The South shall rise again.
Employment growth will differ markedly among U.S. regions through 1994 due to variations in factors such as population fluctuations, cost structures, and industry mix, according to a DRI/ McGraw-Hill forecast. The fastest growing region will be the South, with expected annual expansion of 2.3%, while the Northeast will experience the slowest, at 1.7% annually. The West and Midwest each are expected to rise by two percent.
Florida will be the fastest growing state (3.5%), followed by Nevada and Utah, According to DRI/McGraw-Hill regional economist Sara Johnson, Florida's construction employment is surging. "The South Atlantic states are attracting manufacturing and financial service industry investments. Their success reflects a low cost structure, an influx of new residents, and proximity to the growing Latin American...
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