Thursday, April 16, 2009

Housing Starts

When you are located in North Carolina you will be effected by housing starts. The numbers released this week show it down 75% from its high in 2005 / 2006. With so few new houses being build, it directly impacts the local furniture business. They are struggling to stay busy 3-4 days per week. They are also taking different weeks off to help cut costs. That being combined with the other businesses in Western North Carolina gives this area the 2nd highest unemployment rate in the United States. But just the overall economy is not the entire story. These jobs have been disappearing for the last several years. They are being sent "overseas". Sent to places with lower labor rates so the corporations can make more money. This is where we need help from the politicians that we elect to office. The economical stimulus package is not going to help get these jobs back. It may put a few construction workers back to work but not the furniture workers. Who is looking to help the woodworking people of North Carolina?

No comments:

Post a Comment