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Announcement
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Idaho to Lead the Way in Economic Recovery
A recent forecast by Moody's Economy.com predicts that by the last quarter of this year, the nation's recovery will start, in the form of job growth, in a first wave of states that includes Colorado, Idaho, Oregon, Texas and Washington.
The forecast is partly based on the prediction that the current slowdown in high-tech industries has created pent-up demand that will eventually create jobs, according to the report.
States that have a high concentration in tech-related industries are well-positioned to take advantage of this trend, which is particularly true of Colorado, Idaho, Oregon and Washington and to a lesser extent Texas, said economist Andrew Gledhill of Moody's Economy.com.
Jobs related to developing renewable energy, increasing efficiency and reducing greenhouse gases are growing at a faster rate than U.S. jobs overall, the study said.
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