Wednesday, December 1, 2010

Nashville Economy Rebounded Well from Recession - From the Tennessean: "David Penn, a professor at Middle Tennessee State University who studies the local economy, said Nashville did worse than other metro areas during the recession because of its heavy dependence on automobile manufacturing, which took a huge hit. However, ... the local employment picture offers contradictory snapshots. One measurement of employment that relies on surveys of employers continues to show a decline. Another, used by the Brookings Institution, makes calls to households. It says the area is gaining jobs. It may be that some employers are not putting additional workers on the permanent payroll, but more people are working contract jobs or as freelancers."