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Springfield, Missouri |
March 27, 2008 |
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SPRINGFIELD
METRO AREA RATES HIGHLY IN
FEDERAL RESERVE ECONOMIC CONDITIONS REPORT |
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The March 19, 2008 report on Economic Conditions in the Eighth Federal Reserve District rates the Springfield region considerably stronger than other metro areas in parts of seven surrounding states.
Overall economic activity in the Eighth Federal Reserve District, St. Louis zone, slowed during the early part of 2008. General retailers and automobile dealers reported weakened sales and manufacturing activity was reduced region-wide. Residential real estate markets continued to soften, although commercial markets remained relatively strong.
However, the Springfield area’s job growth and housing starts, along with manufacturing activity and continued low unemployment rate, rate the region significantly above other metropolitan areas in the district.
The full report is available on the 8th District's website. |
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Visit us at
www.business4springfield.com for additional information
regarding developments and data on the Springfield area. |
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If you can not read
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www.business4springfield.com/news |
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