WV's Economic Forecast for 2015
WVU recently released an economic forecast that looks at the upcoming year and outlines some things we can expect from the economy. The Eastern Panhandle's economy is expected to stay strong into early 2015. “West Virginia’s Eastern Panhandle has experienced strong economic gains over the past few years, driven primarily by healthy growth in the trade, transportation and utilities sector in the region,” said Dr. John Deskins, BBER Director. “We expect the Eastern Panhandle economy will continue to build upon recent gains, posting a rate of job growth that is above the overall state average."
Other highlights from the forecast include an expected increase in employment of 0.9% per year through 2019, unemployment is expected to stay stable into 2016 and and personal income is expected to grow for the next five years. The 53 page report explores West Virginia's economy in depth with focuses on government and individual counties, among other things.