Understanding the Economy: State-by-State Snapshots, March 2012.

Accession Number

PB2012-111680

Publication Date

Mar 2012

Media Count

112p

Personal Author

N/A

Abstract

This is the 15th edition of state-by-state snapshots issued by the Joint Economic Committee during the 112th Congress and includes state-level data through February 2012. This months report shows that four of five states gained private-sector jobs in February. Nationally, 233,000 private-sector positions were added during the month, marking the third straight month of private-sector gains exceeding 200,000. Both manufacturing and the retail sectors continued to show strength during February: the ISM reading of 52.4 indicated expansion of economic activity in the manufacturing sector for the 31st consecutive month and retail sales grew by 1.1 percent in February, following a gain of 0.6 percent in January. Additionally, durable goods orders increased by 2.2 percent during the month, partially offsetting the 3.6 percent decline in January.

Keywords

Earnings
Economic analysis
Economic conditions
Economic development
Economic forecasting
Federal budgets
Gross domestic product
Households
Income
Job creation
Recessions
States(United States)
Unemployment


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Source Agency

Congress, General

NTIS Subject Category

96 - Business & Economics
91J - Economic Studies
43B - Economic & Community Development

Corporate Author

Joint Economic Committee (U.S. Congress).

Document Type

Technical report

Title Note

N/A

NTIS Issue Number

1219

Contract Number

N/A

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