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Last Updated: 10/17/05

News Release

Fed Letter Looks at Potential of Biotech Industry in the Midwest

Industrial production long was the heartbeat of the Midwest economy. But as that industry's role in the region diminishes, policymakers have explored new directions. At a series of conferences, local experts discussed the potential of the biotech industry as the Midwest's next frontier.

Read this article (53KB) in the latest edition of the Chicago Fed Letter.

Senior Economist Bill Testa, author of this Fed Letter, also has a blog about the Midwest economy.

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

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