Journal Article

National and regional factors in the metropolitan economy


Abstract: The connections between broad economic indicators in the metropolitan region and their national counterparts are examined by the authors. The authors show that over the last seven years, employment growth has been poor in both absolute terms and relative to the nation, possibly indicating a region in decline. However, they note that the region's income growth has been considerably better than its employment growth, suggesting a region whose goods and services remain in healthy demand.

Keywords: Federal Reserve District, 2nd; New York (N.Y.);

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Bibliographic Information

Provider: Federal Reserve Bank of New York

Part of Series: Economic Policy Review

Publication Date: 1997

Volume: 3

Issue: Feb

Pages: 5-19