Recession felt more by some than others
June 17th, 2009 | by Stevens |Check out the diagram below as highlighted by the Huffington Post. It is a list of the strongest and weakest areas in terms of being affected by the recession. The study was down by the Brookings Institution. They looked at employment, unemployment, rates, wages, gross metropolitan product, housing prices and foreclosure rates.
The number of Florida cities listed (7) in the bottom 100 (80-100) is scary. The housing sector in particular has hit hard in Florida. Unemployment is not good either. Not to mention a public education that only looks good compared to Louisiana. And yeah, tourism is DOWN.
Then you have California, which features 6 of the bottom 20.
The hardest hit area is Detroit, though, so we can expect the Pro-Michigan commercials to continue. In Detroit, for sale signs are everywhere. People are flocking out of the area.
There is a debate going on about who should get the most stimulus money from the Federal Government. It is obvious who is going to ask for the most help


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