The relationship between manufacturing production and goods output
AbstractThe sharp divergence in the 2001 recession between two key economic indicators-manufacturing production and goods output-could suggest that one indicator is flawed, casting doubt on the reliability of its overall series. This analysis finds no evidence of error. Rather, the strength of spending on consumer-relative to capital-goods and the growth of merchandising services in the sale of consumer goods more likely explain the recent deviation.
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Bibliographic InfoArticle provided by Federal Reserve Bank of New York in its journal Current Issues in Economics and Finance.
Volume (Year): (2004)
Issue (Month): Aug ()
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- Hamid Faruqee & Douglas Laxton & Dirk Muir & Paolo Pesenti, 2006.
"Would Protectionism Defuse Global Imbalances and Spur Economic Activity? A Scenario Analysis,"
NBER Working Papers
12704, National Bureau of Economic Research, Inc.
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- Hamid Faruqee & Douglas Laxton & Dirk Muir & Paolo Pesenti, 2006. "Would protectionism defuse global imbalances and spur economic activity?: a scenario analysis," Staff Reports 268, Federal Reserve Bank of New York.
- Faruqee, Hamid & Laxton, Doug & Muir, Dirk & Pesenti, Paolo, 2006. "Would Protectionism Defuse Global Imbalances and Spur Economic Activity? A Scenario Analysis," CEPR Discussion Papers 5993, C.E.P.R. Discussion Papers.
- Bruno Tissot & Les Skoczylas, 2005. "Revisiting recent productivity developments across OECD countries," BIS Working Papers 182, Bank for International Settlements.
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