In our last blog post, we looked at an analysis by the Associated Press (AP) that measured economic stress for states and counties across the nation. Its analysis for the month of October revealed that economic stress is down overall. However, elevated bankruptcy, foreclosure and unemployment rates continue to keep many areas, including Florida, economically stressed. Today, we will look at the factors that are impacting stress levels.
While some progress is being made in restoring our economy, Florida continues to face challenges. An Associated Press (AP) analysis of economic stress nationwide for the month of October shows that economic stress is down. However, some areas, including Florida, are still experiencing significant levels of stress, as demonstrated in its elevated bankruptcy and foreclosure rates.