The FED Said Once upon a time, tariffs—the fees levied on imported goods—were revenue-raising instruments for the federal government as much as protection for fledgling American industries. Hefty tariffs were the U.S. government’s primary source of revenue from 1790 to 1914, pointed out Federico Mandelman, an Atlanta Fed research economist. Put simply, in the 1800s, America […] Read more
The FED Said Where a public housing project once stood on the western fringe of downtown Atlanta, a garden grows. Each year, the three-acre patch produces 35,000 pounds of kale, broccoli, collards, tomatoes, and other produce for four farmers markets and other local outlets. The Truly Living Well Center for Natural Urban Agriculture is a staple in […] Read more
Did you know that only 29.7 percent of Americans over the age of 25 have attained a four-year college degree?1 Given many policymakers’ focus on increasing the share of individuals who attain a degree, that may sound like a surprisingly low number. It leaves a large group of American workers who do not have a four-year […] Read more
Federal Reserve Bank of Atlanta Summary of Economic Activity Aside from hurricane effects, Sixth District business contacts described economic conditions as improving at a modest pace from mid-August through September. The outlook among firms remained optimistic with the majority of contacts expecting growth to be slightly above current levels for the remainder of the year. […] Read more
Equifax, the Credit Reporting Industry, and What Congress Should Do Next Even for the experts, the recent data breach at Equifax was staggering. The data that undergirds the credit records of 143 million consumers was compromised. Social Security numbers, dates of birth, and drivers’ license records are used to authenticate identity. It is not difficult […] Read more
How Tampa Bay businesses can keep going in the eye of the storm Employees should be at the top of the list of importance as businesses prepare for a hurricane or other natural disaster. Staging drills, setting up employee contact systems and ensuring mission-critical workers can do their jobs remotely are among the key steps […] Read more
Florida banks hit ‘pivotal point’ from Tampa Business News – Local Tampa News | The Tampa Bay Business Journal by Margie Manning Banks in the Sunshine State hit a benchmark on March 31 that they haven’t seen since early 2009. The ratio of nonperforming assets to total assets fell below 5 percent in every region of Florida during […] Read more
C1 Bank, USF St. Petersburg collaborate on Banking Institute – Tampa Business News – Local Tampa News | The Tampa Bay Business Journal C1 Bank, the University of South Florida St. Petersburg, the Florida High Tech Cor… by Jo-Lynn Brown on Apr 17, 2013 7:30 AM C1 Bank, the University of South Florida St. Petersburg, the Florida […] Read more