U.S. Industrial Cycles

This webpage provides supplementary material for the paper "The propagation of industrial business cycles"  by Maximo Camacho and Danilo Leiva-León.

The video shows the choropleth map of industries for the period 1991:Q1 - 2013Q2. The partitions of the map represent the U.S. industries and their size represents their share of the national employment. The darker is an industry the higher is the probability of recession for that industry during that quarter. Numbers used to represent industries are explained in Table 1 of the paper.

The video shows the density estimates of the cross industry distributions of pairwise business cycle synchronization for the period 1991:M01 - 2013:M04.

The video shows two dimensional scale map of the business cycle distances across the industries for the period 1991:M01 - 2013:M05. Numbers used to represent industries are explained in Table 1 of the paper. The closer two industries are in the map, the higher is their business cycle synchronization.