Which States Are Most Affected by Falling Oil Prices?

Thursday, March 12, 2015

 

At a recent Dialogue with the Fed presentation, Mine Kuban Yücel, senior vice president and the director of research at the Federal Reserve Bank of Dallas, presented her research into the dynamics of oil prices in the U.S. economy. One point she made was that certain states are more affected by falling oil prices than others. Specifically, there are eight states that experience a decline in employment when oil prices fall by 50 percent.

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