Robert DiClemente
Robert DiClemente
activity businesses obvious production projects sort variety wary
It's obvious there's a lot of hand-to-mouth production going on, as businesses are still very wary about undertaking big projects or any sort of new activity for a variety of reasons, some intangible.
employment familiar gap growth possible rapid reflecting subdued
The gap between rapid growth and subdued employment is a familiar story reflecting a possible 'once in a lifetime' surge in productivity,
budgets changes corrected growth jarring local policy rates rather relative small spending state tax
State and local budgets can be corrected by small changes in the relative growth rates of spending and tax revenues, rather than by jarring policy initiatives.