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State and Metropolitan Area Data, Q2:17
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Regional State and Metropolitan Data
Journal Article
State and Metropolitan Area Data, Q3:17
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State and Metropolitan Area Data Q1: 17
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State and Metropolitan Area Data, Q2:16
Journal Article
Diversification and Specialization Across Urban Areas
Los Angeles is famous for the entertainment industry, San Jose for technology companies, and New York for the financial firms surrounding Wall Street. While each of these urban areas has a unique identity related to a particular sector of the economy, each is also, in fact, very diverse in its industrial composition. Urban areas differ in the extent to which they have a diverse set of industries or, conversely, the degree to which they are very specialized in a particular industry. Richmond Fed analysis supports previous research findings on the extent to which diversification or ...