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Presented t the NEDA/MEDC Technology Holyoke, MA <br /> Development Sby Jeff Lande June 16: 201'1 <br /> Economi'c I evelopn ent and,fob Creation: <br /> Domestic Sourcing is Part of the Answer <br /> ,teff Lande <br /> The Lande Group <br /> June16, 20 -Holyoke, AIA <br /> The Bad News <br /> Economy still weak <br /> Unemployment over 10% <br /> Underemployment over 17% <br /> 401 k retirement plans down over 3 % <br /> Housing prices underwater <br /> Firms hesitant to hire directly given market <br /> uncertainty <br /> Pressure to cut costs and increase margins <br /> Page 1 of 8 <br />