Thursday, May 8, 2008

Orlando area actually lost jobs in late '07, but housing might not be so bad

Statistics can stump even the best experts, and this year the professional number crunchers are feeling the heat of faulty forecasts and shaky surveys as the economy slumps in Orlando and across the nation.Florida was losing jobs month after month during the second half of 2007 -- not gaining them, as the state's labor office kept reporting at the time. The wholesale revision of those numbers earlier this year sent public and private economists scrambling to ratchet back their growth forecasts for the balance of this year.

Read on fr the full article http://www.orlandosentinel.com/classified/realestate/orl-stats0708may07,0,4930463.story

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