Chicago Fed Letter
Most Recent Article
August, No. 277c
Charting Illinois’s Fiscal Future (Special Issue)
The state of Illinois has been facing a precarious fiscal situation for the past several years. According to the Civic Committee of the Commercial Club, Illinois has accumulated over $120 billion in total indebtedness. This works out to nearly $25,000 per household. Even in the short run, Illinois faces a budget deficit in excess of $11 billion in the next budget year.
August, No. 277b
How Can Payment Reform Improve the Health Care Value Chain? (Special Issue)
On April 26–27, 2010, the Federal Reserve Bank of Chicago and the Detroit Regional Chamber co-sponsored their fourth annual forum on health care. This year’s program focused on how payment reform within the health care value chain can improve health care delivery. It also explored the role of employers in promoting better health among their employees.
August, No. 277a
After the Perfect Storm: What’s Next for the Auto Industry? (Special Issue)
Thomas H. Klier Martin Lavelle James Rubenstein
Amid the global recession in 2008–09, the U.S. auto industry experienced its worst downturn in recent memory. While conditions have improved in 2010, questions about which factors will shape the industry’s competitiveness remain. The Chicago Fed hosted a conference on May 10–11, 2010, at its Detroit Branch to explore the industry’s past, present, and future.
August, No. 277
Economy on Cruise Control in 2010 and 2011
William A. Strauss Britton Lombardi
According to participants in the Chicago Fed’s annual Automotive Outlook Symposium, solid economic growth is forecasted for the nation this year and in 2011. Inflation is expected to remain contained, but the unemployment rate is anticipated to remain high. Light vehicle sales are forecasted to improve moderately in 2010 and 2011.
