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Midwest Economy Soars: Housing Up 44%, Jobs at Record High

4/29/2025

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Summary

Story summary

The Limerick Chamber's Midwest Economic Insights 2025 report shows housing prices up 44% and rents up 77% since 2019.
Employment has hit a record high of 279,000, with an unemployment rate of 3.4%.
A talent shortage and inadequate infrastructure are identified as barriers to growth.
The economy's reliance on manufacturing increases vulnerability to economic shocks.

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Story summary

The Limerick Chamber's Midwest Economic Insights 2025 report shows housing prices up 44% and rents up 77% since 2019.
Employment has hit a record high of 279,000, with an unemployment rate of 3.4%.
A talent shortage and inadequate infrastructure are identified as barriers to growth.
The economy's reliance on manufacturing increases vulnerability to economic shocks.