| Abstract: | This paper utilizes newly available industry-specific historical measures of Gross Regional Product to highlight the changing regional structure of the U.S. economy between 1963 and 1986. During this period, the percentage of U.S. output produced in the eight different regions changed significantly. The largest changes occurred in the Great Lakes (?3.65 percent), Mideast (?3.32 percent), and Southeast (+3.64 percent). Four major industry sectors (Agriculture, Mining, Construction, and Government) declined in relative importance in all eight regions. Five major industry sectors (TCPU, Retail Trade, Wholesale Trade, FIRE, and Services) expanded in relative importance. Somewhat surprisingly, Manufacturing output expanded for the U.S. as a whole and for six of the eight regions. The perception of decline in the relative importance of manufacturing in the U.S. is clearly based on the dramatic declines in the once dominant manufacturing base of the Mideast and Great Lakes regions. |
