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Regional business cycles in New York State

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Abstract

We track the business cycles for New York State and for major upstate metropolitan areas over the last quarter century and compare them with the national cycles. To date the regional cycles, we use a new methodology that combines several data series into a single composite measure - or index - of economic activity. Our findings show that New York State's recessions tend to last longer than the nation's, although the region's metropolitan areas have very different industrial compositions and thus different business cycles.

Suggested Citation

  • Richard Deitz & Ramon Garcia, 2002. "Regional business cycles in New York State," The Regional Economy of Upstate New York, Federal Reserve Bank of New York, issue Spr.
    • Handle: RePEc:fip:fednre:y:2002:i:spr
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    File URL: https://www.newyorkfed.org/medialibrary/media/research/regional_economy/Spring%202002.pdf
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    Cited by:

    1. Beate Schirwitz & Christian Seiler & Klaus Wohlrabe, 2009. "Regionale Konjunkturzyklen in Deutschland – Teil II: Die Zyklendatierung," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 62(14), pages 24-31, July.

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