New estimates released today by the U.S. Bureau of Economic Analysis show that economic growth slowed in most states and regions of the U.S. in 2007. Real GDP growth slowed in 36 states, with declines in construction and finance and insurance restraining growth in many states.1 Nationally, real economic growth slowed from 3.1 percent in 2006 to 2.0 percent in 2007, one percentage point below the average growth of 3.0 percent for 2002–2006.
Click here to see how your state fared.
Economic Impact of Colleges on Cities
Posted by philhardwick on June 5, 2008
This article in the May issue of Governing Magazine says that the university can replace the corporate headquarters as the big economic engine in a town.
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