For most states in the region, unemployment rates moved lower and job growth higher as manufacturers, finance firms and energy providers details growth. However, telecommunications remained weak and construction cooled in January.
More Quotes from Ernie Goss:
Increases over the past two months point to solid growth into the second quarter of this year.Ernie Goss
No other state in the nation stands to derive as much of an economic stimulus from the opening of the Asian beef market as Nebraska. However, economic gains are going to be slow going as food-processing firms attempt to re-establish a beef presence in these foreign markets.
Ernie Goss
If we'd had a typical winter, it would have been a little tough for the retailers.
Ernie Goss
Of course the loss of the 2,400 GM jobs will hurt the Oklahoma and Oklahoma City economies. However, given the provisions of job banks, the full force of the negative impacts will not be felt until 2008. In the interim, our survey points to solid growth with positive job gains in the months ahead for Oklahoma's economy.
Ernie Goss
The 15 Fed rate hikes and higher energy prices, even with the warmer than expected winter weather, are having negative impacts on confidence among regional supply managers and business leaders.
Ernie Goss
As we have seen in the past few months, our inflation gauge, and most national inflation indicators, point to somewhat lower inflationary pressures ahead.
Ernie Goss
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