Journal Article

Technological trends affecting the manufacturing sector of New York City

Abstract: The author concludes that manufacturing is still a vital part of New York City's economy, despite substantial job losses in this sector over the past two decades. An influx of skilled immigrants, the use of advanced technologies in production processes, and the ability to respond rapidly to global markets give New York City a strong future in manufacturing high-value goods.

Keywords: Federal Reserve District, 2nd; New York (N.Y.); Technology;

Bibliographic Information

Provider: Federal Reserve Bank of New York

Part of Series: Economic Policy Review

Publication Date: 1997

Volume: 3

Issue: Feb

Pages: 87-90