Summit County Has Recovered Economically from the Great Recession Better Than Most Counties
The National Association of Counties has published their County Economies 2015 Opportunities and Challenges overview. The report looks at unemployment rates, GDP Expansion, wages, and productivity for each of the 3,069 counties in the United States. Specifically it looks at whether jobs, unemployment, GDP, and Home prices have recovered since the great recession. Only 214 counties improved on all four measures. Summit County recovered to pre-recession levels on three of the four measures (jobs, GDP, and home prices), which puts us in the top 30% of all counties.
It’s also interesting comparing us to surrounding counties. We did better in wage growth but worse in GDP recovery in the past couple of years.
It’s an interesting read if you are in to that sort of thing. You can click on any county in each map and get more information.
Here is an overview from the report:
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