Job growth seen cooling in U.S. major metro areas

[UpInArms]

http://today.reuters.com/misc/PrinterFriendlyPopup.aspx?type=bondsNews&storyID=uri:2006-01-26T004341Z_01_N25390198_RTRIDST_0_ECONOMY-USA-CITIES-REPEAT.XML

WASHINGTON, Jan 25 (Reuters) - The Sunbelt cities of Las Vegas, Orlando and Phoenix will lead the United States in job growth in 2006 as the nation's metropolitan areas slow their economic recovery, according to a new study released on Wednesday.

The study by Global Insight Inc. forecast that "gross metro product" (GMP) -- the economic output of the nation's 361 metropolitan statistical areas -- will grow 3.3 percent this year compared to 3.7 percent in 2005.

The forecast is in line with broad expectations for a slight cooling of the U.S. economy and matches Global Insight's forecast 3.3 percent growth in 2006 U.S. gross domestic product, after 3.6 percent growth in 2005.

The study, conducted for the U.S. Conference of Mayors, valued U.S. metropolitan area economic activity at about $10.7 trillion in 2005, compared with $10.1 trillion in 2004.

"Metro economies are getting bigger, and even more important, they are leading U.S. economic growth for the next generation," said James Diffley, Global Insight's senior vice president for regional economies.

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[bullimiami]

1. cooling from what? its subzero already.

[lovuian]

2. And then watch the crime rate go up

up up!!!

[megatherium]

3. Are criminal organizations recruiting?

I can imagine the classified ad: "Wanted criminal with five or more years of experience in break-in or fencing; computer skills a plus."

Stampeding cattle? That's it?

In the Vatican!

Say, that's kinky, you're on!