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22 cities in danger of a double-dip recession

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CNN
Aug 18, 2010

map_recession_cities2.gif

The chance of a national double-dip recession is hotly debated amid an increasing number of signs that the economic recovery is losing pace, but the risk is particularly troublesome on a local level.

A new report from Moody’s Economy.com singled out 22 cities that are at risk of slipping back into a recession in as early as three months. To come to this conclusion, the economists considered dwindling progress in employment, housing starts, home prices and industrial production. (See the map above for the full list.)

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This article was posted: Wednesday, August 18, 2010 at 4:21 am





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