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The Regional Economist

April 2009

This Is Not Your Father's Recession ... or Is It?

The current declines in employment and income are consistent with what happened in previous recessions going back to 1969.  Unique this time are the major drop in home prices and the proactive response by policymakers.

Corporate Social Responsibility Can Be Profitable

Businesses have found that it can pay off to engage in social stewardship, such as donating to charity, protecting the environment and nurturing a diverse and safe workplace.

The Financial Crisis in S, M and L: Three Very Different Countries Respond Similarly

An examination of what Iceland, the United Kingdom and the United States went through last September and October during the financial crisis reveals some important differences and similarities.

President's Message: Fed's Bold Actions Harken Back to Volcker Era

Community Profile: Fort Knox Helps Protect Economy of Elizabethtown, Ky.

National Overview: Nearing the Bottom, or Digging a Deeper Hole?

District Overview: Annual Revision of Metro Jobs Data Shows Little Change from Earlier Reports

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