• Q1 (1/2): Senior Connections provides a number of services. Given the rise of the aging population and inflation, what services do you see being utilized the most? #DistrictDialogues
    Richmond Fed Tue 09 Aug 2022 17:11
  • Let's get started! First, let's learn more about you. Which generation do you belong to? #DistrictDialogues
    Richmond Fed Tue 09 Aug 2022 17:11
  • Let's get started! First, let's learn more about you. Which generation do you belong to? #DistrictDialogues
    Richmond Fed Tue 09 Aug 2022 17:05
  • Before we get started with the Q&A, please remember to tag us @RichmondFed and use #DistrictDialogues to submit your questions to @sccaaa.
    Richmond Fed Tue 09 Aug 2022 17:05
  • Chris, information & outreach manager, is the community liaison and communications person for @sccaaa. #DistrictDialogues https://t.co/hJEFQdiuB4
    Richmond Fed Tue 09 Aug 2022 17:05
  • Welcome to our Twitter Chat with @sccaaa, featuring Chris Leighten. #DistrictDialogues https://t.co/QMOdobA7Dr
    Richmond Fed Tue 09 Aug 2022 17:05
  • Our recent Snapshot report shows: - #Employment grew, and the #unemployment rate remained the same - Manufacturers' activity was flat while service sector activity deteriorated - #Housing market indicators varied Learn more: Link https://t.co/eatUUSL6u6
    Richmond Fed Tue 09 Aug 2022 16:15
  • RT @LandofSkyRC: Eastern Band of Cherokee Indians Chief Richard Sneed opens the 2022 WNC Rebounding Stronger Summit along with @Russ_Harris…
    Richmond Fed Tue 09 Aug 2022 14:40
  • Here are highlights from the latest National Economic Indicators. To view additional #data on #GDP, #inflation, #employment, #investment and more, visit: Link https://t.co/ehMGFLECDf
    Richmond Fed Tue 09 Aug 2022 13:55
  • RT @wyffnews4: President and CEO of Federal Reserve Bank of Richmond discusses inflation during Upstate visit Link
    Richmond Fed Tue 09 Aug 2022 13:30
  • RT @AnthonyHui10: What an amazing summer as an intern for the @RichmondFed ! It was also great visiting Richmond for the first time, as I i…
    Richmond Fed Tue 09 Aug 2022 13:19
  • RT @NCOAging: ? Happening tomorrow at 6 p.m. EST! NCOA is participating in @RichmondFed #DistrictDialogues, where our Director of Economic…
    Richmond Fed Mon 08 Aug 2022 21:30
  • RT @GvilleChamber: Today our Accelerate Shareholders are speaking with @RichmondFed President & CEO Tom Barkin about the economy, inflation…
    Richmond Fed Mon 08 Aug 2022 21:30
  • #Register | Join us virtually for this important conversation. Link
    Richmond Fed Mon 08 Aug 2022 20:50

    Join the Federal Reserve Bank of Richmond for the third installment of District Dialogues, a forum dedicated to giving community members the opportunity to engage with experts on the biggest economic issues facing our District.

    On Tuesday, August 9, we will bring together leading experts to discuss the economics of aging in America. When you attend this session, you’ll learn:

  • Then at 6:00 p.m., we'll continue the conversation with a panel of experts who will approach the topic of aging from every stage of life. Whether you’re Gen Z, a Baby Boomer or somewhere in between, you'll leave understanding how the aging population directly impacts you.
    Richmond Fed Mon 08 Aug 2022 20:50
  • Join us tomorrow at 1:00 p.m. ET as we get ready for District Dialogues: The Economics of an Aging America with a live #TwitterChat. Guest speaker Chris Leighten, information and outreach manager at @sccaaa, will answer questions surrounding older adults and in-demand services. https://t.co/tYsdnRfMmQ
    Richmond Fed Mon 08 Aug 2022 20:50
  • RT @DukeNews: A year ago, about 75% of CFOs had an optimistic outlook on the economy. That fell to around 50% last quarter, per #TheCFOSurv…
    Richmond Fed Mon 08 Aug 2022 19:30
  • In 2019, #immigrants in cities accounted for about 15% of the #workforce. If we look at #rural areas, they only account for about 3.5%. This trend is also evident in the Fifth District. Check out this #SpeakingoftheEconomy podcast episode to learn more. Link
    Richmond Fed Mon 08 Aug 2022 13:38

    Tim Sablik: Hello, and welcome to Speaking of the Economy. I'm your host, Tim Sablik, a senior economics writer at the Richmond Fed. My guest today is Nicolas Morales. Nicolas is an economist in the Research Department here at the Richmond Fed. His research focuses on immigration, which will be the topic of our conversation today.

