Recession map

USA Today recession map

USA Today, by way of Moody's, published a map that charts the states and their metro areas now in recession.

First, it's predictable that recession and foreclosure incidence go hand in hand... the states hit hardest had the most housing build activity over the past decade. (Why foreclosure hit Bakersfield is still in expansion? I guess it's based on oil...)

Second, 30 states are still in expansion, adding some credibility to Bush's and the Fed's repeated assertions that the US economy may avert a recession.


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