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The Dollar and U.S. Manufacturing, Volume 4, Issue 12

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The Dollar and U.S. Manufacturing, Volume 4, Issue 12

DATE: November 1998

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ABSTRACT: U.S. manufacturing industries are becoming increasingly sensitive to changes in the international value of the dollar. A look at recent studies of exchange rate effects on industry performance suggests that the 1997-98 rise in the dollar may significantly reduce U.S. producers' profits and compel firms to scale back their investment in new plants and equipment.

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Federal Reserve Bank of New York. Research and Statistics Group. "The Dollar and U.S. Manufacturing, Volume 4, Issue 12," Current Issues in Economics and Finance (November 1998). https://fraser.stlouisfed.org/title/6879/item/627897, accessed on March 28, 2023.

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