Faculty Senate . President’s Report. October 6, 2010. Update. Frankfort/Economic update Employment Medicaid – Session 7 Strategies Capital Campaign TIF Searches “On the Road Again”. We know that nationally times have been unprecedented.
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October 6, 2010
have been unprecedented
* Lowest level during the current recession. The next two quarters (2009: III and IV) have been positive.
Sources: NBER, BEA, and BLS.
Accelerated growth first half of the year. Inventory build up
Consumer is saving – long term a good thing
Business also cautious - cost containment – not adding workers
Slow/very slow recovery
National Economic Thoughts
Nonfarm employment in thousands
Manufacturing – Our Bread and Butter
e.g. Shelby Campus
Discussion continues as does the war
Lots of promise
Record year again, but…
Kentucky Trailer’s next