Tue November 13, 2012
Regional economic outlook shows modest growth
The Greater Cincinnati region is slightly ahead of the nation according to the Cincinnati and Northern Kentucky joint chambers' 2013 economic outlook released Tuesday.
Janet Harrah is Senior Director of NKU's Center for Economic Analysis and Development.
"The forecast is really not that much different from last year. This year was better than last year. Next year is going to be better than this year, but it's going to continue to be very modest growth," she says.
The report shows the regional unemployment rate is improving though construction remains the hardest hit industry when it comes to creating new jobs. Manufacturing still lags behind pre-recession levels but is recovering more quickly than the rest of the country