Thursday, October 27, 2011

National Economy grows to tread water state, local economy fares better

In a mild surprise third quarter growth in the U.S. GDP reached 2.5%, almost doubling second quarter growth, according to the Commerce Department. In Louisiana job growth continues with the New Orleans area adding almost 11,000 jobs between September 2010 and September 2011. The metro area unemployment rate in September was 6.9%.