139 posts on "Regional Analysis"
February 15, 2012
Just Released: February’s Empire State Manufacturing Survey Signals a Further Pickup
February’s Empire State Manufacturing Survey (ESMS) indicates that manufacturing activity in New York State continued to expand for a third consecutive month.
February 13, 2012
How Colleges and Universities Can Help Their Local Economies
Policymakers are increasingly viewing colleges and universities as important engines of growth for their local areas.
February 1, 2012
Tough Decisions, Depleted Revenues: New Jersey’s Education Finances during the Great Recession
Today’s post, which complements Monday’s on New York State, considers the Great Recession’s impact on education funding in New Jersey.
January 30, 2012
How Did the Great Recession Affect New York State’s Public Schools?
Surprisingly, there is no literature on how recessions (including the Great Recession) have affected schools.
January 4, 2012
Forecasting with Internet Search Data
Most economic data are released with a lag, sometimes quite a substantial one. Since the advent of regularly scheduled releases of economic data in the 1930s, a key challenge for economists has been to identify indicators that provide timely information about the release before it comes out—effectively, that “now-cast” its content.
Posted at 7:00 am in Exchange Rates, Forecasting, Housing, Regional Analysis, Unemployment | Permalink | Comments (4)
November 28, 2011
Unintended Consequences in School Accountability Policies
Over the past two decades, state and federal education policies have tried to hold schools more accountable for educating their students.
August 29, 2011
Local Hangovers: How the Housing Boom and Bust Affected Jobs in Metro Areas
What explains why some places suffered particularly severe job losses during the Great Recession? In this post, we extend our recent Current Issues article analyzing regional dimensions of the latest housing cycle and show that metropolitan areas that experienced the biggest housing booms and busts from 2000 to 2008 lost the most jobs during the recession. Not surprisingly, construction activity helps explain the tight link between housing and local job market performance. Given this pattern, we believe that each metro area’s boom-bust experience is likely to continue to influence its growth prospects for some time to come.
August 24, 2011
Just Released: July’s Indexes of Coincident Economic Indicators Show Economic Activity Picking Up across the Region
The July Indexes of Coincident Economic Indicators (CEIs) for New York State, New York City, and New Jersey, released today, reveal that economic activity continued to expand in both New York State and New York City and—for the second month in a row—picked up moderately in New Jersey.
July 15, 2011
Just Released: July’s Empire State Manufacturing Survey Shows Ongoing Weakness in New York Manufacturing
The July Empire State Manufacturing Survey, published today, indicates that manufacturing conditions continued to weaken in New York State. The survey’s headline index was -3.8, the second negative reading in a row, and suggested that, overall, manufacturing activity declined slightly in New York. Because the survey is a diffusion index, readings below zero indicate that more respondents reported worsening conditions than improving conditions. Lower (or higher) values of the index indicate more widespread decline (or improvement). The Empire State Manufacturing Survey is the first available indicator of manufacturing activity for the month. While it is entirely possible that what we are seeing is idiosyncratic to New York State, July’s report raises questions about whether the manufacturing sector is experiencing a temporary bump in the road, or is headed toward a more sustained slowdown. In this post, we review some of the highlights of today’s report.
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