by Kristen Cloud/staff writer Alabama has more to celebrate than the Crimson Tide’s recent BCS National Championship. While the tough times are certainly not over for the state or the country, forecasts indicate that the Alabama economy will continue to experience modest improvement in 2013. The state’s unemployment rate of 7.5 is below the 7.8 […]
Category: Market Profile
Posted in, Market Profile, Northeast
Outlook Bright For Delaware, But State Still Faces Budget Challenges
by Kristen Cloud/staff writer The economic recovery in Delaware will move from lagging the national economy to leading it over the course of this upcoming year. That’s according to a first quarter 2013 Delaware Market Outlook from The PNC Financial Services Group. “In the near term, the state’s exposure to Europe and the lack of […]
Posted in, Market Profile, West
Economy Improving, But Significant Growth Proves Slow-Coming For Nevada
by Kristen Cloud/staff writer While the Nevada economy appears to have improved slightly over the course of 2012, the Silver State has a long way to go in catching up with the pace of recovery being experienced by the rest of the U.S. and even most other western states. According to Dr. Stephen P.A. Brown, […]
Posted in, Market Profile, Midwest
Minnesota 2013: Democrat Control Of House, Senate Could Impact Grocers
by Terrie Ellerbee/associate editor Grocers are “subtle partners within their community,” says Jamie Pfuhl, president of the Minnesota Grocers Association (MGA). The words “Consumers, Careers & Communities” are prominently displayed on the MGA website, and though she knows they hate to do it, Pfuhl wishes grocers would do a bit better job touting what they […]
Posted in, Market Profile, Northeast
Retail Sector Emerges Modestly Triumphant In Flat Maine Economy
by Kristen Cloud/staff writer Though the Maine economy remains flat, as it has for the last several years, there is a bright spot, albeit dimmer than most would like, and it’s in retail. According to Charles S. Colgan, professor of public policy and management for the Muskie School of Public Service at the University of […]
Posted in, Market Profile, Southeast
Modest Growth Expected For Georgia In 2013, But National Fears Loom
by Kristen Cloud/staff writer Georgia Gov. Nathan Deal reported in early December that the state is doing OK. His office’s highest priority continues to involve bringing new industry to the state in order to create jobs. The Peach State’s unemployment remains high, at 8.5 percent, above the national rate of 7.7 percent. “As of mid-2012, […]
Posted in, Market Profile, West
Arizona Shows Signs Of Recovery With Growth In Housing, Real Estate Market
by Kristen Cloud/staff writer The housing and real estate market, which many consider the best gauge of how the economy is doing, certainly appears to be improving in Arizona. In Phoenix alone this year, home prices have risen by more than 20 percent, the highest of any city in the country, according to Tim McCabe, […]
Posted in, Market Profile, Northeast
New Jersey Struggles As Income Drops, Public Assistance Increases
[gn_note color=”#b1cbde”]The 2012 New Jersey Profile originally ran in the October 2012 edition of The Shelby Report of the Northeast.[/gn_note] by Kristen Cloud/staff writer New Jersey’s economy is struggling. Few would argue that. The Garden’s State’s unemployment rate hit a 35-year high of 9.9 percent in August, soaring over the national rate of 8.1 percent. […]