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Regional Economy
Our economists analyze local economic growth, labor markets, real estate, and public finance issues, contributing to discussions of regional and national economic policy.
 
Regional Indexes of Coincident Economic Indicators
Our Indexes of Coincident Economic Indicators (CEI) for March show moderate growth in economic activity in New Jersey, continued strong growth in New York City, and a modest decline in activity in New York State. Coincident Economic Indicators
 
 
Recent Articles
Current IssuesThe Price of Land in the New York Metropolitan Area
The authors rely on a unique data set to calculate and analyze the price of vacant land in the New York metro area between 1999 and mid-2006.
By Andrew Haughwout, James Orr, and David Bedoll, Current Issues in Economics and Finance Second District Highlights (14) 3, April/May 2008
Current IssuesTrends and Developments in the Economy of Puerto Rico
The authors present an overview of Puerto Rico’s economy, examining its basic characteristics, long-term industry and labor trends, and prospects for growth.
By Jason Bram, Francisco E. Martínez, and Charles Steindel, Current Issues in Economics and Finance Second District Highlights (14) 2, March 2008
staff reportsImpact of Voucher Design on Public School Performance: Evidence from Florida and Milwaukee Voucher Programs
This paper examines the impact of vouchers in general and voucher design in particular on public school performance.
By Rajashri Chakrabarti, Staff Reports 315, January 2008
Staff ReportsThe Foreign-Born Population in Upstate New York
An analysis of upstate New York’s foreign-born residents suggests that they contribute to the region’s human capital in important ways.
By James Orr, Susan Wieler, and Joseph Pereira, Current Issues in Economics and Finance Second District Highlights (13) 9, October 2007
Upstate New York NewsletterAging in Place in Upstate New York
The resulting change in demand for housing products and services is of particular significance in upstate New York, where the majority of seniors are homeowners and the housing stock is dominated by older, single-family homes.
By Jane Humphreys, Upstate New York Regional Review 2 (2), 2007
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Current Economic Indicators

Empire State Manufacturing SurveyEmpire State Manufacturing Survey
The survey indicates that manufacturing activity in New York State deteriorated slightly in May. The general business conditions index fell below zero, to -3.2.
May 15, 2008

The Beige BookBeige Book OFFSITE
The Second District's economy has shown further signs of weakening since the last report. Manufacturers report that business activity tailed off substantially in February and early March and has been flat since.
April 16, 2008

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