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Terry L. Clower
Terry L. Clower is director of the Center for Economic Development and Research at the University of North Texas. The Center provides economic and public policy counsulting services to clients int he private, non-profit, and public sectors. Prior to joining UNT in January 1992, Dr. Clower was empoyed in private industry in logistics and site location management positions.
Dr. Clower has served as associate director, project manager, staff researcher, and statistical analyst on numberious projects reflecting experience in labor relations, economic and community development, public utility issues, transportation, and economic impact analyses. He serves as the Center's resident expert on telecommunications focusing on policy issues regarding infrastructure development. Drawing upon nearly a decade of experience in logistics managment, Dr. Clower leads the Center's transportaiton research efforts.
Recovery or Not?
The US economy has been embroiled in the longest downturn since the Great Depression. Based on recent data, many market observers have called the recession over. The S&P index has risen 60% from its 2008 low, banks are lending – though cautiously, and GDP resumed growth in the third quarter. But where are the jobs?
ECONOMY: Recovery or False Signal
Evidence is mounting that the US economy is in recovery. After a year of declines, US economic output rose in the Q3 2009 at a rate of 2.2%, which was followed by a more impressive increase of 5.7% in Q4.
