Moody’s Economy.com is predicting which states will emerge from the recession first. It’s forecasting that five states will begin adding jobs in the last quarter of this year. They are:
If you want to be in the right place when the recovery starts, that place may be in Colorado, Idaho, Oregon, Texas or Washington.
The recession didn’t start at the same time in every state, and it won’t end at the same time either. A new forecast from Moody’s Economy.com predicts that jobs growth will return first in those five states, starting in the last quarter of this year. Four of those states benefit from strong high-tech industries, and the fifth, Texas, has a strong base of energy industries.
Moody’s predicts that job growth will return to Montana in the third quarter of 2010.