Last updated 9:39PM ET
May 28, 2012
WYSO Local News
WYSO Local News
Economic Stress Levels Rise
(2010-02-08)
(WYSO) - A report from the Associated Press says economic stress in the average U.S. county has risen to its highest point since the recession began in December 2007. The Stress Index calculates a score from 1 to 100 based on a county's unemployment, foreclosure and bankruptcy rates. In its latest report, weakness in Western energy-producing states drove the latest increase in the Economic Stress Index, which tracks conditions in more than 3,100 U.S. counties. Nearly 45 percent of counties were considered stressed during December.
Counties with populations of at least 25,000 that saw the sharpest jump in year-to-year stress scores in December all had sizable work forces in manufacturing and mining. They include Clinton and Highland counties in southwest Ohio.
Economic Stress Rates in the Miami Valley include: Mongomery County 15.15 %; Clark County 13.88 %, and Greene County 12.69%
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