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Measuring Detroit's Economic Progress with the DEAI

Author

Listed:
  • Scott A. Brave
  • Ross Cole
  • Paul Traub

Abstract

This article explains what the Detroit Economic Activity Index (DEAI) tells us about Detroit’s economic progress as of late 2019. Although the rate of progress had slowed some since 2016, the city continued to make headway last year in its recovery from bankruptcy.

Suggested Citation

  • Scott A. Brave & Ross Cole & Paul Traub, 2020. "Measuring Detroit's Economic Progress with the DEAI," Chicago Fed Letter, Federal Reserve Bank of Chicago, issue 434, pages 1-6, March.
    • Handle: RePEc:fip:fedhle:93529
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    Keywords

    Detroit Economic Activity Index; Private Investment; Employment; Unemployment; Bankruptcy;
    All these keywords.

    JEL classification:

    • E24 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
    • G33 - Financial Economics - - Corporate Finance and Governance - - - Bankruptcy; Liquidation

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