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CFO Outlook: Steady Overall but Weaker for Small and Financially Constrained Firms

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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.

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"It is a really unusual environment. We did not have a recession. We did not have a big spike in layoffs. But we do have a low job finding rate, and declining at that. This is what sometimes people describe as the ‘low hire, low fire’ environment."

Claudia Macaluso
Senior Research Economist

Speaking of the Economy Podcast, The Rise in Long-Term Unemployment, September 2, 2026

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By the Numbers

67
of Fifth District counties are classified as rural (2 out of 3), all of which can benefit from the Center for Rural Economies and the Rural Investment Collaborative.
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"I fight fraud through phishing awareness and training."

- Michelle, System IT Information Security