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Old Posted Mar 20, 2012, 9:56 PM
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Evergrey Evergrey is offline
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Join Date: Apr 2003
Location: Pittsburgh
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Quote:
Originally Posted by whatsthepoint13 View Post
Thank you! We are indeed the fastest growing metro in the state of WV (to Charleston's disdain, of course). The vibrancy here is incredible, I've been to big cities that don't have half as much, so Morgantown is lucky.
http://www.bizjournals.com/pittsburg...on-growth.html

Quote:
Report expects Morgantown region to keep growing

Pittsburgh Business Times by Paul J. Gough, Web Producer
Date: Tuesday, March 20, 2012, 1:23pm EDT

A report released Tuesday finds that Morgantown, W.Va., south of Pittsburgh on Interstate 79, has a bright outlook over the next five years.

The Bureau of Business and Economic Research from the College of Business and Economics at West Virginia University projected a 1.8 percent annual growth rate between 2012 and 2016. Growth would be due to Marcellus and Utica shale development and other natural resources, along with health care, government and leisure/hospitality.

That growth rate would outpace the 1 percent expected during the same period for the state of West Virginia and 1.7 percent in the U.S.

The Morgantown region increased its employment and economic growth between 2010 and 2011. The growth -- 0.2 percent -- was slower than West Virginia (0.7 percent) or the United States (0.7 percent). But the report noted that the Morgantown region's three-year growth rate of 1.4 percent has been higher than state and national averages.

“Local job growth was relatively slow last year, but that was likely a temporary pause caused by the completion of a large infrastructure project and by the loss of temporary federal government jobs related to the Census 2010 count,” said George W. Hammond, associate director of the Bureau of Business and Economic Research in a prepared statement “The forecast calls for the Morgantown MSA to continue to post solid growth in jobs, income and population during the 2012-2016 period, assuming the nation avoids recession.”
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