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Researchers: West Virginia Economic Recovery Lackluster
By: Associated Press
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MORGANTOWN, W.Va. (AP) – West Virginia University researchers say economic indicators show West Virginia is further emerging from a recession.
The university said in a news release that the Mountain State Business Index has posted gains in four of the past six months. The index combines seven economic indicators to measure the expected swings in the state’s economic activity.
But the statement says the state’s recovery from the recession has been lackluster compared to previous business cycles due to the devastating floods in June and other economic issues.
WVU Bureau of Business and Economic Research director John Deskins says it remains uncertain if stronger economic growth will occur in the coming months.