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Journal Article
How diversified is New England?
Rosengren, Eric S.
(1990-11)
Despite steady growth in the United States economy over the past eight years, several regions of the country have suffered severe economic slumps. Oil-producing and agricultural states in particular have experienced economic conditions that usually occur only during national recessions. Lack of diversity in the economies of these regions contributed to their economic problems. ; Recently, it has been New Englands turn; its economic performance has deteriorated significantly. This article examines the diversity of the New England economy. The author finds that New England has a diverse ...
New England Economic Review
, Issue Nov
, Pages 3-16
Briefing
Recent Trends in Residential Segregation in New England
Chiumenti, Nicholas
(2020-04-08)
Residential segregation in Boston has drawn considerable attention in recent years, but much less notice has been given to the issue with respect to the rest of New England. This regional brief focuses on residential segregation between all minority groups and non-Hispanic white residents in metro areas throughout the region. New England’s population is predominately non-Hispanic white; however, the region has diversified considerably since 1990, as most of the population growth has occurred among minority groups. Residential segregation by race/ethnicity declined over that same period in ...
New England Public Policy Center Regional Brief
, Paper 2020-01
Briefing
Impact of the COVID-19 Pandemic on New England Homeowners and Renters
Chiumenti, Nicholas
(2020-05-18)
Job losses and likely layoffs related to the COVID-19 pandemic will put many New England residents at risk of not being able to pay their mortgage or rent and needing financial assistance and state-government safeguards to remain in their homes. Economic interventions from Congress, primarily through the federal CARES Act, include direct payments to households and increased unemployment insurance benefits that are expected to provide vital support to many of these households for the next three to four months. Even with these efforts, 2 to 3 percent of New England homeowners and 9 to 13 ...
New England Public Policy Center Regional Brief
, Paper 2020-02
Journal Article
Fiscal condition of the New England states
Tannenwald, Robert
(1999-06)
New England Economic Indicators
, Issue Jun
, Pages i-iv
Briefing
A Portrait of First District Banks
Wang, J. Christina
(2024-08-07)
This Regional Brief sketches a portrait of the banks in the Federal Reserve System’s First Federal Reserve District, which includes all of New England except Connecticut’s Fairfield County. It highlights a few characteristics that distinguish the district’s banking industry, noting that, relative to the rest of the United States, larger shares of the region’s banks are state (Federal Reserve System) member banks, state savings banks, and cooperative banks, and the share of banks classified as community banks is twice as large.
New England Public Policy Center Regional Brief
, Paper 2024-2
Journal Article
Downtown New England: center cities thrive when connected to their regions
Campbell, John
(1991-10)
Regional Review
, Issue fall
, Pages 6-13
Briefing
Evictions in New England and the Impact of Public Policy during the COVID-19 Pandemic
Chiumenti, Nicholas
(2022-12-15)
To stave off a flood of evictions during the COVID-19 pandemic, which was the feared outcome when millions of renting households were suddenly unemployed, Congress and many states implemented policies that included eviction moratoriums and federally funded rental-assistance programs. These programs succeeded in keeping millions of renters housed and driving eviction rates down in the early months of the pandemic. The number of evictions filed in New England declined 56 percent in 2020 and 39 percent in 2021 compared with the average number of evictions filed annually from 2017 through ...
New England Public Policy Center Regional Brief
, Paper 2022-2
Briefing
Rental Affordability and COVID-19 in Rural New England
Chiumenti, Nicholas
(2021-04-21)
Although a shortage of affordable rental housing is often framed as an urban-area issue, rural communities also suffer from this problem. On average, rural and urban renters spend similar shares of their income on rent and have comparable rates of housing-cost burden. Years of slow income growth and skyrocketing rents, particularly during the 2000–2010 period, have eroded slack in household budgets that may have gone toward other expenses or toward savings. The coronavirus pandemic likely has exacerbated affordability problems by putting many rural residents out of work. The share of jobs ...
New England Public Policy Center Regional Brief
, Paper 2021-1
Journal Article
Small business lending in New England
Rosengren, Eric S.
(1994-07)
New England Banking Trends
, Issue Sum
, Pages 3-8
Journal Article
New England banks and the Texas experience
Simons, Katerina
(1990-09)
New England banks are currently suffering from problems similar to those that caused the demise of many Texas banks. In both cases, a boom in the real-estate sector was followed by a sharp contraction caused by weakness in the leading sectors of the economy. In both cases, banks had greatly expanded their real-estate lending, and the declining real-estate prices produced substantial loan losses. ; This study suggests, however, that these similarities do not imply that New England will go on to repeat the Texas experience. The author finds that New England does not suffer from construction ...
New England Economic Review
, Issue Sep
, Pages 55-62
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