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The Tenth District has consistently outperformed the nation in the 1990s in the growth of manufactured exports. Foreign exports account for a large share of the district's sales of manufactured goods and have also helped the district retain many of its factory jobs.
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Rural areas in the Tenth District are experiencing a period of renewed economic growth in the 1990s. After a decade of lackluster performance in the 1980s, rural areas are enjoying stronger employment and income growth. Employment growth in rural areas has averaged almost 2 percent per year from...
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Welfare finance reform could have a substantial fiscal impact on the budgets of some states in the Tenth district, although the ability to cope with reform will vary from state to state. This article discusses some of the proposed changes in welfare funding and the effect they may have on the...
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State and local policymakers typically have three targets for their economic development policies: outside businesses, existing businesses, and new start-up businesses. Attracting outside businesses especially large manufacturing plants has long been a popular economic development activity, but...
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Mutual funds are today's second-largest financial industry in the United States, second only to commercial banks. Since 1990, mutual fund assets have more than doubled to $2.3 trillion. Such rapid growth, coupled with the desire of banks to expand into new financial services, has prompted up to...
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Creating jobs is often the primary goal of economic development policy. To help target their job creation efforts, policymakers generally examine net changes in the official employment figures. But relying solely on net changes can often hide important gross changes that influence the dynamics...
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Community banks in Tenth District states had another good year in 1998. They continued to benefit from solid growth in the district economy. And in contrast to some large banks in other parts of the country, they were largely unaffected by the turmoil in financial markets in the latter part of...
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