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 [...]
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| Nov 07 2019State GDP
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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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- Global| Aug 21 2019
State Coincident Indexes
The Philadelphia Federal Reserve Bank's estimates of state coincident activity for July show fairly good growth over the past year, but signs of weakness—and greater dispersion in the distribution of growth-- more recently. For a [...]
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- Global| Aug 16 2019
State Labor Markets in July
Most states saw little or no change in the number of jobs in July. Five states report statistically significant gains. Texas’s 35,200 was the largest absolute increase; Utah’s 0.7% gain was the largest percentage rise. Florida was the [...]
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- Global| Aug 05 2019
State Coincident Indexes
The Philadelphia Federal Reserve Bank’s estimates of state coincident activity for June continue to show that most states are experiencing reasonably healthy growth. As was the case for May’s first set of numbers, the June results [...]
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- Global| Jul 25 2019
State GDP in 2019:Q1
Real GDP growth by state continued to be centered in the West in 2019:Q1, although West Virginia's pace, 5.2% at an annual rate, was the fastest in the nation. Eight of the nine other states in the top ten were in the West, led by [...]
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- Global| Jul 19 2019
State Labor Markets in June
The June job numbers from the states, like the national figures, showed increases, but except in a few instances these were not statistically significant. Only 4 states reported statistically significant gains—but these included [...]
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