This interactive article is informative and definitively hopeful. It declares that 1 of every 5 metro areas in the nation ended its recession in August, indicating that the economy grew from six months earlier. This means a total of 79 areas are "in recovery." 270 are considered to have a "moderating economy" leaving only 35 still in their lowest points.
The interactive map portion of the article is perhaps the most interesting. You can click on each state to see all of its metropolitan areas. It then provides detailed information on whether the area is still in recession or not, as well as statistics on unemployment, housing prices, and more. Further into the article it gives a state by state analysis on how many of each state's meto areas are recovering, as well as information on why certain states are doing better than others.
1 comment:
This article was interesting for several reasons. It was nice to be able to look at the recession on a state-by-state basis. We have been hearing for months that the recession is nearing an end, but this shows that such statements are more true in states like Montana and North Dakota than Ohio. I also thought it was interesting that states with less dense populations are recovering faster. Also, within Ohio, I found it interesting that one of the reasons for the relatively positive outlook in Columbus is explained by OSU, which provides a steady spending base, multiplier effect, and flexible labor pool.
Post a Comment