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What Is Driving the Differences in Inflation Within the Midwest?
In this article, we explore differences in inflation dynamics across cities (and other areas) within the Midwest. We look independently at the impact of consumption patterns and price changes by expenditure categories, and find that the recent gaps in inflation across midwestern cities have existed largely because of disparities in price changes for housing and transportation, as well as differences in the consumption patterns (as captured by expenditure weights) for transportation and housing.
Newsletter
What is driving the differences in inflation across U.S. regions?
In this article, we explore differences in inflation dynamics across U.S. regions. Looking independently at the impact of consumption patterns and inflation by expenditure categories, we find that recent gaps across regions have existed largely because of different regional inflation rates for the housing category. Yet we also find that overall inflation is very highly correlated across regions.
A Summary of Lending to Childcare Businesses Under Programs of the U.S. Small Business Administration
Childcare is a facilities-intensive industry and access to capital is critical for entrepreneurs seeking to open or expand childcare businesses. Yet experts tell us that thin profit margins and limited collateral can make it difficult for childcare business owners to get loans to operate their businesses and upgrade their facilities.