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Chicago Fed Letter, No. 44, April 1991
Will the Midwest Weather the Storm?

With its heavy dependence on cyclical industries, the Midwest economy has not escaped the effects of the national recession. The question is whether its improved competitiveness will allow the region to weather this recession in better form than during previous economic downturns.

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Federal Reserve Bank of Chicago, 230 South LaSalle Street, Chicago, Illinois 60604-1413, USA. Tel. (312) 322-5322

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