ABA Data Bank: Banks Increase Employment 0.71% in First Half of 2020
Despite the unprecedented economic dislocation caused by the COVID-19 pandemic, banks have remained a stable source of employment.
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Employment and Health Effects from COVID-19 Containment Measures
As new data has emerged, it appears that states that were faster to reopen saw increased coronavirus spread with uneven economic benefits.
ABA Data Bank: Banks of All Sizes Helped Provide Critical Financial Lifeline to Small Biz
Breaking down of Paycheck Protection Program lending by banks in the second quarter (through June 30, 2020), by asset size.
ABA Data Bank: Consumer Expectations Stretch Out for Post-COVID Economic Recovery
Four out of five consumers now expect the COVID-19 outbreak to last one to two years, according to the Cleveland Fed’s Consumers and COVID-19 survey. That’s up from only 34.2% when the survey began on March 10.
ABA Data Bank: Minority-Owned Small Businesses See Larger COVID-19 Effects
While the coronavirus pandemic has harmed small businesses across the board, minority small business owners report disproportionately large effects, according to the latest Wells Fargo/Gallup Small Business Index survey.
ABA, Groups Support Automatic Forgiveness for PPP Loans under $150K
The American Bankers Association joined a broad coalition of nearly 150 trade associations and advocacy…