National and regional factors in the metropolitan economy

Jonathan McCarthy and Charles Steindel

Economic Policy Review, 1997, vol. 3, issue Feb, 5-19

Abstract: The connections between broad economic indicators in the metropolitan region and their national counterparts are examined by the authors. The authors show that over the last seven years, employment growth has been poor in both absolute terms and relative to the nation, possibly indicating a region in decline. However, they note that the region's income growth has been considerably better than its employment growth, suggesting a region whose goods and services remain in healthy demand.

Keywords: Federal Reserve District, 2nd; New York (N.Y.) (search for similar items in EconPapers)
Date: 1997
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