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The Regional Economist

January 1994

Are States Giving Away the Store? Attracting Jobs Can Be A Costly Adventure

Competition among states to land the large, job-creating corporation may have reached its nadir in the recent Alabama/Mercedes Benz agreement. To make future incentive packages worth their while, states had better start including some guarantees for themselves.

Making Sense of Mark to Market

Market value accounting is a serious attempt to bring bank accounting practices out of the Dark Ages. But modernizing accounting practices won’t come easily or cheaply.

Can Agriculture Rebound This Year?

The early money is on a good year for farmers in 1994. But if we have weather like we did in 1993, all bets are off.

President's Message: Should the Fed Be Made More Accountable?

Pieces of Eight: News Bulletins from the Eighth Federal Reserve District