Blog Posts

A large share of households across the western United States suffered employment income losses during the pandemic, with racial and income divides compounding inequities. Here’s what happened in our District in Q2.

While China’s economy plunged following the outbreak of COVID-19, official data report that it has rebounded sharply. The San Francisco Fed’s China Cyclical Activity Tracker confirms this, indicating modestly higher activity than China’s official data for the second quarter of 2020.

The Fed wrapped up an extensive review of its monetary policy strategy, tools, and communication practices with an update to the long-term goals for employment and inflation. What does that mean for you? Let’s rewind.

Which new norms of remote work will make it back into businesses after the pandemic? President Daly explored the question with a few experts, and here’s what we learned.

Nonprofits in Los Angeles have faced rising real estate costs in recent years. Now, with the economic downturn related to the COVID-19 pandemic, they face revenue shortages. Nonprofits need assistance to secure affordable operating space in the communities they serve.

Access to affordable child care is crucial to parents’ ability to participate in the workforce, so we’re taking a deep dive into the challenges facing the child care market as well as the investments and partnerships needed to support child care providers.

Nonprofit organizations provide critical services for low-income communities, communities of color, and the LGBTQ community, particularly in times of crisis. Our new report, based on a survey and interviews, finds that many nonprofits in the Los Angeles region faced displacement pressures going into the pandemic due to the high cost of renting or purchasing operating space.

The additional $600 in Pandemic Unemployment Compensation payments relieved the financial burden of those most in need without dissuading a return to work. A job is worth much more than temporary unemployment insurance payments.

Small- and medium-size enterprises provide just under half of all jobs amongst employers in our District. Here’s a glance at how COVID-19 impacted their businesses during that time.

Here are 10 things to know about how COVID-19 impacted residential and commercial real estate values, vacancies, and lender outlooks in the first quarter.