ANNOUNCEMENTS: President Ken reminded board members of the upcoming meeting on Tuesday, December 8 at 7:15 a.m.
SGR’s Christmas party will be held at the Courtyard Marriott on Monday, December 14. Time is 11:45 a.m. - 2 p.m. A head count of members and spouses is required. Please call Shar, Ken or Linda Sappington to report the number.
PROGRAM: Ken Sizemore introduced today’s speaker. Lecia Langston, Southwest Utah economist from the Department of Workforce Services, shared her optimistic view of the economy, noting "the recession appears to have ended in the 3rd quarter of this year. We’re not all better yet, but we are in the recovery period." Quoting US President Franklin Delano Roosevelt, Lecia said of the painful downturn in the local economy, "we’ve always known heedless self interest is bad morals, but now we know it is also bad economics." Among the local employment sector, the hardest hit for job losses were construction (with 2500 laid off) and manufacturing (with 650 jobs lost). Washington County, which for many years was Utah’s fastest growing county and one of the top ten fastest growing counties in the U.S., is now Utah’s slowest growing with the state's highest number of foreclosed homes and housing permits down by more than 50% from 2008 with only 443 permits issued through September 2009. For more information on the economic future for Washington County, see http://www.jobs.utah.gov/ or contact Lecia by e-mail at mailto:firstname.lastname@example.org.