Second Quarter, Volume 3, Number 2

Federal Reserve Bank of Atlanta
EconSouth

In This Issue

STAFF

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
Designers

EDITORIAL COMMITTEE

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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ISSN 0899-6571

Volume 3, Number 2, Second Quarter 2001
		CURRENT ISSUE The Burden of Debt

		COVER STORY The Southeastern Auto Industry: Moving into the Fast Lane The auto manufacturing industry has changed dramatically during the past 30 years in response to consumer demand. Technological innovations, precision production systems and just-in-time delivery of auto parts have changed how and where cars are made. The Southeast stands to gain significant economic benefits as auto manufacturing facilities increasingly migrate to the region.

		FEATURES State of Flux? State Revenues in a Slower Economy For the last several years, greater-than-expected revenues were routine for state governments as the U.S. economy enjoyed extraordinary growth. The recent slowdown in growth has confronted some state governments in the Southeast with the challenge of falling revenues and budget cuts.
		U.S. Sneezes, World Catches Cold The U.S. economy’s robust health during the past decade has helped protect the rest of the world from the worst effects of various economic ills. But the United States has recently caught a slight economic cold, and the global economy should expect to suffer some of the symptoms.

		DEPARTMENTS Research Notes & News Dollar Index The State of the States Southeastern Economic Indicators