The Valley racked up another quarter of encouraging gross absorption results across all product types.  Although there is an increase in optimism about the region’s commercial real estate market, the crawl out from 2009 still carries some excess baggage. Job growth in the region remains in the doldrums as reflected in the latest figures reported by the U.S. Department of Labor in June that show an 11.4 percent unemployment rate, down from the this year’s peak of 12.4 percent reported in January. Until this area shows improvement, the region will have to settle for a slow and painful climb out of economic recession.