Posts Tagged: economy

New Orleans Economic Recovery Number One in US

New Orleans continued to fare better than any other metro area in the U.S. in recovering from the recession during the third quarter of 2012, according to a report released Wednesday by the Brookings Institute. That same report put Baton Rouge in the middle of the pack in terms of the comeback, coming in 52nd… Read more »

Arizona’s Economy, Real Estate Market Improving

The Arizona economy is in recovery mode, with home prices on the rise and construction activity moving higher. Real GDP should grow at an above-average 2.5 percent this year, and hold that momentum into 2013 as the housing recovery strengthened according to the State Monitor Report by BMO Capital Markets Economics. There is increasing evidence… Read more »

Mexico’s Economic Growth Slowed in Second Quarter

Mexico’s economic growth slowed less than analysts forecast in the second quarter as auto exports climbed to a record, helping offset a downturn in shipments of some manufactured goods and oil. Gross domestic product expanded 0.9 percent from the first quarter, an annualized rate of 3.5 percent and down from a revised 1.2 percent in… Read more »

Oregon Economy Showing Signs of Life

Economic recovery in Oregon is like spring: It arrives more slowly than you would like. But as the first quarter of the year comes to an end Saturday, a few economic blooms provide hope sunnier days are ahead. Daimler Trucks’ announcement this week that it is hiring 30 professionals and managers at its North American… Read more »

NM: Taos Economy May Improve in 2012

Taos County’s economy was 5 percent lower in 2011 compared to 2010, according to gross receipt numbers recently released by the state. The numbers are included in the most recent Taos Economic Report, which compiles economic data for Taos County on a quarterly and annual basis. In the fourth quarter of 2011 alone (October through… Read more »

Idaho’s Economy Improving

Finally, some relief.After months of wading through a recessionary mud pit, Idaho’s economy is showing faint signs of pulling itself out of the mire. Consider: Idaho’s jobless rate hit a two-year low of 8.5 percent in November, down from an all-time record of 9.7 percent in March. Sales tax collections, while falling short of state… Read more »

Arizona Home Sales Improve But Prices Continue to Drop

The Arizona labor market has begun to show some signs of improvement in recent months, although overall growth remains modest and home prices continue to fall, according to the State Monitor report released today by BMO Capital Markets Economics. … The Arizona economy continues to grapple with a depressed housing market. Home sales are continuing… Read more »

Detroit’s Economy Picking Up

Detroit, for so long the butt of jokes nationwide due to the levels of poverty and dilapidation on display to any visitors, is making a speedy return to the pinnacle of America’s manufacturing industry. The good feeling around Michigan is practically tangible. We should know – Benzinga is based in the state. While the Tigers… Read more »

CA: San Diego Economy Likely to Remain Weak Thru 2013

San Diego will see a period of slow growth as it continues rebuilding from the recession, with some positive signals in commercial real estate and Asian tourism, a panel from UCLA’s Anderson Forecast said Monday. Those experts predict the national economy will gradually rebound in mid-2012, expanding by a modest yearly pace of 2.5 percent… Read more »

ND: Bismarck is Booming

Bismarck is booming. In this North Dakota city, an economic portrait has emerged that is unlike any other in America. When landing in the state, the signs of growth can be seen everywhere. Lines at the airport are longer than ever — a record number of passengers entered the state last year, and a new… Read more »

Utah Hopes for Recovery Despite Weak Real Estate Market

Although Utah’s real estate market is feeling the pinch of “The Great Recession” more than most, Utah Governor Gary Herbert is optimistic about a statewide recovery. “We are on the right road going in the right direction,” Herbert told the audience at a recent Brigham/Tremonton Board of Realtors luncheon at Maddox Lodge, where he had… Read more »