How Nonprofits Drive Economic Activity in New York’s North Country
On our recent regional visit to New York’s North Country, we heard from stakeholders that delivering essential social services can be a major challenge due to the area’s vast geography and low population density, and that the nonprofit sector plays a critical role in addressing this issue. Building on our earlier report, this article examines how nonprofits support low- and moderate-income communities in both small towns and larger municipalities across the North Country.
Unique Geography, Common Challenges: Regional Visit Reflects Varied Aspects of North Country Economy
New York Fed President John C. Williams traveled to the North Country region of upstate New York last month to hear from stakeholders about local economic conditions. He met with government officials, business owners, veterans and military families, and nonprofit and community leaders during this two-day Second District regional visit.
Regional Visit Shows Housing Affordability, Infrastructure as Top Issues for Businesses and Communities on Long Island
On February 28, New York Fed President John C. Williams traveled to Long Island to hear from local stakeholders about economic conditions in the region. Long Island is part of the Federal Reserve’s Second District, which, in addition to New York State, includes Northern New Jersey; Fairfield County, Connecticut; Puerto Rico; and the U.S. Virgin Islands. During the daylong visit, President Williams met with government officials, business owners, and nonprofit and community leaders. Here are the key themes that emerged in the day’s meetings and discussions.
Slow Road to Recovery: U.S.V.I. Sees Signs of Resilience Amid Range of Difficulties
New York Fed President John C. Williams traveled to the U.S. Virgin Islands last month to hear from government officials, students, business owners, and nonprofit and community leaders about economic conditions in the territory. The U.S. Virgin Islands (U.S.V.I.) are part of the Federal Reserve’s Second District, which also encompasses New York State, northern New Jersey, southwestern Connecticut, and Puerto Rico.
Growth, Housing, Jobs, and Education: Hearing Firsthand About Fairfield County’s Economy
On March 31, New York Fed President John C. Williams traveled to Fairfield County, Connecticut, to hear from local stakeholders about economic conditions in the region. Fairfield County is part of the Federal Reserve’s Second District, which also encompasses New York State, Northern New Jersey, Puerto Rico, and the U.S. Virgin Islands. During the daylong visit, President Williams met with government officials, students, business owners, job seekers, and nonprofit and community leaders. Here are the key themes that emerged in these meetings and discussions:
Tech, Tourism, and Training: Hearing Firsthand About Buffalo’s Evolving Economy
In October, New York Fed President John Williams traveled to Buffalo to hear from local stakeholders about economic conditions in western New York as the region emerges from the pandemic. During the two-day visit, he met with government officials, business leaders, higher education representatives, and nonprofit and community leaders. Here are key themes that emerged in these meetings and discussions.
Puerto Rico Regional Visit, Part 2: Ports of Call on the West Coast
In July, New York Fed President John Williams traveled to western Puerto Rico to meet with community development and small business leaders, higher education officials, and aerospace industry representatives. The visit to west coast capped off a two-day trip to the island, part of a broader effort by the New York Fed to gain a deeper understanding of regional economic conditions in the Federal Reserve’s Second District. In the second part of this two-part series, we discuss what we learned on our visit.
Puerto Rico Regional Visit, Part 1: On the Ground in Metro San Juan
In July, New York Fed President John Williams traveled to Puerto Rico to meet with local nonprofit and community leaders, government officials, and business and higher education representatives, with the aim of understanding economic conditions as the island emerges from the pandemic and continues on the road to recovery from major hurricanes. In this two-part series, we will share what we learned on our visit. Today’s post centers on takeaways from engagements in the San Juan metropolitan area, and tomorrow’s post will focus on the island’s west coast.
Key Takeaways from President Williams’s Speech on the Economic Outlook, Monetary Policy, and Puerto Rico
On Friday, July 8, New York Fed President John Williams spoke about inflation, the economic outlook, monetary policy, and Puerto Rico’s economy at the University of Puerto Rico — Mayagüez campus.
Garden State of Mind: From the Shore to the Capital to Brick City
In his final regional visit of 2019, President Williams traveled to Asbury Park, Trenton, and Newark, New Jersey, where he met with community and business leaders, local elected officials, and statewide agency heads. New Jersey is the nation’s most urban and densely populated state, and is among its most wealthy and diverse — factors that loomed large during the daylong visit. Topics of discussion included housing affordability, the intersection between workforce development and higher education, the significance of anchor institutions, and strategies for addressing gentrification.