Income and employment in the Southeast : a study in cyclical behavior / by L. Randolph McGee.

Includes bibliographies and index.

Cover; Title; Copyright; ACKNOWLEDGMENTS; Contents; 1. INTRODUCTION; 2. INCOME; Aggregate Personal Income; Per Capita Personal Income; Cash Receipts From Farm Marketings; Average Weekly Earnings; Summary; 3. AGGREGATE AGRICULTURAL AND NONAGRICULTURAL EMPLOYMENT; Agricultural Employment; Total Nonagricultural Employment; Summary; 4. COMMODITY-PRODUCING INDUSTRIES EMPLOYMENT; Total Commodity-Producing Sector; Mining; Contract Construction; Manufacturing; Durable-Goods Manufacturing; Nondurable-Goods Manufacturing; Average Weekly Hours of Production Workers in Manufacturing.

5. SERVICES INDUSTRIES EMPLOYMENTTotal Services Sector; Transportation and Public Utilities; Wholesale and Retail Trade; Finance; Services and Miscellaneous Industries; Government; Summary; 6. EFFECT OF INDUSTRY-MIX; Nonagricultural Employment; Commodity-Producing Employment; Services Employment; Manufacturing Employment; Conclusions; 7. CONCLUSION; Summary of Findings; Conclusions; APPENDIXES; A. Sources of Data; B. Southeast and Non-Southeast; INDEX; A; B; C; D; E; F; G; H; I; J; K; L; M; N; P; R; S; T; U; V; W.

Although there has been a growing interest in regional economic development, the important aspect of regional business fluctuations has not received corresponding attention. This study focuses upon the relative cyclical behavior of income and employment in the Southeastern United States following the Second World War and seeks to determine in particular what effect the industrial composition of the region has had upon income and employment. Using the procedures of the National Bureau of Economic Research, Mr. McGee identifies four complete cycles of general business activity during the postwar.

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