The Recession's Effect Varies by Region--Along With Recovery
Amid word that the U.S. economy is demonstrating more evidence of recovery--jobless, to be sure--comes a study from the Brookings Institution showing the wildly variable geographic impact of the Great Recession. Predictably, when unemployment, production, housing values, and other such indicators are combined, the recession's impact is harshest across the Sunbelt states, in the West, and in Michigan and northern Ohio.
Looks like the recession may linger quite a while longer in these areas, too.
See here for the full report.