Journal Article

Global and National Shocks Explain A Large Share of State Job Growth


Abstract: Global and U.S. national shocks on average appear to equally explain more than half of the fluctuations in state employment growth, an important measure of assessing real economic activity. The overall assessment, however, conceals a wide variation among states.

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Bibliographic Information

Provider: Federal Reserve Bank of Dallas

Part of Series: Economic Letter

Publication Date: 2017-10

Volume: 12

Issue: 10

Pages: 1-4