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Economic stress test

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High Five
Monday, July 06, 2009
Even with some signs of the recession winding down, states like California, Michigan and South Carolina experienced the most financial stress in May. Oregon is among the states that have suffered the worst stress over the past year, along with South Carolina and Indiana.

The average county's Stress score, fueled by worsening unemployment, foreclosures and bankruptcies, rose to 10 in May, from 9.7 in April.

In May 2008, the average Stress score was 6.2. The pain was lower then because the economy was still expanding. In fact, the second quarter of 2008 was the last time the economy grew.

Read the full story at Oregonlive.com.

 
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