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From the list of America's fastest shrinking economies: <br>
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<p><strong>8. Pocatello, ID</strong><br>
<strong> > 2013 GMP change:</strong> -2.2% (tied-7th worst)<br>
<strong>> 2013 change in employment</strong>: -0.3% (43rd
worst)<br>
<strong>> Projected 2014 GMP change</strong>: 1.5% (69th worst)<br>
<strong>> Unemployment rate:</strong> 6.4% (143rd lowest)</p>
<p>Pocatello’s economy shrank for the second consecutive year, with
GMP contracting 2.2% in 2013 after dropping 1.7% in 2012.
Additionally, the area shed jobs last year even as the U.S.
continued to add jobs. Pocatello has lately had to deal with the
bankruptcy of solar panel component maker, Hoku Corporation. The
city attracted Hoku with nearly-free land leases that ended up
costing taxpayers considerable sums of money. While job growth and
output are projected to pick up in 2014, the area is expected to
continue to lag behind the rest of the U.S.<br>
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<a class="moz-txt-link-freetext" href="http://247wallst.com/special-report/2014/01/31/americas-fastest-growing-and-shrinking-economies/">http://247wallst.com/special-report/2014/01/31/americas-fastest-growing-and-shrinking-economies/</a>
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Ken<br>
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