ord sunshine pumpers

life in rural nebraska

Nebraska Heathiest State in National Recession Stress Test

with one comment

An update on the recession, from our friends at the Nebraska Department of Economic Development (hat tip to Patty Wood):

Nebraska counties holding their own in this recession

LINCOLN, NEB. (May 20, 2009)—While the national economic recession is long and deep, its intensity continues to be less in Nebraska than most other states. That is evident in the recent scores that Nebraska counties received on the Associated Press Economic Stress Index.

The Index weights the economic variables of unemployment, foreclosures and bankruptcy to produce a score based on a scale of 0-100 that measures how the recession is affecting one county compared with all others. In September 2008, 6.5 percent of the more than 3,000 U.S. counties recorded index scores higher than 10. By February 2009, the number had climbed to nearly 40 percent. However, none of Nebraska’s 93 counties scored higher than 10 as recently as March 2009, the most recent month for data included in the Index. It also appeared that Nebraska was the only state in the nation with no counties scoring above 10.

The AP Economic Stress Index scores for counties are reported on color-coded maps that are updated monthly. The index and maps were developed by the AP with assistance from University of Pennsylvania Professor Tony Smith.

To access the interactive map, go to http://bit.ly/APStressIndex

Written by Caleb

May 20, 2009 at 10:12 pm

One Response

Subscribe to comments with RSS.

  1. […] than on the coasts.  That would reflect our decline in statewide unemployment along with several other indicators of Nebraska’s economic vitality we’ve seen in the past month and a half.  Include the […]

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: