Mike Alexander, chief of the ARC's research division, said the estimate was made from a combination of data sets -- birth and death rates, building permits and number of vacant housing units in the area.
"One of the things we did is we went and reviewed the most current unemployment data for the 10-county area and we actually saw a net increase in private sector employment," he said. "The last three years have been really tough. But it's good to see that some employment numbers are heading up."
This new ARC data falls in tow with previous reports. And with no specific indication as to when it might change, Alexander expects the trend to continue even with the slight employment boost.
"The reality is that it's still a relatively small increase in employment so it's not going to drive migration," he said.