Update on the Second District's Economy - FEDERAL RESERVE BANK of NEW YORK

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Quarterly Review

Update on the Second District's Economy

Autumn 1993Volume 18, Number 3

Author: Rae D. Rosen

The author uses broad-based indicators such as employment, personal income, and retail sales to assess the state of the economy in the Federal Reserve's Second District. Specific attention is given to certain broad trends that have influenced regional growth, including the reduction in defense spending, the weakness in the European economies, and intense international and national competition.

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10 pages / 813 kb

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