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CALIFORNIA BUSINESS MINUTE
Recession Recovery
Part 2
06-16-09
Hi, I am Tim Johnson and welcome to the California Business Minute.
Forbes.com released its least of the Best and Worst Cities for Recession Recovery.
Economists apparently believe the worst is behind us and are now predicting returns
to growth for the nation, but that may not be the case for some regions and cities.
Forbes.com examined projected gross domestic products, unemployment figures, incomes,
homes prices and affordability. California communities have not and apparently still
do not fair well in any Forbes.com rankings as illustrated below.
The following is: Worst Cities for Recession Recovery Top 10
1. Flint, MI
2. Fresno, CA
3. Detroit, MI
4. Modesto, CA
5. Salinas, CA
6. Bakersfield, CA
7. New York, NY
8. Stockton, CA
9. Youngstown, OH
10. Los Angeles, Long Beach, Santa Ana, CA
I am Tim Johnson and this has been the California Business Minute.
See 06-15-09 Minute for Best Cities for Recessionary Recovery - Part 1
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INSIDE CALIFORNIA'S ECONOMY
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