Behrend economist sees good times ahead -- if we avoid 'fiscal cliff'
12/12/12
The Erie-region economy has continued to expand, even as employers cut jobs in August, September and October, according to the latest Erie Leading Index, which was released Dec. 12. The local data shows no evidence of another recession in the months ahead.
The job losses are likely a temporary setback, said Jim Kurre, an associate professor of economics at Penn State Erie, The Behrend College, and director of the Economic Research Institute of Erie. Previous job growth was so strong - 1,300 positions were added in June alone and 1,300 more opened in July - that total job numbers are still higher than at the same time in 2011.


















