Political Bites: Job Announcements Signaling a Recovery?

Do recent high-wage job announcements in Chandler and Mesa make you more optimistic about the economy?

Cities are usually the first feel a slump in the economy and the first to feel a rebound.  The fact that Mesa and Chandler are announcing more jobs and showing economic activity is a good sign.  However, the state deficit still looms over cities as legislators appear ready to throw cities under the bus to balance their budget.  Until we see the impact of the state fiscal crisis it is hard to be too optimistic about recovery.