Can high tech save the Great Lakes states

Journal Article · Tue Nov 01 04:00:00 EST 1983 · N.Engl. Econ. Rev.; (United States)

OSTI ID:5158569

Browne, L E

Hard hit by the current recession, the Great Lakes states are looking at New England's success with high technology to solve their long-term economic problems associated with their dependence on smokestack manufacturing industries. ''High tech'' is a concept relating to evolving knowledge-intensive industries. A comparison of employment records shows a faster growth in nonmanufacturing compared to high-tech industries, which create a relatively small fraction of total employment. Despite a high level of manufacturing activity in the Great Lakes region, high-tech employment is lower than the national average. A 1981-83 survey of high-tech companies showing an interest in increasing expansion investment in the Midwest will not help the area improve its employment situation. High labor costs and a low percentage of college graduates deter investment there. The application of high tech to preserve traditional industries looks more promising than efforts to emulate New England and the Southwest. 10 references, 3 figures, 5 tables. (DCK)

• Research Organization: Federal REserve Bank of Boston, MA
• OSTI ID: 5158569
• Journal Information: N.Engl. Econ. Rev.; (United States), Journal Name: N.Engl. Econ. Rev.; (United States); ISSN NWEEA
• Country of Publication: United States
• Language: English

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