Orlando Business Journal by Megan Anderson,
Web Producer
Orlando has posted private-sector employment gains in 72 out of
100 months, the longest growth rate of all the major Florida markets, according
to a new On Numbers analysis of U.S. Bureau of Labor Statistics data.
On Numbers studied the private sector’s performance in 100
markets, breaking down the annual growth rates posted for each month between
January 2004 and April 2012. The aim was to measure the consistency of economic
growth over a lengthy period, identifying those markets that were able to
expand steadily, even as the recession pulled most of the country to the
negative side of the employment ledger.
Of the other Florida markets, Miami came in second with
private-sector employment growth in 69 out of 100 months followed by
Jacksonville (67 months), Tampa (59 months), Fort Myers(58 months), Sarasota
(52 months), Melbourne (46 months) and Lakeland (37 months).
Any monthly growth, no matter how small, was considered by the
study to be a gain. But On Numbers also counted the number of times each market
surpassed a pair of thresholds: annual growth rates greater than 1 percent and
2 percent.
Orlando posted gains of more than 1 percent in 62 out of 100
months. However, the City Beautiful only posted gains of more than 2 percent in
43 of 100 months.
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