Where have all the factory jobs gone - and why?

Over the past 30 years, the three states of the Third Federal Reserve District have lost more than one-third of their manufacturing jobs. And that job loss has accelerated over the past 15 years. Despite this, the region's manufacturing output has expanded over the same period, although much more slowly than the nation's. Why has the region's manufacturing sector lagged behind? In this article, Ted Crone looks at shifts in markets and differences in costs as possible culprits.

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Year of publication:	1997
Authors:	Crone, Theodore M.
Published in:	Business Review. - Federal Reserve Bank of Philadelphia. - 1997, May, p. 3-18
Publisher:	Federal Reserve Bank of Philadelphia
Subject:	Employment (Economic theory) \| Federal Reserve District \| 3rd \| Manufactures

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Extent:	application/pdf
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

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