Tracking Detroit's economic recovery after bankruptcy with a new index

Tracking Detroit's economic recovery after bankruptcy with a new index

This article presents evidence that Detroit's economy is doing noticeably better than before the city filed for bankruptcy in July 2013. In order to track the city's economic recovery following its bankruptcy, we use a new index that quantifies Detroit's overall economic performance f...

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Veröffentlicht in:Chicago Fed Letter 2017-01 (376), p.1
Hauptverfasser: Brave, Scott A, Traub, Paul
Format: Artikel
Sprache:eng
Schlagworte:
Bankruptcy
Cities
Economic activity
Economic conditions
Economic indicators
Economic recovery
Economists
Employment
Estimates
Growth rate
Indexation
Labor force
Per capita
Recessions
Studies
Unemployment
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Beschreibung
Zusammenfassung:This article presents evidence that Detroit's economy is doing noticeably better than before the city filed for bankruptcy in July 2013. In order to track the city's economic recovery following its bankruptcy, we use a new index that quantifies Detroit's overall economic performance from 1998 to the present.
ISSN:0895-0164
2163-3592