Journal Article

New measures of economic growth and productivity in upstate New York


Abstract: Newly available measures of GDP at the metropolitan area level now afford a more comprehensive view of regional economic activity. An analysis of upstate New York's economic performance using these measures points to below-average output growth between 2001 and 2006 along with productivity levels and productivity growth below the U.S. average. The region's performance overall, however, is somewhat better than that of many manufacturing-oriented metro areas in the Great Lakes region.

Keywords: Industrial productivity - Measurement; Gross domestic product; Federal Reserve District, 2nd; Productivity;

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Bibliographic Information

Provider: Federal Reserve Bank of New York

Part of Series: Current Issues in Economics and Finance

Publication Date: 2008

Volume: 14

Issue: Dec

Order Number: 9