RICHMOND, VA — (Marketwire) — 02/23/12 — Manufacturing employment in the United States has been declining for decades, a trend that accelerated during the 2007-2009 recession. Will the jobs come back? Can American manufacturing hold its own by focusing on higher-value products requiring high-skilled labor? The in the latest issue of Region Focus magazine looks at these and other developments in the sector.
Also in this issue:
The 2010 financial reform law gives shareholders, boards, and regulators new powers over pay. Will they help to stabilize the financial system, as their proponents say?
Over the next two decades, some 78 million baby boomers will reach retirement age. How will the recent recession affect their retirement? Is the concept of retirement about to change?
None of the 11 tribes that are formally recognized by the Commonwealth of Virginia has succeeded in obtaining federal recognition despite decades of trying. Why not, and what is at stake?
with monetary historian Michael Bordo of Rutgers University on the causes of the recent financial crisis, prospects for the eurozone, and central bank independence in the wake of the Great Recession.
is the economics magazine of the Federal Reserve Bank of Richmond. It covers economic issues affecting the Fifth Federal Reserve District (the District of Columbia, Maryland, North Carolina, South Carolina, Virginia, and most of West Virginia) and the nation.
For free copies of Region Focus, contact the Bank-s Research Publications division at (800) 322-0565. The articles are available online at
Contact:
David A. Price
Senior Editor, Region Focus
Phone: (804) 697-8018
Federal Reserve Bank of Richmond