October 16, 2009

79 Metros Where Recession Ends

Many are wondering how long the economic recession ends, but according to a new study it already ended in 79 metros!

One in five metro areas in America turned up towards positive economic trends, according to the study my MSNBC and the financial experts at Moody's Economy. Notably, none of these recovering metros are in New York or California, with the largest number in places like Iowa, Kansas and Missouri.

Consumer spending is still down all around, which is slowing the economic recovery, but in the 79 metro areas where money is flowing, things like employment and industrial production are showing very positive signs. Financial analysts disagree on how to read these latest economic trends, but hopefully it means the worst is behind us.

For a full list of the American metro areas now in recovery from the recession, click the article below and see if your town is on the list!

79 Metros Where Recession Ends

The recession finally ended in August in one out of every five metro areas in the United States, especially in the Midwest and Great Plains, according to the latest Adversity Index from Moody's Economy.com and msnbc.com.

79 Metros Where Recession Ends

Posted at October 16, 2009 3:41 AM

This same story also had a map of the U.S. showing which states were in recovery and which were still in recession. Of the 11 states shown in recovery, 9 went for McCain in the previous election and 1 (Indiana) went for Obama by less than 1%. Is it surprising that states that are predominently republican and conservative are in better financial condition than the very blue states dominated by liberals. In a word, NO. Note the following: in California 0 of 28 metro areas are in recovery, in Connecticut 0 of 4, in Maryland 0 of 7, in New York 0 of 13, in New Jersey 2 of 10, in Oregon 0 of 6, Michigan 1 of 16. These states are dominated by liberals who have run the economies of their states into the ground.

Posted by: Jack at October 16, 2009 7:31 AM

You know you people are so full of it. People think just because the stock market is up everyone thinks the economy is getting better. I say it is a lot of bull. Its good for the wealthy but bad for the working class. It is going to take more than the stock market to convince me The economy is getting better. And as far as comparing states that is also a lot of crap..

Posted by: Clarence Bunce at October 16, 2009 10:27 AM

this only proves that yes the recession is over, but also that the depression is just begining!! how do you justify 20 percent recovery at best as being good news? as far as population it way less than 20, more like 10!
beware of the government media complex;
global warming
swine flu
unemployment numbers
the real wars, russia, china
obama's birth place
health care
the economy; the stock market has always been a legging indicator of the economy

wake up!

Posted by: mo at October 16, 2009 11:22 AM

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