The Auto Industry
With another round of negotiations between the major automakers and the unions winding down, a potentially large shock to Fourth Federal Reserve District employment appears to have been averted. Most auto production in the U.S. follows Interstate 75 south from Detroit through Ohio, Kentucky, Tennessee, and Georgia. Michigan and Ohio have the most final assembly plants, and parts producers are typically located nearby.
Suggested citation: “The Auto Industry,” Federal Reserve Bank of Cleveland, Economic Trends, no. 96-11, pp. 14-15, 11.01.1996.