and communities of color trying to own a home—as well as resources banks offer to overcome those barriers.
Home Builder Confidence Falls in June
The National Association of Home Builders/Wells Fargo Housing Market Index fell to 81 in June.…