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Old 05-03-2010, 09:46 AM
 
Location: North America
19,784 posts, read 15,111,393 times
Reputation: 8527

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We still have a way to go before we see full recovery from the economic meltdown on 2006 - 2010, buit any good news is welcome.

AP analysis: Economic stress drops in most areas | Comcast.net (http://www.comcast.net/articles/finance/20100503/US.Stress.Map/ - broken link)

AP analysis: Economic stress drops in most areas

WASHINGTON — Economic stress declined in March in nearly three-quarters of the nation's 3,141 counties, according to The Associated Press' monthly analysis of conditions around the country.

The gains were due to an improving job market in the Mid-Atlantic and Southeast and a steadying of foreclosure rates across the Sun Belt.
In 38 of the 50 states, economic distress dipped or was unchanged from February, AP's Economic Stress Index found. Nationwide, foreclosures worsened slightly. Bankruptcy rates did, too. But those declines were offset by a better jobs picture.
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Old 05-03-2010, 10:10 AM
 
Location: SE Arizona - FINALLY! :D
20,460 posts, read 26,330,678 times
Reputation: 7627
Yup. the recovery is WELL underway. By the end of summer we'll have seen a marked improvement. It won't be "fully well" yet (that'll take another year or so) but the path ahead will be much more clear (and much brighter).



Ken
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Old 05-03-2010, 10:17 AM
 
Location: North America
19,784 posts, read 15,111,393 times
Reputation: 8527
Quote:
Originally Posted by LordBalfor View Post
Yup. the recovery is WELL underway. By the end of summer we'll have seen a marked improvement. It won't be "fully well" yet (that'll take another year or so) but the path ahead will be much more clear (and much brighter).



Ken

Anyone that thought this was going to magically end in one quarter is delusional. Every improvement is welcome.
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