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In Texas during the 1980s, service-sector employment rose, goods-sector employment declined, and the average real wage … Texas during the 1980s. Slow wage growth primarily resulted from weak wage expansion in both the goods and service sectors …
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New composite indexes presented in this article could prove useful in analyzing and forecasting the Mexican economy. Keith Phillips, Lucinda Vargas, and Victor Zarnowitz present composite indexes of leading and coincident indexes for Mexico. In constructing the indexes, the economists use an...
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In this article, Keith R. Phillips revises the Texas index of leading economic indicators that he introduced two years … Federal Reserve Bank of Dallas has produced the Texas leading index monthly since July 1988. ; Using a newly developed … technique for evaluating leading indexes, Phillips finds that the revised Texas leading index has performed well in predicting …
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