In an environment of high foreclosure rates and distressed housing markets, federal policies are focusing on loan modifications to help delinquent homeowners pay their mortgages. While it is too soon to assess the effectiveness of these modifications, policymakers considering future refinements...

Employment growth in the New York-New Jersey region in 1998 is likely to match the previous year's pace of 1.7 percent, or 200,000 new jobs. Growth will continue in 1999, but it will slow modestly, to about 1.2 percent, or 145,000 new jobs

The authors develop indexes of leading economic indicators for New York State and New Jersey over the 1972-99 period. They find that the leading indexes convey useful information about the future course of economic activity in both states. The authors then construct separate indexes to forecast...

Combined employment in New York and New Jersey will expand by 1.1 percent in 2005, following projected growth of 0.9 percent in 2004. Slower than expected growth in the U.S. economy or a falloff in financial market activity, however, could jeopardize the states' employment outlook

Employment in the New York-New Jersey region will decline in 2003 - but only slightly - and the region's economy is poised to rebound in 2004 with 1 percent growth, or a gain of 128,000 jobs. Continued expansion in the national economy and sustained vigor in the financial markets, however, will...

The authors develop two coincident indexes that provide a comprehensive measure of economic activity in New Jersey, New York State, and New York City.

The pattern of employment recovery in the New York-New Jersey region is expected to remain unbroken in 1998, despite a slight slowing of job growth.

While the U.S. manufacturing sector has contracted sharply since the early 1980s, employment in high-skill manufacturing occupations has risen by an impressive 37 percent. An investigation of the growth in high-skill manufacturing jobs reveals that virtually all of the nation's industries have...

New York City will set the pace for job growth in the New York-New Jersey region in 2001, with employment advancing 1.9 percent over the year. For the region as a whole, the rate of job growth will drop to 1.5 percent, from 2.2 percent in 2000.