Top economic advisor lists states in recession
October 24th, 2008
Recently, President Bush's economic advisor used the word "recession" when describing the economic situation in several states. Many others are said to be on the borderline of falling into recession. Here's the breakdown:
In recession
Near recession
What's to blame? A weak job market and industrial production are being
blamed as well as retail sales. Will other states follow? Many experts
feel several others can, but the next couple of months will decide whether the
states teetering on the edge fall and if others follow.










