If this was a normal hurricane in Florida, you'd have construction people in pickup trucks heading south right now to help clean up and rebuild. Instead you have the governor saying to stay away. |
In the Mid-Atlantic region the economy has been stable and there's not a lot of oversupply of housing. |
In the next couple of years children of the baby boomers will be looking for rentals. |
It's pretty clear this is a trend. |
The middle of last year was really weak because of the uncertainty about energy prices and (then) the hurricane hit. But once we got beyond the uncertainty, firms were hiring. |
The risk is for a moderate downward revision. |
These are fairly well-paying jobs, and they're the kinds of jobs that are created when other services are doing well. It's a good sign for the economy that sector is contributing to growth. That tells me the economy is on its feet. |
This could be bad news for employers, who may have to pay out more to attract the people they want to hire. |
This is an interesting report. The economy is strong enough to bring more job-seekers into the market, but not necessarily because there are that many more new jobs. |
This report bodes well for Chester County. The U.S. and local economies are on a tear again. |