On This PageApril 1991, No. 44

This Chicago Fed Letter reviews the economic performance of the Midwest in 1990 for the manufacturing, service, and construction sectors and evaluates the initial impact of the current national recession on the Midwest in the context of previous recessions.

Will the Midwest Weather the Storm?
Last Updated: 04/30/91

With its heavy dependence on cyclical industries, the Midwest economy has not escaped the effects of the national recession. The question is whether its improved competitiveness will allow the region to weather this recession in better form than during previous economic downturns.