Capital levels offer a glimpse into the health of the banking system. Here we analyze the tier-1 risk-based capital at banks of different sizes. We look at banks with less than $100 million in assets up to banks with more than $10 billion and compare their capital levels to levels regulators deem sufficient.
Households’ Expenditures on Services and the Recovery
Real GDP grew at an annualized rate of 3.6 percent in the third quarter of 2013 according to the Bureau of Economic Analysis’s second estimate—considerably above the advance estimate of 2.8 percent that was released in November. The slow recovery from the Great Recession is now a well-established fact and here we take a closer look GDP components.
The Pittsburgh Labor Market
Though the United States has been experiencing one of the weakest labor markets in decades, employment conditions in the Pittsburgh area have been much more favorable in recent years. While employment fell 5.4 percent across the US during the Great Recession—the steepest decline since the 1930s—in the Pittsburgh metropolitan statistical area (MSA), it fell by about half as much (2.7 percent).