Loading…
Wednesday, August 20, 2014
Current Weather
Loading Current Weather....
Published: Saturday, 8/7/2004

Toledo-area economy better in 2nd quarter

The Toledo area's economy improved slightly in the second quarter, although the local recovery has been weak, with no job growth, according to a local index of leading indicators.

The Toledo index increased 1.1 percent to 100.9, well below its peak of 109.4 in early 2000, said Paul Kozlowski, University of Toledo professor of finance and business economics. He issued his report yesterday.

Only two of six index indicators moved favorably, housing permits and car sales. Among indicators that were unfavorable were an increase in the initial jobless claims and new factory orders.



Guidelines: Please keep your comments smart and civil. Don't attack other readers personally, and keep your language decent. If a comment violates these standards or our privacy statement or visitor's agreement, click the "X" in the upper right corner of the comment box to report abuse. To post comments, you must be a Facebook member. To find out more, please visit the FAQ.