First Quarter, Volume 3, Number 1

Federal Reserve Bank of Atlanta
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Pierce Nelson
   Editorial Director

Lynn Foley
   Managing Editor

Michael Chriszt
   Contributing Editor

Jean Tate
Lee Underwood
   Staff Writers

Harriette D. Grissom
Stephen Kay
Elizabeth McQuerry
Myriam Quispe-Agnoli
   Contributing Writers

Carole Starkey
Peter Hamilton


Bobbie H. McCrackin
   Vice President and
   Public Affairs Officer

Thomas J. Cunningham
   Vice President and
   Associate Director
   of Research

John C. Robertson
   Vice President
   Research Department
   Regional Section

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The views expressed in EconSouth are not necessarily those of the Federal Reserve Bank of Atlanta or the Federal Reserve System.

Reprinting or abstracting material from this publication is permitted provided that EconSouth is credited and a copy of the publication containing the reprinted material is sent to the Public Affairs Department.

ISSN 0899-6571

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Volume 3, Number 1, First Quarter 2001

   Expect Continued but More
   Moderate Growth in 2001

Cover Story vertical line

   Productivity Growth, American Style

In the mid-1970s, there was little about the U.S. economy for other industrialized nations to envy. But since those dark days the U.S. economy has reinvented itself. Although layoffs and plant closings have characterized many industries during this time, the turmoil has ushered in more efficient technologies and processes, contributing to a substantial increase in productivity.

Regional Focus

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   Sunshine State Shines
   As Clouds Form in U.S. Economy

Florida has long been a preferred vacation destination for domestic and international travelers. But how will Florida’s thriving tourism industry withstand the slower growth predicted for the nation’s economy? As this article points out, the full impact of a slowdown is likely to vary across Florida’s different regions, which draw significantly diverse groups of visitors.
International Focus vertical line    Dollarization: Will the Quick Fix
   Pay Off in the Long Run?
Many Latin American countries have considered adopting the U.S. dollar as legal tender. While dollarization has its benefits, converting to the dollar may be a quick fix rather than a cure-all for economic ills, as some countries’ experiences suggest.

   Research Notes & News
      Dollar Index

   The State of the States

   Southeastern Economic Indicators

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