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Economic Research

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Volume 10, Number 3
Third Quarter 2008


FEATURES

Foreclosures Chill Once-Hot Southeast Housing Market

Remittances Ebb and Flow With the Immigration Tide

Plumbing the Gulf's Depths for Oil and Gas

DEPARTMENTS

Fed @ Issue

Grassroots: Chattanooga, Tenn.

Q & A: Barb Godin

State of the States

Research Notes & News

Southeastern Economic Indicators

Staff

BackGround

Podcast Icon EconSouth Now

Photo of foreclosed houses Foreclosures Chill Once-Hot Southeast Housing Market

The housing market once added considerable sizzle to the Southeastern economy. But the foreclosure crisis has roiled the region and spread its tentacles into many industries and residents' lives. Foreclosures' eventual cost to the region's economy remains to be seen.
Audio icon Podcast on Home Foreclosures and Resources in South Florida (MP3 9:12)



Photo of construction worker Remittances Ebb and Flow With the Immigration Tide

Many people in developing countries rely on the remittance payments sent back home by family members working abroad. An economic slowdown in the United States has dampened the growth of this payment method. Changing migration patterns, economic developments, and new technologies and policies are affecting how—and how many—remittances are sent abroad.
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Photo of oil rig Plumbing the Gulf's Depths for Oil and Gas

Energy firms are busy exploring and drilling in the Gulf of Mexico, propelled by high oil prices and gradually dwindling supplies of easily accessible oil and gas deposits around the world. Technological and engineering breakthroughs have enabled these firms to reach depths never before possible, keeping energy production a major economic component of the Gulf Coast.
Audio icon Podcast on Gulf of Mexico Energy Exploration and Production (MP3 8:14)