Wednesday - November 27, 2024
Fed: Out of Sight, Out of Mind: Nearby Branch Closures and Small Business Growth
September 14, 2024
WASHINGTON, Sept. 14 (TNSres) -- The Federal Reserve issued the following white paper (No. 2024-071) on July 29, 2024, entitled "Out of Sight, Out of Mind: Nearby Branch Closures and Small Business Growth". The report is written by principal economist Ben Ranish, Andrea Stella and Jeffery Zhang of the University of Michigan.

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Abstract:

Since 2010, the total number of commercial bank branches in the United States has fallen by about 20%. Do br . . .

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