欧美口爆视频

欧美口爆视频鈥檚 economy is growing more quickly in 2018 than projected, according to a new report from the Leeds Business Research Division at the University of 欧美口爆视频 Boulder. The state is on pace to add about 15,000 more jobs than expected.听

The 欧美口爆视频 Business Economic Outlook forecasted 1.8 percent job growth, or 47,100 jobs across the 欧美口爆视频 economy in the annual December report. That growth is now revised upward to 2.4 percent, or 62,600 new jobs by the end of the year.

With one of the lowest unemployment rates in the nation, 欧美口爆视频 is marking an increased labor force participation rate, enabling employment growth to outpace declining net migration more than business leaders expected.

One sector that is leading the way on job growth: natural resources and mining.

鈥淓mployment growth there is much higher than we anticipated. It鈥檚 been very strong. Energy prices are obviously factoring into it,鈥� Business Research Division Executive Director Richard Wobbekind said.

Construction is also playing an unexpected role in 欧美口爆视频鈥檚 reacceleration.

鈥淚t鈥檚 finally back to the same level of employment that they were at pre-recession,鈥� Wobbekind said. 鈥淭hey are really mostly constrained by lack of available workforce.鈥�

欧美口爆视频鈥檚 economic output is outstripping the rest of the nation as well, with state gross domestic product up nearly 4 percent.

Wobbekind expects that could be playing into increased business optimism for the 欧美口爆视频 economy.

Agriculture, however, appears to be a soft spot heading into the second half of 2018.

Drought, 欧美口爆视频 and stubbornly low commodity prices are hampering growth. The latest corn prices are down more than 30 percent from five years ago.

Internationally, 欧美口爆视频 growers and meat-producers are facing pressure from trade wars and a strong U.S. dollar.

Combined, 鈥渋t鈥檚 a tough road to hoe in some of the rural areas,鈥� Wobbekind said.