Report: 93 Percent of Counties Have Not Recovered From Recession

A majority of counties in the United States—93 percent—have not recovered from the recession that ended six years ago, according to a study the Wall Street Journal reported on Tuesday.

The study from the National Association of Counties evaluated four economic metrics—jobs, the unemployment rate, GDP, and median home prices—to see how counties fared. Only 214 counties of 3,069 in the United States had returned to prerecession levels of prosperity. The recession began in December 2007 and ended in June 2009.

“It tells you why many Americans don’t feel the good economic numbers they see on TV,” said Emilia Istrate, one of the authors of the study.

Full article: Report: 93 Percent of Counties Have Not Recovered From Recession (Washington Free Beacon)

Comments are closed.