Good news for earning growth

News. Economic consulting firm Moody's Economy.com has forecasted U.S. job growth by geographic region and by industry (click on the chart to enlarge it). This interactive was updated Nov. 3, 2009. We will update it each month.

This graphic shows actual job growth through third-quarter 2009 and Moody's Economy.com's forecasted job growth for fourth-quarter 2009 through third-quarter 2013. It covers every state, the District of Columbia and 384 metro areas, broken down by fourteen industry sectors. The data are seasonally adjusted. (Source: USA Today).

Comment. According to Moody's forecast the economy will expand until 2012. Another forecast presented by USA Today suggests instead the economy will slowdown in 2010. These forecasts indicate the odds favor the economy to grow quite strongly at least until 2010.

This is good news for earnings. Time will tell, of course.

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George Dagnino, PhD
Editor, since 1977
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