Uncertainty Holds Down Job Creation (Tennessean): "Employers are cautious," said economist David Penn, director of the Business and Economic Research Center at Middle Tennessee State University. "There is lack of demand and uncertainty whether demand will be sustained and worth the cost of searching for new employees and hiring them." Employers have satisfied demand these past two to three years by increasing productivity of the work force that is left, Penn said. [more]
Economy Still on Mend after Years (Murfreesboro Post): "Recovery is underway, but the pace is not rapid," said David Penn, director of MTSU's Business and Economic Research Center, in his presentation to TACIR (Tennessee Advisory Commission on Intergovernmental Relations) in early February. [more]