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May 06, 2008

Updated Economic News

The picture of the regional economy provided by the most recent data is relatively positive. We use "relative" because new employment data for the first quarter of 2008 come in a time of economic slowdown and the latest employment totals do not yet match those of 2001. With that exception, however, the overall employment picture is better today than at any time in the decade.

There are also are new postings on average weekly wages and cost of living.  In the first instance, wages are up significantly, in the second, prices remain relatively low.

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