Tuesday, July 26, 2016
Just a quick update on my ongoing tracking of how the fracking boom is doing across central Pennsylvania. Here is my quick calculation using June data showing how mining jobs are faring across Pennsylvania outside of the Pittsburgh MSA. The rate of decline has slowed a tad, but hard to see a soft landing in the time series and soon the number of jobs in this metric will drop below where they were before the shale development even began. The question remains, how much lower will it go?