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Journal Article
Statement to Congress, March 10, 1993 (economic trends in the Second Federal Reserve District)
Corrigan, E. Gerald (1993-05)
Federal Reserve Bulletin , Issue May , Pages 398-399

Journal Article
New York - New Jersey job recovery expected to continue in 1998
DeMott, Mike; Rosen, Rae D.; Orr, James A. (1998-03)
The pattern of employment recovery in the New York-New Jersey region is expected to remain unbroken in 1998, despite a slight slowing of job growth.
Current Issues in Economics and Finance , Volume 4 , Issue Mar

Journal Article
Job growth in New York and New Jersey: mid-2007 review and outlook
Rosen, Rae D.; Bram, Jason; Orr, James A. (2007-08)
Employment in the New York-New Jersey region expanded by about 0.9 percent in 2006. Slightly slower job growth - on the order of 0.8 percent - was recorded in the first half of 2007 and is expected to continue throughout the year, in part reflecting moderating growth in the national economy. The employment rise in New York State was led by a strong expansion of services jobs in New York City; any sustained weakening in the city's financial sector would be unlikely to affect employment significantly until 2008.
Current Issues in Economics and Finance , Volume 13 , Issue Aug

Journal Article
Small businesses in upstate New York rank barriers to growth
Garcia, Ramon; Deitz, Richard (2001-01)
The Buffalo Branch of the Federal Reserve Bank of New York and the Center for Governmental Research (CGR) surveyed small businesses in western and central New York State. The object of the survey was to identify what small business owners perceive to be the chief barriers to the growth of their companies. We provide an overview of the survey and its findings. The barriers to growth cited in upstate New York are similar to those cited nationwide: nonwage worker costs, state and federal taxes, and energy costs. Small business owners also see several advantages to their upstate New York ...
The Regional Economy of Upstate New York , Issue Win

Speech
Regional economy and manufacturing update
Dudley, William (2010)
Remarks at the Quarterly Regional Economic Press Briefing, New York City.
Speech , Paper 28

Journal Article
Is upstate New York showing signs of a turnaround?
DeMott, Mike; Deitz, Richard (1999-05)
Upstate New York may have shown signs of a turnaround in 1997 and 1998, but its economic performance is still well below that of the nation and New York State as a whole.
Current Issues in Economics and Finance , Volume 5 , Issue May

Journal Article
The recession's impact on the state budgets of New York and New Jersey
Deitz, Richard; Steindel, Charles; Haughwout, Andrew F. (2010-06)
In the wake of the most recent U.S. recession, both New York State and New Jersey have faced multibillion-dollar budget gaps. An analysis of the makeup of their budgets reveals that the states' heavy reliance on personal income taxes--particularly from high-wage earners in the finance sector--has exacerbated revenue shortfalls. To close their budget gaps, New York and New Jersey have had to make difficult choices about tax increases and service cuts. In the future, the states might take steps to avert such budget quandaries by establishing "rainy day" funds or restructuring taxes to make ...
Current Issues in Economics and Finance , Volume 16 , Issue Jun/Jul

Journal Article
Understanding regional economic growth in the new economy: industry clusters
Garcia, Ramon; Deitz, Richard (2000-07)
This article seeks to explain why industry clusters are receiving so much attention. It discusses how and why clusters form, what makes them successful, and why they are believed to contribute to regional economic growth. The article also examines what the evidence on industry clusters suggests about local economic development, and describes strategies used by communities adopting a cluster approach. The final section outlines New York State's efforts to identify the industry clusters that are important to its economy, as well as the challenges faced in this process.
The Regional Economy of Upstate New York , Issue Sum

Journal Article
New Jersey’s Abbott districts: education finances during the Great Recession
Sutherland, Sarah; Chakrabarti, Rajashri (2013-06)
Funding for New Jersey?s low-income school districts tumbled in the most recent recession, and the Abbott districts?a group of poor urban districts that for almost two decades received special appropriations from the state?were hit especially hard. A comparison with the state?s other low-income districts reveals that the Abbott districts faced markedly sharper declines in aid, relative to trend. Consequently, while all of the low-income districts responded to the drop in state aid by scaling back spending on support services and utilities, only the Abbott group also made significant cuts in ...
Current Issues in Economics and Finance , Volume 19 , Issue Jun

Journal Article
Public education in the dynamic city: lessons from New York City
Stiefel, Leanna; Schwartz, Amy Ellen (2005-12)
This article was presented at a conference organized by the Federal Reserve Bank of New York in April 2005, "Urban Dynamics in New York City." The goal of the conference was threefold: to examine the historical transformations of the engine-of-growth industries in New York and distill the main determinants of the city's historical dominance as well as the challenges to its continued success; to study the nature and evolution of immigration flows into New York; and to analyze recent trends in a range of socioeconomic outcomes, both for the general population and recent immigrants more ...
Economic Policy Review , Issue Dec , Pages 157-172

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