What this indicates to me is that the state participated in the main surge and recovery phase of the economic cycle and the cities also participated in that and were a leading source for growth in the state.
More Quotes from John Shelnutt:
Anything below 5 percent still amounts to a strong labor market.John Shelnutt
This area of employment activity seems to be going full bore now. That was the characteristic we saw in the last expansion in the 1990 s. This sector was red hot then and it appears to be taking on that pattern again now.
John Shelnutt
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