High Stress in High-Foreclosure States


04 November 2009 @ 08:42 am EDT

People in many parts of the country continue to be stressed over the lousy economy and foreclosures, according to the Associated Press' monthly analysis of economic stress in more than 3,100 U.S. counties.

The hardest hit counties are in the Industrial Midwest, the Southwest, and the Southeast. In the North, where the economy wasn't hit as hard by the housing bust, economic stress levels are lower.

"Housing still is at the epicenter of this crisis," said Sean Snaith, an economist at the University of Central Florida.

The highest stress levels were in states that had the worst housing meltdown:

  1. Nevada, 21.95
  2. Michigan, 17.75
  3. California, 16.2
  4. Florida, 15.4
  5. Arizona, 14.26

States with the lowest stress scores were:

  1. North Dakota, 4.07
  2. South Dakota, 5.01
  3. Nebraska, 5.71
  4. Montana, 6.6
  5. Wyoming, 6.9

Source: Associated Press, Mike Schneider and Christopher S. Rugaber (11/12/2009)

Most Popular Slideshows

  • Blue Ivy CarterBlue Ivy Carter: First Photos of Beyonce's and Jay-Z's 'Child of Destiny' [PHOTOS]

  • Tadashi Shoji Takes Mercedes-Benz Fashion Week 2012 to Another Era
  • Macaulay CulkinMacaulay Culkin Photos from 'Home Alone' to Emaciated Old Man Look [SLIDESHOW]
  • 1988 -- Whitney Houston poses with her GrammyWhitney Houston Death: Pictures of the Pop Music Icon over the Years
This article is copyrighted by International Business Times, the business news leader
IBTimes TV

Follow IBTimes

IBTimes TV
IBTIMES PROFESSIONAL
E-Newsletters

We value your privacy. Your email address will not be shared.