Search Results
Journal Article
Industry concentration in tri-state metropolitan areas
Journal Article
Agriculture in the Third District: fertile fields outside the farm belt
Although not part of the nation's agricultural heartland, the three states of the Third Federal Reserve District (Pennsylvania, New Jersey, and Delaware) nonetheless supply a significant percentage of some commodities. In some parts of the region, agriculture is a significant part of the local economy. In this article, Tim Schiller looks at the contributions the three states make to the nation's agricultural bounty.
Journal Article
The new thrift act: mending the safety net
Journal Article
Human capital and higher education: how does our region fare?
The number of people in a given state or region with a college education varies across the nation. States in the Third Federal Reserve District (Pennsylvania, New Jersey, and Delaware) compare favorably with the nation on measures of college education and the three states as a whole are close to the national average. Despite its average ranking in educational attainment, the area is a premier location for colleges and universities. In ?Human Capital and Higher Education: How Does Our Region Fare?? Tim Schiller evaluates the region?s standing with respect to college education by reviewing data ...
Journal Article
Taking the measure of manufacturing
In "Taking the Measure of Manufacturing" Tim Schiller and Mike Trebing outline several of the most important surveys and indexes that track manufacturing, describe their similarities and differences, and discuss their usefulness in providing timely and accurate data on the sector.
Journal Article
Rewiring the system: the changing structure of the electric power industry.
In the United States, significant changes have taken place in the structure of electricity markets. Twenty-three states, including Pennsylvania, New Jersey, and Delaware, have changed or will be changing their laws to allow consumers to switch electricity suppliers. In some states, millions of consumers have already switched. What brought about the deregulation of an industry previously considered a "natural monopoly"? In "Rewiring the System: The Changing Structure of the Electric Power Industry," Tim Schiller describes the changes in law and the developments in economic theory that ...
Journal Article
Growing slowly, getting older: demographic trends in the Third District states
National trends such as slower population growth, an aging population, and immigrants as a larger component of the population are mirrored in the Third District states (Pennsylvania, New Jersey, and Delaware). These trends are likely to persist and perhaps even accelerate well into the future. In "Growing Slowly, Getting Older: Demographic Trends in the Third District States," Tim Schiller reviews these trends and their possible interaction with health care and retirement benefit programs nationally and in the Third District states.
Journal Article
Regional trends in federal government spending
State governments, congressional delegations, and regional associations regularly examine federal expenditures to see how their state or region is faring in the distribution of federal monies. Although these groups often look at changes in the patterns of annual spending, a long-term perspective reveals how demographic trends and shifting priorities drive year-to-year changes in spending in the states. In this article, Tim Schiller takes that long-term perspective by looking at the decade from 1986 to 1996 and outlining what regional shifts in federal spending took place and why
Journal Article
Sprawl: what's in a name?
What lies behind concerns about the way metropolitan areas have been spreading out over the past several decades? This spreading out, or sprawl, is reflected in lower density and centralization in metropolitan areas. In "Sprawl: What's in a Name?" Tim Schiller highlights some recent trends toward lower population and employment density in metro areas and discusses some of the underlying forces propelling these trends
Journal Article
Housing: boom or bubble?
In recent years, the U.S. has seen an extraordinary increase in demand for housing and a rapid rise in house prices. Data show that nationally, the average price of an existing home, adjusted for inflation, rose more than 8 percent in 2004 and 2005, a faster pace than in any previous year. Some people have questioned whether this rapid rise was sustainable, and recent declines in the housing market have made this question more urgent. In "Housing: Boom or Bubble?," Tim Schiller asks whether there was a so-called bubble in house prices or whether fundamental economic factors explain the ...