Nov 16, 2022

New York Fed says consumers are getting deeper in debt

The Fed's consumer credit report, due out today, will show whether people are continuing to take on more and more debt. Getty Images

The increase in credit card debt is the biggest in decades, but let's look beyond. For the Economic Pulse, we speak to the founder of a nonprofit that helps Black business owners get established in the Mississippi Delta.

Segments From this episode

Economic Pulse

How a Mississippi nonprofit helps Black entrepreneurs get funded

by David Brancaccio and Jarrett Dang

Nov 16, 2022

Tim Lampkin, CEO of Higher Purpose Co., says his organization serves as an adviser and "capital matchmaker" for business owners.

Higher Purpose Co. Founder and CEO Tim Lampkin (center) with Therapy Plus CEO LeJeune Johnson (left) and BloomTech Developments CEO Melissa Bloom (right).

Courtesy Innovate Mississippi

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The team

David Brancaccio Host

Victoria Craig Host, BBC

Stephen Ryan Senior Producer, BBC

Meredith Garretson Morbey Senior Producer

Erika Soderstrom Producer

Alex Schroeder Producer

Redmond Carolipio Digital Producer

Ariana Rosas Producer

Jarrett Dang Digital Producer (gone fishing)

Jesson Duller Media Producer

Nick Esposito Media Producer

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