The greatest issues facing the US economy today are related to jobs and income growth. John Mauldin looks at job growth and where it comes from leaving us to ask if the discussions on this issue in the media and congress pay any attention to where jobs really come from?
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After a weak, but better than expected, ISM number the jobs report was much worse than we expected (and we did not expect much.) We’ll have more thoughts on this and the economy later today.
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To start, we are having a boom in our petrochemical industry : “We have counted $45 billion in construction projects in the area, by far a record number for the region,” Scott says. While other parts of the country struggle economically, the Capital Region is experiencing growth in part from its expanding petrochemical industry....
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