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Archive for the ‘economy’ Category

That’s Not Hail


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The Herald’s AP story on the New England economy highlights lowered expectations on the region’s future growth (from the New England Economic Partnership):

Regional gross product growth is expected to average 2.2 percent per year through 2011, below the 2.6 percent the group had forecast last spring.

And then there’s this:

New England’s jobs growth is expected to average eight-tenths of a percentage point per year through 2011, compared with the national average of 1.1 percent.

Yeah, but who needs job growth?

Bad as it is, the outright depression in housing can’t kill the economy as long as job growth is healthy.

Well, I’d say go to Vegas with your savings, but you know, you may want to save yourself the airfare.

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