The exact impact of anchor institutions, specifically higher education and health-care organizations, on regional economies has not always been clear. How reliant are local economies on anchor institutions? Is there a way to measure reliance, and if so, is there such a thing as a “good” or “bad” score? Philadelphia Fed President Patrick Harker asks Deborah Diamond, director of the Anchor Economy Initiative.
What Is the Anchor Economy Initiative?
30 Jan ’23
Can the Anchor Economy Dashboard help us see the full picture of how anchor institutions impact regional economies? Philadelphia Fed President Patrick Harker sat down with Deborah Diamond, director of the Anchor Economy Initiative, to learn more.