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63 percent of the country is now listed as in "recovery"

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impik Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-26-10 09:48 AM
Original message
63 percent of the country is now listed as in "recovery"
The recovery has finally begun in the nation's two largest metro areas, New York and Los Angeles, according to the latest Adversity Index data from Moody's Economy.com and msnbc.com.

Besides New York and Los Angeles, other additions to the economic recovery room include Oakland; Phoenix, Flagstaff and Tucson, Ariz.; Portland, Ore.; Yakima, Wash.; Shreveport, La.; New Haven, Conn.; Albany, N.Y.; Fairbanks, Alaska; Green Bay, Wis.; Knoxville, Tenn.; and Winston-Salem, N.C. The assessments are based on data from March.

Of the nation's 384 metro areas, 240 or 63 percent are now listed as in "recovery," the second-highest category in the Adversity Index, up from 205 in February. Another 143 areas were listed in a "moderating recession," meaning the decline continues, but not so fast as earlier.

http://www.msnbc.msn.com/id/37326964/ns/business-eye_on_the_economy/




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Cha Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-26-10 09:56 AM
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1. Glory! Or we could have just had
a spending freeze for 5 years like the gNOps came up with.
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cilla4progress Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-26-10 10:07 AM
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2. Oh! My bad --
I thought you meant a different KIND of recovery.

"Nevermind." :)

- the late, great, Gilda Radnor
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babylonsister Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-26-10 10:27 AM
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3. Wonderful news! nt
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ShortnFiery Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-26-10 10:31 AM
Response to Original message
4. Bunk! eom
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bvar22 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-26-10 11:02 AM
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5. AND...
Choco Rations have been increased 12 grams.{/i]
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nichomachus Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-26-10 11:34 AM
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6. Recovery? Return to a prior state
So, does that mean we will soon be buying overpriced homes with funny money mortgages and 55-inch TV sets with the money we take out of our second mortgage? That's all that kept the economy going for over a decade.
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Tarheel_Dem Donating Member (1000+ posts) Send PM | Profile | Ignore Wed May-26-10 11:37 AM
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7. Kick for good news! (nt)
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