CNR News: Missouri/Illinois Join Climb Out of Recession
Date 7/16/2010
The Construction News Review (CNR) reports:
Missouri and Illinois are among 46 states which are showing sustained recovery over the past few months, Reed Construction Data reported.
The expansion in economic activity in 46 states in the three months through May is persistent enough to assure that a sustained recovery is underway. The recession is still lingering in Alaska, Montana, Colorado and Nevada which all experienced no growth in the last three months and had a steady or declining economic activity index in May.
Missouri charts near the bottom of the states recovering, with a 2.4 increase in activity over the last three months and a 12.6 prercent drop in activity since the peak of 2007-2008. Illinois was up 3.5 percent in the three-month period and down The rise in the state economic activity indexes is consistent with May national data for jobs, consumer spending and factory production which all improved.
For the Full article: http://www.stlouiscnr.com/features/article/missouri_illinois_join_climb_out_of_recession/