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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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This article examines job growth in the district's key manufacturing industries and in the seven district states. The article shows that while thousands of manufacturing jobs have been lost since the recovery began, the decline in the district has been less than in the nation. The primary...
Persistent link: https://www.econbiz.de/10005713367
Employment growth in the Tenth District has fallen behind the national rate in 1999 for the first time in ten years. Although all economic sectors have been experiencing slower job growth, the services sector, due to its size, has played perhaps the most important role in the slowdown of overall...
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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...
Persistent link: https://www.econbiz.de/10005379883
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...
Persistent link: https://www.econbiz.de/10005379884
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...
Persistent link: https://www.econbiz.de/10005379885