Tracking Detroit’s Economic Recovery After Bankruptcy with a New Index

Scott Brave and Paul Traub

Chicago Fed Letter, 2017, No 376

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.

Keywords: Detroit economic activity index (DEAI); Bankruptcy (search for similar items in EconPapers)
Date: 2017
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