UNCG economics professor Don Jud makes the front page of today’s N&R with his Guilford Business Index, which reflects hope —however faint —for the area economy.
Jud says his economic index began declining in December 2007, the start of the recession, and hit its low point in July of 2009.
“We have been on the upswing ever since,” he said. “We’re still 2.3 percent below where we were in December 2007. We are still in recovery.”
For what it’s worth, I’ve noted a couple of times that Jud supported conservative incumbents in the November Greensboro City Council election. Election results are old news, but the new liberal majority has yet to get started. It will be interesting to see how they address the local economy.
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