December 29, 2009

12.29.09: Downdraft

I was reading an article in the January 2010 issue of Business NC and reflecting on 2009. That's when I saw these stats -- a large eastern county in NC had a 94% decline in construction-related work (highway, utility and commercial-building jobs). Another central county had an 86% decline. To me, wow, this means that when I look around here, things are bad, but a 94% or a 86% decline is a whopper. So for this state, and presumably others, to get back on track, a rising tide needs to impact not just the big counties but all of those impacted by the downdraft.

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