Economic stress dips to 16-month low

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AP analysis: Economic stress dips to 16-month low

(AP) – 1 hour ago


The nation's economic stress fell in September to a 16-month low, thanks to more hiring in New England, fewer foreclosures in the mid-Atlantic and declining bankruptcy filings in the Southeast, according to The Associated Press' monthly analysis of conditions around the country.

Eighty percent of the nation's 3,141 counties enjoyed some month-over-month easing of economic pain, the AP's Economic Stress Index shows. So did all but six states: Alaska, Colorado, Kansas, Mississippi, Nebraska and Nevada.

Counties with high concentrations of farming, mining, information technology and professional jobs suffered less hardship in September. By contrast, those with heavy proportions of workers in retail and real estate endured more stress.

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http://www.google.com/hostednews/ap/article/ALeqM5i6sy7BkrqwZLzcmG0Jx5V8X9wRqg?docId=647a72a1367244e486d66494f9a7e832

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