More than six years after the economic expansion began, 93% of counties in the U.S. have failed to fully recover from the blow they suffered during the recession.
Nationwide, 214 counties, or 7% of 3,069, had recovered last year to prerecession levels on four indicators: total employment, the unemployment rate, size of the economy and home values, a study from the National Association of Counties released Tuesday found.
Source: The Wall Street Journal, Real Time Economics
Wednesday, January 13, 2016
Only 7 Percent, 214 of 3069, US Counties Have Recovered To Precession Levels
Posted By Milton Recht
From The Wall Street Journal, Real Time Economics, "Six Years Later, 93% of U.S. Counties Haven’t Recovered From Recession, Study Finds" by Eric Morath:
Posted 1/13/2016 01:00:00 AM