The Real Estate Wonk: Good news, bad news - Baltimore homes, apartments, real estate: Buying, selling, renting and housing news from reporter Jamie Smith Hopkins

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December 22, 2007

Good news, bad news

Good news: Today's story about Maryland's employment picture notes that new government numbers show employers adding 9,200 jobs here in November, second-largest increase in the country.

Bad news: We won't know for at least another month whether it's a statistical hiccup.

The estimates are frequently revised, sometimes significantly, said Robert A. Dye, senior economist with PNC Financial Services Group. ...
"We need to see several months of increase in order to have more confidence," Dye said. "There's no way to tell ... whether this is going to stick or not."

Ah, the joy of surveys.

Posted by Jamie Smith Hopkins at 6:25 AM | Permalink | Comments (0)

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About Jamie Smith Hopkins

Jamie Smith Hopkins, a Baltimore Sun reporter since 1999, writes about the regional economy. Her reporting on the housing market has won national and local awards. Hopkins is a Columbia native and has lived in Maryland all her life, save for 10 months spent covering schools in Ames, Iowa.
She trained to become a wonk by spending large chunks of time as a geek and an insufferable know-it-all.
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