Thursday, April 24 2014 3:47 PM EDT2014-04-24 19:47:30 GMT
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Lucas County Treasurer Wade Kapszukiewicz says based on a
variety of economic indicators in the county, 2013 saw the local economy
improving slightly and he anticipates slight growth again in 2014.
Kapszukiewicz released his ‘Wade Wire' report for the
fourth quarter 2013. It shows 2013 finished with a lower unemployment rate
compared to 2012, sales tax collections in the county were up, the construction
sector showed signs of growth, but the area is slow to regain jobs and wages
lost in the recession. He's hoping this can be a sign to local leaders of work
needed to be done to help people who are still struggling, but at the same time
showing progress being made.
"Unemployment is coming down," he said. "Construction is
rebounding. Sales tax is stronger. More people are buying automobiles. We are
absolutely moving in the right direction but we're doing it slowly and at a
slower pace than the state and the nation as a whole."
For more information, including links to economic reports
and how to contact the treasurer, click here.