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Practically Speaking

Kyle and her husband moved to Brookfield in 1986. She became active in local politics and started blogging in 2004. Her focus is primarily on local issues but often includes state and national topics, too. Kyle looks at things from the taxpayers' perspective in a creative, yet down to earth way, addressing them from a practical point of view.

All but 1 state in or headed toward recession. Any guesses?

THE ECONOMY

http://abcnews.go.com/Business/Economy/story?id=6158877&page=1 Recession Nation: 49 States at Risk, In March, Five States Were in Recession; Now There Are 30, With 19 More at Risk

Nov. 3 

No state is immune from falling into a recession, except for one: oil-rich Alaska.

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What started as a recession in just a few states has now spread to 30 with another 19states near recession, according to Moody's Economy.com.

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What started out as a housing problem in a few states has now exploded into a full-fledged recession, with a majority of states now in or dangerously close to recession.

How Is the Economy Treating You? Tell ABC News

At the end of September, 30 states were in recession, according to Moody's Economy.com. Back in March, only five states were in recession: Arizona, California, Florida, Michigan and Nevada.

Even in the last month, the picture has grown more dire. At the end of August, 27 states were in recession and a few were still expanding. But now, Moody's has determined that Hawaii, Minnesota and Utah have fallen into recession.

Colorado, Massachusetts, Montana, New Hampshire and Texas are also no longer classified as expanding economies. They now are at risk of falling into recession.

The just leaves one part of the country -- Alaska -- with a still-expanding economy. (The District of Columbia, with its government and government-related jobs, also still has an expanding economy.)

 

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