Category Archives: Detroit

Introducing the Michigan Economy

Written by William Testa Followers of the Community Development and Policy Studies blog will be interested to learn that the Detroit Branch of the Chicago Fed have launched a blog that focuses on the Michigan Economy. This blog will serve … Continue reading

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Leveraging Resources for Small Businesses in Detroit

Written by Robin Newberger and Maude Toussaint-Comeau During the past year, the Federal Reserve Bank of Chicago’s Community Development and Policy Studies division has been studying the changing financial landscape of Detroit and its implications for access to financial services … Continue reading

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Changing Banking Infrastructure: Access to Credit by Detroit’s Small Businesses

The story of distress in Detroit has been well-told from the riots of the 1960s through the near-collapse of the auto assemblers in 2008. The table below shows Detroit’s dramatic population loss since 1970, while both Michigan and the United … Continue reading

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