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Federal Reserve Bank of Chicago
Chicago Fed Letter
Tracking Detroit’s Economic Recovery After Bankruptcy with a New Index
Scott Brave
Paul Traub
Abstract

This article presents evidence that Detroit’s economy is doing noticeably better than before the city filed for bankruptcy in July 2013. In order to track the city’s economic recovery following its bankruptcy, we use a new index that quantifies Detroit’s overall economic performance from 1998 to the present.


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Scott Brave & Paul Traub, "Tracking Detroit’s Economic Recovery After Bankruptcy with a New Index", Federal Reserve Bank of Chicago, Chicago Fed Letter, number 376, 2017.
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Keywords: Bankruptcy; Detroit economic activity index (DEAI)
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