Volume 10, Number 3
Third Quarter 2008
Foreclosures Chill Once-Hot Southeast Housing Market
Remittances Ebb and Flow With the Immigration Tide
Plumbing the Gulf's Depths for Oil and Gas
Fed @ Issue
Grassroots: Chattanooga, Tenn.
Q & A: Barb Godin
State of the States
Research Notes & News
Southeastern Economic Indicators
||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.