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Eighth Notes



The Regional Economist sets out to "Ac-cent-tchu-ate the reg-ion-al...."

[President's Message]

Bubble, Bubble, Toil and Trouble:
Asset Prices and Market Speculation



As the Dow toys with 10,000, investors everywhere are positively giddy. But is this unprecedented growth being driven by fundamentals or black magic?

[Lead Article] by Adam M. Zaretsky

'Voting with Your Feet' and
Metro-Area Livability


Lists of the best places to live in the United States are as controversial and subjective as lists of Oscar nominees. A simple economic principle, though, can make the rankings much more objective and reflective of the average person's views.

[Economic Background] by Howard J. Wall

Is the Bloom off the Rose
for Eighth District Farmers?


After prospering at record rates in 1996 and '97, farmers experienced a sobering setback last year. Will the future on the farm be grim or grand?

[Economic Briefing] by Kevin L. Kliesen

Overlooked Market Gets Noticed


It was only a decade or so ago that the Evansville, Ind., economy was in a slump. These days, though, it's the darling of the state. How did the turnaround come about?

[Regional Report] by Jeryldine Tully

District Data


Selected measures of the region's business, banking and agricultural sectors