Promoting a safe, sound, and stable banking and financial system, and fair and transparent financial services
First Glance 12L
The 1Q19 issue of First Glance 12L notes decelerating growth in District jobs, home prices, and lending. Quarterly bank profits came under pressure in part because of seasonal effects on asset yields and shifts to costlier funding sources. This quarter’s Spotlight feature discusses the District’s potential economic exposure to rising tariffs.
Banks at a Glance – Bank Profiles by State
Economic conditions across the SF Fed’s nine-state region remained favorable in the second half of 2018, although job and home-price growth cooled in most states. Average bank profitability increased in regional states, while loan growth was mostly stable or declining. See Banks at a Glance for more information.
This publication highlights some of the questions and implications that have arisen from the passage of California’s Consumer Privacy Act of 2018.
Real Estate Lending Risks Monitor
This issue of the Real Estate Lending Risks Monitor focuses on office sector performance, as well as the impact of coworking space on office demand in the 12th District.
First Glance 12L
The 4Q18 issue of First Glance 12L notes continued strong bank performance. At the same time, District job growth slowed and sentiment regarding future loan demand, credit performance, and economic conditions weakened. Some housing markets and price tiers showed signs of softening. A new Spotlight feature discusses bank branching trends.
Korea has some of the most supportive policies for startups and small businesses, including an abundant supply of government-backed loans, due to their role as an employment engine. Support for small businesses is poised to remain strong as the country undergoes a strategic shift toward inclusive and innovation led growth. However, critics point to data suggesting government programs enable poor performance among companies. In response, policymakers have introduced measures to diversify financing, increase the role of capital markets, and improve productivity.