How’s the Local Economy
I was at a local two hour seminar this morning on how the banking and real estate economies are doing. Our area here is very much like most of my readers I am presuming. It is very much agriculturally based and when the boom times in the housing market in 2002-2006 were going on, we were left behind.
However, when the major downturn came, we have not been affected too much yet. Also, we have had a large amount of federal stimulus money put into the local economy and that seems to be holding up pretty well. It is creating construction jobs and demand for new housing.
I am curious as to how the economy is in my reader’s area and would welcome any comments which will be posted on the site.