Friday, July 07, 2006
Swing and a miss
Two things to note that I see on a quick read: Construction employment has just stopped growing over the last four months. The softness in the housing market is making itself felt. Also, retail trade is not growing either. Those of us in St. Cloud know those two sectors were major contributors to the economy over the last two years. This report does not bode well for the local (central MN) economy.