Archived

This topic is now archived and is closed to further replies.

mjcatl2

"The Pittsburgh Region's Economy Is Doing Better Than It Might Seem"

2 posts in this topic

The Pittsburgh Region actually lost fewer production jobs than most comparable regions, indicating that southwestern Pennsylvania remains attractive for high value-added manufacturing work. Moreover, jobs in science, engineering, and health care are growing faster in the Pittsburgh Region than in the U.S. as a whole and faster than many high-tech regions of the country.
In evaluating the region's economy, it's important to look beyond changes in total employment and focus on whether job growth is occurring in the sectors that bring new revenues into the economy, such as manufacturing, higher education, and research and development. These are the sectors that attract and retain talented young people and build regional wealth.

He add that the presence of longtime R&D centers feeds into this.

You can his post at:

http://pittsburghfuture.blogspot.com/

As we have discussed before the population loss has made growth slower and added to the appearance that there is not growth in the region. We all agree that things have improved, but the overall net loss is tough to swallow and a drag on the economy. As good as this is to understand (above), it will be great when we hit the tipping point and gets some faster momentum.

Share this post


Link to post
Share on other sites


Great take on things Mj, I like that blog link as well, lots of useful information.

Share this post


Link to post
Share on other sites

  • Recently Browsing   0 members

    No registered users viewing this page.