Search Results
Journal Article
When a South Carolina City Tried to Become Motor City
Romero, Jessica Sackett
(2018-10)
Economic History: When a South Carolina City Tried to Become Motor City: The Fifth District's automotive entrepreneurs eventually lost out to the forces of agglomeration
Econ Focus
, Issue 4Q
, Pages 24-26
Journal Article
"Producing" Growth
Kauffman, Nathan; McCoy, John
(2024-07-15)
In contrast to the nation as a whole, goods-producing industries have accounted for much of the recent economic growth in Nebraska. Persistent demand growth for food, alongside construction, have been significant drivers of growth, both recently and longer-term. Moreover, a concentration in manufacturing has generally been a source of strength for Nebraska's economy, particularly in rural areas.
Nebraska Economist
Discussion Paper
Where Are Manufacturing Jobs Coming Back?
Abel, Jaison R.; Deitz, Richard
(2019-02-06)
As we outlined in our previous post, the United States lost close to sixmillion manufacturing jobs between 2000 and 2010 but since then has gained back almost one million. In this post, we take a closer look at the geographic dimension of this modest rebound in manufacturing jobs. While job losses during the 2000s were fairly widespread across the country, manufacturing employment gains since then have been concentrated in particular parts of the country. Indeed, these gains were especially large in ?auto alley??a narrow motor vehicle production corridor stretching from Michigan south to ...
Liberty Street Economics
, Paper 20190206b
Discussion Paper
The (Modest) Rebound in Manufacturing Jobs
Abel, Jaison R.; Deitz, Richard
(2019-02-04)
The United States lost 5.7 million manufacturing jobs between 2000 and 2010, reducing the nation?s manufacturing employment base by nearly a third. These job losses and their causes have been well documented in the popular press and in academic circles. Less well recognized is the modest yet significant rebound in manufacturing jobs that has been underway for several years. Indeed, employment in the manufacturing industry began to stabilize in 2010, and the nation has added nearly 1 million jobs since then. Although modest in magnitude, this uptick in manufacturing jobs represents the longest ...
Liberty Street Economics
, Paper 20190204
U.S. tariff outcomes dependent on trading partner responses
Martínez García, Enrique; Sposi, Michael
(2025-05-13)
U.S. tariff policy has historically shifted among competing goals: providing revenue, protecting domestic markets and opening foreign markets to domestic producers. These goals are unlikely to be achieved simultaneously. Modern models applied to the U.S. reveal that tariffs can enhance consumer welfare via terms-of-trade gains, a costly externality on foreign partners, but only if those partners don’t retaliate. Thus, potential consumption gains for U.S. households and businesses depend on policy choices and strategic responses from trading partners.
Dallas Fed Economics
Working Paper
An Anatomy of U.S. Establishments’ Trade Linkages in Global Value Chains
Flaaen, Aaron; Kamal, Fariha; Lee, Eunhee; Yi, Kei-Mu
(2024-12-27)
Global value chains (GVC) are a pervasive feature of modern production, but they are hard to measure. Using U.S. Census microdata, we develop novel measures of the linkages between U.S. manufacturing establishments’ imports and exports. We document three new GVC patterns. First, for every dollar of exports, imported inputs represent 13 cents in 2002 and 20 cents by 2017, substantially higher than what aggregate data suggests. Second, we find strong complementarities between input and output markets reflected in “round-trip” trade linkages where an establishment sources inputs from and ...
Working Papers
, Paper 2419
Working Paper
Manufacturing Employment Losses and the Economic Performance of the Industrial Heartland
Schweitzer, Mark E.
(2017-06-22)
The industrial Midwest, sometimes referred to disparagingly as the ?Rust Belt,? has long been recognized as a distinct economic region and an important contributor to the US economy. Prior research has emphasized the role that losses in the manufacturing sector have played in the plight of several Midwestern states and cities, particularly in the late 1970s and early 1980s. We identify a hypothetical industrial heartland region consisting of MSAs that have high concentrations of 1969 earnings in manufacturing relative to the US average and that are located within the geography often ...
Working Papers (Old Series)
, Paper 1712
Journal Article
Manufacturing or Degree-Intensive Labor Markets: Where Do the Children of Non-College Graduates Earn More Degrees?
Whitaker, Stephan
(2016-10-16)
Manufacturing employment has declined since the 1970s, while the number of jobs requiring a college degree has risen. The shift has reshaped the environment in which many young people grow up and pursue their educations, potentially affecting the level of education they attain. This analysis uses the National Longitudinal Surveys of Youth to investigate the relationship between industrial composition and the educational attainment of children whose parents have only a high school education or less. The results show that the educational attainment of these youths is correlated with their ...
Economic Commentary
, Volume 2016
, Issue 12
, Pages 6
Journal Article
International Trade Dependence and Inventory Dynamics
Leibovici, Fernando; Dunn, Jason
(2023-08-16)
US manufacturers that source their intermediate inputs from abroad have been more likely to increase their inventories in the aftermath of unexpected events and heightened uncertainty.
Economic Synopses
, Issue 17
, Pages 3 pages
Journal Article
Sentiment Analysis of the Fifth District Manufacturing and Service Surveys
Pinto, Santiago
(2019-07)
This article uses basic text analytic techniques to examine the sentiment embodied in two surveys conducted by the Richmond Fed: the Manufacturing and Service Sector Surveys. Specifically, the article develops several sentiment indicators based on the comments provided by survey participants, contrasts the sentiment measures against responses to other survey questions, and analyzes the monthly evolution of the sentiment indicators during the period 2002-18. Two main conclusions emerge from the analysis. First, the indicators reflect reasonably well changes in economic sentiment along time. ...
Economic Quarterly
, Issue 3Q
, Pages 133-170
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