BEA released on May 16 estimates of real personal income by state and metro area for 2017. The considerably lag reflects the methodology BEA uses to compute this data. First, estimates are made of consumer spending at these levels, [...]
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| May 28 2019Real Income by State and MSA: 2017
- Global| May 23 2019
State Coincident Indexes
The Philadelphia Federal Reserve Bank's estimates of state coincident activity again show that growth is less intensely centered in the West. Over the 12 months ending in March, Nevada is once again the leader, with a striking 5.4% [...]
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- Global| May 17 2019
State Labor Markets in April
State payrolls were, like the national figure, generally strong in April. Ten states had statistically significant gains, led in absolute numbers by California (46,000) and in percentage terms by Rhode Island (.8%) . A handful of [...]
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- Global| May 01 2019
State GDP in 2018:Q4
Real GDP growth by state was noticeably faster growth in the Western part of the nation than in the East in 2018:Q4. No state east of, or bordering on, the Mississippi River had real growth in the top 10. Growth was led by a whopping [...]
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- Global| Apr 25 2019
State Coincident Indexes
The Philadelphia Federal Reserve Bank's estimates of state coincident activity show more idiosyncratic than regional variation; in other words, there isn't a simple picture that the West is outstripping the East. Over the 12 months [...]
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- Global| Apr 19 2019
State Labor Markets in March
For a second straight month, state payrolls were little-changed in March. Washington’s robust increase of 27,900 (0.8 percent) was the statistically significant change. However, most states reported gains in jobs. California and Texas [...]
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- Global| Apr 08 2019
State Personal Income
State incomes grew strongly in the fourth quarter of 2018, according to recently released BEA data. South Dakota, Iowa, and Nebraska, reported double-digit annualized growth rates. New York had the lowest rate of growth, but even [...]
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- Global| Mar 22 2019
State Labor Markets in February
State payrolls were little-changed in February. Only two states (Florida and Idaho) reported statistically significant moves from January; both were increases. Across the other 49 jurisdictions (including DC) there were comparable [...]
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- Global| Mar 12 2019
State Labor Markets in January
Mirroring with national figures, yesterday's BLS release showed that state payrolls were generally strong in January. Thirteen states (as these things go, a large fraction) reported statistically significant increases in jobs. In [...]
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- Global| Feb 26 2019
State GDP in 2018:Q3
This morning BEA released the first estimates of GDP by state for 2018:Q3. These figures tend to be released with a fairly substantial lag; the government shutdown delayed them by only about 3 weeks. Washington is estimated to have [...]
- Global| Jan 25 2019
State Coincident Indexes
The Philadelphia Federal Reserve Bank's December estimates of state coincident activity continue to show a fairly moderate range of growth among the states, with 34 (2 more than the initial results for November) seeing gains between [...]
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- Global| Jan 25 2019
State Coincident Indexes
The Philadelphia Federal Reserve Bank’s December estimates of state coincident activity continue to show a fairly moderate range of growth among the states, with 34 (2 more than the initial results for November) seeing gains between [...]
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