When It Comes To Job Growth, U.S. Regions Running Hot and Cold
By: Pellham Realtors
The more than a year-long housing slide and resultant credit crunch have now impacted every sector of the country, but at the same time the impact of the economic downturn has been felt more strongly in some regions than in others.
For example, four states -- California, Illinois, Michigan and Ohio -- have accounted for more than half of all of the layoffs in the country this year. And while housing prices have declined across the board, two markets -- Dallas and Charlotte -- continue to defy the trend and have posted two consecutive periods of price increases.