State labor markets had mixed results in November, with some weak results offsetting a number of strong showings. Somewhat surprisingly, in light of the strong national results, only 6 states reported statistically significant gains [...]
Introducing
Charles Steindel
in:Our Authors
Charles Steindel has been editor of Business Economics, the journal of the National Association for Business Economics, since 2016. From 2014 to 2021 he was Resident Scholar at the Anisfield School of Business, Ramapo College of New Jersey. From 2010 to 2014 he was the first Chief Economist of the New Jersey Department of the Treasury, with responsibilities for economic and revenue projections and analysis of state economic policy. He came to the Treasury after a long career at the Federal Reserve Bank of New York, where he played a major role in forecasting and policy advice and rose to the rank of Senior Vice-President. He has served in leadership positions in a number of professional organizations. In 2011 he received the William F. Butler Award from the New York Association for Business Economics, is a fellow of NABE and of the Money Marketeers of New York University, and has received several awards for articles published in Business Economics. In 2017 he delivered Ramapo College's Sebastian J. Raciti Memorial Lecture. He is a member of the panel for the Federal Reserve Bank of Philadelphia's Survey of Professional Forecasters and of the Committee on Research in Income and Wealth. He has published papers in a range of areas, and is the author of Economic Indicators for Professionals: Putting the Statistics into Perspective. He received his bachelor's degree from Emory University, his Ph.D. from the Massachusetts Institute of Technology, and is a National Association for Business Economics Certified Business EconomistTM.
Publications by Charles Steindel
Global| Dec 20 2019State Labor Markets in November
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- Global| Dec 19 2019
State Personal Income
The patter of state personal income growth in the third quarter of 2019 was heavily affected by large gains in farm income. Aggregate income in the Great Plains state grew quite rapidly that quarter, with Iowa, Nebraska, and the two [...]
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- Global| Dec 13 2019
GDP by County
On December 12 BEA released comprehensive data on GDP by county (as well as metropolitan areas) for the years 2001 to 2018. The emphasis in the release was on the real growth estimates for 2018. While the interest in such figures is [...]
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- Global| Nov 22 2019
State Coincident Indexes
The Philadelphia Federal Reserve Bank's estimates of state coincident activity for October show some signs of increasing divergence in activity, with perhaps some more indications of weakness. Over the last 12 months, 30 states report [...]
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- Global| Nov 19 2019
State Labor Markets in October
Reflecting the relatively muted national increase, in general, states saw little change in payroll employment in October. Only 4 states (Texas, Maryland, Utah, and Nebraska) reported statistically significant gains. Michigan reported [...]
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- Global| Nov 07 2019
State GDP
BEA has released estimates of state GDP for the second quarter. Along with the new quarterly figures revised histories of state GDP were released, consistent with last summer's GDP revision. The highlighted figures were real growth [...]
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- Global| Oct 30 2019
State Coincident Indexes
The Philadelphia Federal Reserve Bank's estimates of state coincident activity for September were rather comparable to August's initial estimates, though fewer states appear to be growing very rapidly. Over the last 12 months, 32 [...]
- Global| Oct 18 2019
State Labor Markets in September
State labor markets were on the soft side in September. Only three states (Hawaii, Idaho, and Kentucky—clearly a group with little in common!) reported statistically significant gains, while two (New Hampshire and Virginia) had [...]
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- Global| Oct 03 2019
Consumer Spending by State
BEA has released estimates of current-dollar consumer spending by state for calendar year 2018, along with revised figures for earlier years. It's useful to keep in mind what these figures are and are not: 1. As noted, they are annual [...]
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- Global| Sep 27 2019
State Coincident Indexes
The Philadelphia Federal Reserve Bank's estimates of state coincident activity for August show some increased dispersion and, overall, some signs of softening in economic growth. Over the last 12 months, 29 states show increases in [...]
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- Global| Sep 24 2019
State Personal Income
State personal income growth in the second quarter of 2019 was brisk, following even stronger growth in the first quarter (this release contains revisions consistent with the mid-summer revision of GDP). The regional pattern of growth [...]
- Global| Sep 20 2019
State Labor Markets in August
State labor markets were mixed in August. Five states experienced statistically significant increases in payroll employment, with 3 (Arizona, Georgia and Kansas) .4 percent or higher. California had the largest numerical gain, but the [...]
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