New Measures of Economic Growth and Productivity in Upstate New York

Abel, Jaison R.; Deitz, Richard

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New Measures of Economic Growth and Productivity in Upstate New York

Current Issues in Economics and Finance, Vol. 14, No. 9, December 2008

7 Pages Posted: 18 Dec 2008

See all articles by Jaison R. Abel

Richard Deitz

Federal Reserve Bank of New York - Research Group

Date Written: December 1, 2008

Abstract

Newly available measures of GDP at the metropolitan area level now afford a more comprehensive view of regional economic activity. An analysis of upstate New York's economic performance using these measures points to below-average output growth between 2001 and 2006 along with productivity levels and productivity growth below the U.S. average. The region's performance overall, however, is somewhat better than that of many manufacturing-oriented metro areas in the Great Lakes region.

Keywords: Gross Domestic Product, Upstate New York

JEL Classification: R10, R11

Suggested Citation: Suggested Citation

Abel, Jaison R. and Deitz, Richard, New Measures of Economic Growth and Productivity in Upstate New York (December 1, 2008). Current Issues in Economics and Finance, Vol. 14, No. 9, December 2008, Available at SSRN: https://ssrn.com/abstract=1317381