In its most recent semiannual New England Community Outlook
Survey, the Federal Reserve Bank of Boston covered the availability of
credit for small businesses, issues facing lower-income communities, and
issues affecting suburban lower-income communities.
Survey respondents were asked to rank the top challenges facing lower-income communities. They ranked job availability, access to affordable housing, federal and state budget cuts, and adult workforce development as the top five challenges for the six months covering October 2013 to February 2014. The same top four challenges were cited in the previous six-month period (May 2013 to October 2013.) Crime and access to higher education replaced home foreclosures and credit scores in the list of top 10 challenges.
The survey, in its report on issues affecting suburban lower-income communities, focused on two specific metropolitan areas in Connecticut: Hartford and New Haven. However,, the authors note that the challenges described could apply to any suburban neighborhood in New England.
To access a copy of this survey, please visit:
Federal Reserve Bank of Boston: New England Community Outlook Survey (August 2014)
Media report:
Hartford Courant: Connecticut’s Suburban Poor ‘Lost In The Shadows,’ Report Says (14 AUG 14)
Background information:
Federal Reserve Bank of Boston
Survey respondents were asked to rank the top challenges facing lower-income communities. They ranked job availability, access to affordable housing, federal and state budget cuts, and adult workforce development as the top five challenges for the six months covering October 2013 to February 2014. The same top four challenges were cited in the previous six-month period (May 2013 to October 2013.) Crime and access to higher education replaced home foreclosures and credit scores in the list of top 10 challenges.
The survey, in its report on issues affecting suburban lower-income communities, focused on two specific metropolitan areas in Connecticut: Hartford and New Haven. However,, the authors note that the challenges described could apply to any suburban neighborhood in New England.
To access a copy of this survey, please visit:
Federal Reserve Bank of Boston: New England Community Outlook Survey (August 2014)
Media report:
Hartford Courant: Connecticut’s Suburban Poor ‘Lost In The Shadows,’ Report Says (14 AUG 14)
Background information:
Federal Reserve Bank of Boston
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