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Can the Return of Job Growth Continue? Yes

Rebuilding Our Economy: The Prospects for the Economy to do More in 2010 Craig Thomas Senior Economist April 26, 2010. Can the Return of Job Growth Continue? Yes. Source: BLS, BEA. Quickly Getting Rid of Excess Housing Stock. Got us into trouble. Getting us out of trouble. Source: BOC.

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Can the Return of Job Growth Continue? Yes

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  1. Rebuilding Our Economy: The Prospects for the Economy to do More in 2010Craig ThomasSenior Economist April 26, 2010

  2. Can the Return of Job Growth Continue? Yes Source: BLS, BEA

  3. Quickly Getting Rid of Excess Housing Stock Got us into trouble Getting us out of trouble Source: BOC

  4. Worst Is Over In the Ohio Housing Market Case Shiller house price index, 2000Q1=100 Source: Case Shiller, PNC Economics

  5. Households Are Getting Books Back In Order. Savings up, Debt Burdens Down % share of disposable income Source: BEA, FRB

  6. Consumers Are Back! Retail sales, % change year ago Source: BEA

  7. Shelves Are Bare. We Need More Stuff Now! Inventories, % change year ago Source: BOC

  8. Once Above 50, Manufacturing Is Expanding Again ISM New Orders Diffusion Index, Index, SA Source: BOC

  9. Exports Are No Longer A Drag; Higher Imports Reflect Stronger Domestic Demand Monthly change, 3-mth MA, $ bil., SA Source: BOC

  10. Earnings Have Rebounded Strongly, and the Markets Have Noticed. Source: S&P

  11. Jobs Are In Sight Total employment, % change year ago Source: PNC Economics

  12. Joblessness Will Remain a Challenge, And Opportunity Unemployment rate, % Source: PNC Economics

  13. Solid Industrial Diversity Shields Columbus From Manufacturing Consolidation Employment, ths Source: PNC Economics

  14. When It Comes to Columbus, Migrants Vote With their Feet Net migration, ths Source: PNC Economics

  15. Moderately Higher Rates on the Horizon Source: PNC Economics

  16. PNC Economics Regional Forecasting Platformwww.pnc.com/economicreports

  17. The PNC Financial Services Group, Inc. Disclaimer: The material presented is of a general nature and does not constitute the provision of investment or economic advice to any person, or a recommendation to buy or sell any security or adopt any investment strategy. Opinions and forecasts expressed herein are subject to change without notice. Relevant information was obtained from sources deemedreliable. Such information is not guaranteed as to its accuracy. You should seek the advice of an investment professional to tailor a financial plan to your particular needs.

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