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What Businesses Are Saying: Steady Overall With Pockets of Stress

On-the-ground insights from our regional executives

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As a regional Reserve Bank, we’re driven by our public service mission to strengthen the economy and our communities across the Fifth District.

Daniel Davis

"What strikes me about rural economic development barriers is that they're often the same challenges you see in urban areas: workforce shortages, housing affordability, child care access, and infrastructure gaps. The difference isn't the nature of the problem; it's the resources and organizational capacity available to address it."

Daniel Davis
Group Vice President for Regional Economics

Speaking of the Economy Podcast, The Challenges and Opportunities of Rural Economic Development, July 15, 2026

By the Numbers

was the average rating from CFOs when asked between May 18 and June 5 to rate their optimism about the overall U.S. economy on a scale from 0 to 100, falling slightly from 61.7 in the first quarter of 2026.
flanagan

"I fight fraud through phishing awareness and training."

- Michelle, System IT Information Security