Thursday, February 7, 2008

Good God

Posted By on Thu, Feb 7, 2008 at 2:55 PM

Superbad scoobies from this month's Humboldt Economic Index , as evidenced in the graph above concerning lumber production:

The index value of this sector is based on a combination of payroll employment and board feet of lumber production at major county lumber companies and is adjusted to account for normal seasonal variations. Lumber-based manufacturing generates about 55 percent of total county manufacturing employment ... The Lumber-based Manufacturing index has been on a downward march and continues to an all time low of 30.7 -- a decline from last month of 18.2%. This index has proved to be a constant weight on the overall composite by continually falling since July.

The authors note that December marked a recovery from last month's sub-100 shocker , but say that "many leading indicators support a contraction of the economy in coming months."

  • Pin It
  • StumbleUpon
  • Favorite
  • Email


Speaking of Business


Subscribe to this thread:

Add a comment

Readers also liked…

About The Author

Hank Sims

more from the author

  • Cache Flow Problems

    Malfunction at cable Internet provider leads to stale Web pages, private information exposed
    • Feb 3, 2011
  • Hot Seats

    As the general plan update finish line looms nearer, upheaval over planning commission membership
    • Jan 27, 2011
  • Is Everybody HAPPY?

    • Jan 20, 2011
  • More »

Latest in News Blog

© 2016 The North Coast Journal Weekly

Website powered by Foundation