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Challenges facing the New York metropolitan area economy

Author

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  • James A. Orr
  • Giorgio Topa

Abstract

The skilled and well-educated workforce of the New York metropolitan area has played a large role in enabling the region to withstand adverse economic shocks and adapt successfully to a services economy. A further expansion of this "human capital" will enable the metro area to meet the challenges ahead: attracting new firms, maintaining immigration flows, and competing successfully with fast-growing metro areas in other parts of the country.

Suggested Citation

  • James A. Orr & Giorgio Topa, 2006. "Challenges facing the New York metropolitan area economy," Current Issues in Economics and Finance, Federal Reserve Bank of New York, vol. 12(Jan).
  • Handle: RePEc:fip:fednci:y:2006:i:jan:n:v.12no.1
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    References listed on IDEAS

    as
    1. Jason Bram & Andrew F. Haughwout & James A. Orr, 2002. "Has September 11 affected New York City's growth potential?," Economic Policy Review, Federal Reserve Bank of New York, issue Nov, pages 81-96.
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    Cited by:

    1. Richard Deitz & Andrew F. Haughwout & Charles Steindel, 2010. "The recession's impact on the state budgets of New York and New Jersey," Current Issues in Economics and Finance, Federal Reserve Bank of New York, vol. 16(Jun/Jul).
    2. Éric Monnet & Pierre Uhel, 2007. "Géographie de l'industrie financière aux États-Unis," Revue d'Économie Financière, Programme National Persée, vol. 90(4), pages 71-92.

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