The average profitability of banks in Tenth District states edged up in 1987 after five years of decline. Agricultural banks showed the greatest recovery, combining faster loan growth with lower loan losses and higher profits.

In 2007, the United States spent over $650 billion on national defense. Even after adjusting for inflation, this was the largest annual amount since 1945, surpassing previous post-World War II peaks reached during the Korean, Vietnam, and Cold wars. Defense spending has risen steadily this...

The Tenth District economy posted lower employment growth in 1997, marking the first time since 1988 that the district underperformed the nation. District agriculture posted solid gains in 1997, with big harvests and major improvements in the cattle industry. Overall, labor markets remained...

Throughout the 1990s, the pork industry has been at the forefront of a revolution in the structure of the U.S. food and agricultural sector. In particular, the pork industry has been rapidly moving away from its traditional structure built on hundreds of thousands of small farms selling hogs at...

The Tenth District economy improved overall during 1993 thanks to a booming construction sector and healthy growth in services. The district's gain was uneven, however, because other major sectors of the region's economy remained mixed. Economic performance also diverged considerably across the...

Since the early 1970s, the states of the Tenth Federal Reserve District have experienced wide swings in economic activity and interstate migration. The swings in migration not only reflect the region's economic performance but also have important consequences for future economic activity. Miller...