146 posts on "Regional Analysis"
September 4, 2015
From the Vault: Understanding Puerto Rico’s Economic Challenges
Recent news examining the toll that a decade of stagnation, out-migration, and heavy debt has taken on Puerto Rico draws on work summarized in two Liberty Street Economics posts.
Posted at 7:00 am in Regional Analysis | Permalink
August 26, 2015
Just Released: An Update on Regional Economic Conditions Provided at Our Economic Press Briefing
Jaison R. Abel, Jason Bram, Richard Deitz, and James Orr Today’s Economic Press Briefing at the New York Fed presented our economic outlook for New York, Northern New Jersey, and Puerto Rico. We showed that many parts of the region have bounced back quite well from the Great Recession and are growing at a solid […]
July 6, 2015
Will Silicon Alley Be the Next Silicon Valley?
Jason Bram and Matthew Ploenzke Update: We broadened our definition of Silicon Valley and present more complete data on that region’s trends in the comments section of this post. In the body of the piece, we also corrected the NAICS code for Scientific R&D Services. For at least the past few decades, New York City’s […]
April 17, 2015
At the New York Fed: Chapter 9 and Alternatives for Distressed Municipalities and States
On Tuesday, April 14, the Federal Reserve Bank of New York hosted an all-day workshop entitled Chapter 9 and Alternatives for Distressed Municipalities and States. The workshop was jointly organized and sponsored by the Volcker Alliance and George Mason University’s State and Local Government Leadership Center. The event brought together key experts, practitioners, and researchers on the subject of fiscal distress at the state and local level. The aim of the session was to foster discussion on the role of Chapter 9 of the U.S. Bankruptcy Code, alternatives for distressed governments, and strategies to avoid stress and achieve good fiscal outcomes.
April 15, 2015
Just Released: April Empire State Manufacturing Survey Indicates Sluggish Conditions
The April 2015 Empire State Manufacturing Survey, released today, points to continued weakness in New York’s manufacturing sector. The survey’s headline general business conditions index turned slightly negative for the first time since December, falling 8 points to -1.2 in a sign that the growth in manufacturing had paused. The new orders index—a bellwether of demand for manufactured goods—was also negative, pointing to a modest decline in orders for a second consecutive month. Employment growth slowed, too. The Empire Survey has been signaling sluggish growth since October of last year after fairly strong readings from May through September.
April 13, 2015
Population Lost: Puerto Rico’s Troubling Out‑Migration
Jaison R. Abel and Richard Deitz For the first time in modern history, Puerto Rico is seeing its population decline. This troubling loss can be traced to an exodus of Puerto Rican citizens to the U.S. mainland, a current that has picked up considerably in recent years as Puerto Rico’s economy has deteriorated. Today, fully […]
March 20, 2015
Just Released: Benchmark Revisions Paint a Brighter Picture of (Most of) the Regional Economy
Every March, the Bureau of Labor Statistics releases benchmark revisions of state and local payroll employment for the past year.
March 6, 2015
Just Released: Is Your School Spending Less Than Your Neighbor’s?
This morning, the Federal Reserve Bank of New York released a set of interactive visuals that present school spending and its various components—such as instructional spending, instructional support, leadership support, and building services spending—across all thirty-two Community School Districts (CSD) in New York City and map their progression over time.
January 16, 2015
Just Released: January Business Leaders Survey Indicates Regional Business Conditions Are Finally Back to Normal
The New York Fed’s January Business Leaders Survey indicates that the regional economy kicked off the New Year on a positive note.
November 12, 2014
Did Local Funding Responses to Post‑Recession State Aid Cuts Vary by Property Wealth?
In the first of this two post series, we investigated the relationship between state aid and local funding before and after the Great Recession.
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