People stand on the Seaside Heights boardwalk in New Jersey two years after superstorm Sandy on Oct. 29, 2014. It’s now been nearly three years since the storm, and researchers at the Federal Reserve Bank of New York say communities’ ability to borrow helps explain their pace of recovery.
KENA BETANCUR/GETTY IMAGES

Income and wealth can tell us a lot about a community’s ability to bounce back from a disaster—be it a financial crisis, hurricane or destructive protests. But there’s another metric that’s often overlooked: the ability of a community to access credit.
In the years since the financial crisis, experts have Read More

Source:: wsj