While the impacts of the Asian financial turmoil on the United States have been widely discussed and studied, few analysts have looked at the likely impact on the Tenth District Economy. Gazel and Lamb examine the negative impacts of the Asian financial turmoil on the Tenth District and find...

Despite improvements in agriculture and manufacturing, weakness in energy and construction left the economies of most Tenth District states with only slight gains in 1988. The district still lacks a strong, dominant sector to help it catch up with the nation in 1989.

Recent development in Congress and the courts have focused attention on the relative roles of commercial banks, thrifts, and credit unions. As concern mounted last year about the state of the thrift deposit insurance fund, Congress required commercial banks to share the burden of recapitalizing...