    Nicolas, thanks for joining me.

    Nicolas Morales: Thanks for having me. I'm happy to be here.

    Sablik: You came on the show about a year ago to talk about some of your research on the interaction between domestic and immigrant workers. We'll put a link up to that episode for anyone who's interested. One of the key points you made in that episode is that while many people voiced concerns that immigrant workers take jobs away from natives, you and other researchers have found that that's typically not the case, right?

    Morales: Yeah, that's true. There's been a lot of research on this topic by labor economists. Kind of...

  • Senior analyst Mike Hanna shares some insights around what to keep in mind when evaluating a branch closure: Link https://t.co/gXs85UimrO
    Richmond Fed Thu 16 Sep 2021 15:51

    Historically, bank branches have been an integral component of the retail-banking distribution model. However, given the rapid adoption of new technology in the financial services industry and changing customer preferences, many institutions are transitioning from the traditional physical branch model to more digitally focused channels. As a result of this shift, institutions are now forced to reexamine their physical presence within the communities they serve. There are many factors that need to be considered when evaluating whether to close or consolidate a branch. In addition to the economic and financial impact of closing a branch, it is vital that institutions also consider the legal and compliance risks related to Community Reinvestment Act (CRA) ratings and fair lending as part of a branch evaluation.

    Institutions should evaluate the impact of closing a branch office in the communities it serves, particularly to low- and moderate-income geographies or...

  • Want to learn more about Discover? Or are you searching for a summer #internship? Either way, if you're a @JMU student, register on Handshake to speak with our campus recruiters at the CISE Career Fair on 9/17, or at the Campus Wide #Career Fair on 10/1: Link https://t.co/FStBsoRma8
    Richmond Fed Thu 16 Sep 2021 15:46
  • "I love the Discover Program because I don't feel tied down to one position," shares Daniel, who joined National IT after graduating from @JMU. "I'm encouraged to explore my passions within the Fed to find a career I enjoy." #DiscoverTheFed Learn more: Link https://t.co/AJbPuRfr2V
    Richmond Fed Thu 16 Sep 2021 15:46
  • Are you passionate about #humanresources and employee engagement communications? Do you enjoy collaborating with talented team members? And do you want to contribute to our public service mission? If you answered "yes" to these three questions, #applynow: Link https://t.co/1AhLdXJuiF
    Richmond Fed Thu 16 Sep 2021 00:10
  • Today is the first day of #HispanicHeritageMonth, which is a time to honor the cultures and contributions of Hispanic and Latinx individuals. We asked members of VITAL to share how they will honor the month. First up is Liz from Supervision, Regulation & Credit. https://t.co/TPyNN0POCQ
    Richmond Fed Wed 15 Sep 2021 17:15
  • Rural communities are adopting a new "2Gen approach” that addresses the needs of families living together. Our latest #RuralSpotlight looks a community action agency in Garrett County, #Maryland that has been at the forefront of this model: Link https://t.co/2HbuiOvs8d
    Richmond Fed Wed 15 Sep 2021 14:55


    Poverty has remained persistently high in rural areas since the 1960s when these data were first officially tracked. According to estimates from the 2019 American Community Survey (ACS), the nonmetropolitan poverty rate was 15.4 percent, compared with 11.9 percent in metro areas. Rural poverty can often be attributed to poor access to employment opportunities and low educational attainment, among other factors.

    Nationwide, rural communities are adopting a new approach to help families break the cycle of poverty. Often referred to as two-generation, intergenerational, multigenerational, or whole-family strategies, this holistic approach concurrently addresses the needs of entire families living together. A rural community action agency (CAA) in Garrett County, Maryland, has been at the forefront of this model — its pioneering strategy has received national acclaim and is constantly being studied, replicated, and adapted.

    Garrett County...

  • Want a snapshot of our latest analysis, news and events on economic issues that affect our communities? Subscribe to our #AroundOurDistrict newsletter! Read the first edition now and then hit #subscribe in the top left corner to join the list: Link https://t.co/mygZ30SgKb
    Richmond Fed Tue 14 Sep 2021 21:09
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