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life in rural nebraska

The recession is over?

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So says the government.  The GDP is clocking in at 3% growth at the moment but a lagging indicator, employment, is still dismal.  Unemployment is poised to break 10% next week.

We’ve been lucky in Valley County.  We’re far, far below those unemployment trends (we’re at 2.5%) and our retail sales grew over the past year.  Many contrary trends to those found nationally.  Let’s hope it continues.

Written by Caleb

October 27, 2009 at 1:11 pm

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