The  Small Business Credit Survey (SBCS) has been administered nationally since 2016 by the 12 Federal Reserve Banks in collaboration with a network of hundreds of community and business groups throughout the country. The SBCS gathers information from thousands of small-business owners on business conditions and characteristics, credit experiences, and owner demographics. It continues to be the largest national dataset of its kind, and its reports provide awareness of small business challenges and how owners respond to them. 

During this webinar, Federal Reserve experts provided an in-depth look at findings from the 2026 Report on Employer Firms. They explored key insights from the 2025 Small Business Credit Survey, including:

• Business financing needs
• Credit approval outcomes and challenges
• Customer dynamics and trade activity
• Adoption of artificial intelligence

This session offered timely, data-driven perspectives for those working directly with small businesses, supporting economic development efforts, or seeking to better understand the current small business landscape. Attendees gained actionable insights into the challenges and opportunities shaping small businesses nationwide.

• Business financing needs
• Credit approval outcomes and challenges
• Customer dynamics and trade activity
• Adoption of artificial intelligence

This session offered timely, data-driven perspectives for those working directly with small businesses, supporting economic development efforts, or seeking to better under stand the current small business landscape. Attendees gained actionalbe insights into the challenges and opportunities shaping small businesses nationwide.

Where an individual lives can play a role in shiping their employment opportunities and interactions. While issues related to where a person is located have been overshadowed by issues related to an individual's personal circumstances, this is starting to shift.

During this seminar, presented by the Federal Reserve Board of Governors on April 2, 2026, experts from research and policy discussed how location affects job markets and can contribute to income inequality.

Occupational and economic mobility are crucial for a healthy economy that supports all. In this Connecting Communities webinar, learn more about the Federal Reserve Banks of Philadelphia and Cleveland's Occupational Mobility Explorer (OME) and the Federal Reserve Bank of Atlanta's Career Ladder Identifier and Financial Forecaster (CLIFF) tools. The OME sheds light on skills-based career pathways in the US labor market for jobseekers and employers. CLIFF tools help workers understand how career advancement decisions may affect public benefits, taxes, and tax credits. Together, these two tools can help workers and employers identify potential career advancement opportunities and better understand how such trajectories might better position them for greater economic stability.

The session provides a brief overview of each tool and demonstrates how they can be used together to help individuals understand their economic mobility journey. This includes a better understanding of their possible career paths and the potential financial implications of specific occupational choices. Panelists from organizations that use data resources, including these tools, shared their perspectives on skills-based hiring, helping workers navigate benefits cliffs, and ways to foster partnerships with employers.

Related resources:

• Occupational Mobility Explorer
• Career Ladder Identifier and Financial Forecaster
• Fed Communities' Benefits Cliff story series
• Powerful tool helps job seekers chart a path to higher-paying roles

How your community experiences the economy—whether you and your neighbors can access employment, afford your home or small business expenses, or save for future goals—matters to the Federal Reserve. Through its community development function, the Federal Reserve builds relationships and regularly engages with communities in every region of the country. The first-hand insights and real-time impressions of economic conditions that arise from these community connections help inform the Federal Reserve's work.

During this special conversation with Governor Michael S. Barr, the Federal Reserve Board's oversight governor for consumer and community affairs, we will explore the importance of community engagement. Governor Barr discusses how community engagement helps Fed decisionmakers better understand Americans' day-to-day-economic experiences, concerns, and opportunities. Hear more about Governor Barr's background in community development and its role in his work over the years. Learn more about what he is hearing from communities and businesses around the country and the value he and the Fed gain from these community insights.

Every two years, the 12 Federal Reserve Banks survey community development financial institutions (CDFIs) about industry conditions. During this Connecting Communities webinar, participants learned more about what CDFIs have shared, including:

• How demand for CDFI's products and services changed over the past year and how it might evolve in the future,
• How CDFIs leverage public funding to accomplish their work, and
• What challenges CDFIs encountered in meeting demand and delivering on their mission.

In addition to sharing the CDFI Survey results, Federal Reserve staff connected with community development leaders and financial institutions to gain a deeper understanding of economic conditions affecting a broad range of consumers, individuals, and businesses. Attendees hear more about this outreach, including how the Federal Reserve engages with local community development lenders and what we've learned from several CDFI success stories.

2025 CDFI Survey Key Findings Report: https://www.richmondfed.org/region_communities/regional_data_analysis/surveys/cdfi/survey_results/cdfi_survey_key_findings_2025

CDFI Survey Results Over Time: https://www.richmondfed.org/region_communities/regional_data_analysis/regional_matters/2025/cdfi_survey_results_over_time

This Connecting Communities podcast explores key findings from the 2025 Community Perspectives Survey, which was conducted in April and May 2025. The survey captured the current conditions and future outlook of low- and moderate-income (LMI) communities across a range of critical issues, including:

Economic mobility

• Labor market trends
• Housing
• Financial stability
• Small business conditions
• Health
• Digital access
• Education

The session also explored the capacity and needs of organizations that serve LMI communities – focusing on their ability to deliver services, access resources, maintain staffing, and managing expenses.

How resilient is your community's workforce?

A strong, adaptive workforce is a key driver of community stability. During this Connecting Communities webinar, Bill Rodgers, vice president of Community Development Research at the Federal Reserve Bank of St. Louis, presented on current trends in the labor market. A panel of workforce experts and practitioners delved into actionable strategies that you can implement to proactively build and maintain a more resilient workforce in your community.

June 5, 2025- During this Connecting Communities webinar, researchers from the Federal Reserve Board of Governors presented the key findings from the annual Survey of Household Economics and Decisionmaking (SHED). This survey was fielded in October 2024 and released on May 28, 2025. The SHED is a key tool of the Federal Reserve Board, as it helps to understand the financial circumstances of low-income families and understanding potential risks to their financial health. The researchers discussed trends in family finances, employment, and the financial risks faced by U.S. adults.

In addition to monitoring major aspects of household financial circumstances on an ongoing basis. Each year the survey also covers other topics that can directly affect financial well-being. In 2024, the survey included new questions on financial fraud, reintroduced questions on gig work, and expanded the modules on caregiving and homeowners' insurance—answers to which were covered in this session. Additionally, the survey continues to ask questions on the use of credit products, savings, and housing.

Additional Resources:

Survey of Household Economics and Decisionmaking (SHED): https://www.federalreserve.gov/consumerscommunities/shed.htm