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In 1990, the commercial banking industry in the Eleventh Federal Reserve District posted profits for the first time in five years. Kevin Yeats examines this turnaround and concludes that banks returned to profitability for three reasons: the Federal Deposit Insurance Corporation (FDIC) took over...
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The Eleventh District marked its eighth year of economic expansion in 1994. Employment grew strongly in all three Eleventh District states- Louisiana, New Mexico, and Texas. Although the past prominence of the oil and gas sector is well-known, in 1994 the region prospered despite continued...
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We track the business cycles for New York State and for major upstate metropolitan areas over the last quarter century and compare them with the national cycles. To date the regional cycles, we use a new methodology that combines several data series into a single composite measure - or index -...
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We use newly available data from the 2000 census to assess the occupational composition of the upstate New York workforce and to analyze how it has changed since the 1990 census. We also compare the evolving mix of occupations in our region with that of the nation as a whole, an approach that...
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