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Some States Have Healthy Economies

Some States Are Asking, What Recession?


Some states have been suffering more than others from the effects of the subprime mortgage and credit crises, and the residents of harder hit places could find refuge by simply crossing state lines. If you live in Arizona, California, Florida, Michigan or Nevada you've probably noticed your economy is in a downturn, but economist Mark Zandi says that 30 states are actually in a period of expansion because "recessions are not monolithic. They often hit a region or regions hard and leave the rest of the country OK."

ABC News names cities in North Dakota, Tennessee, Alabama that aren't showing signs of a recession, and North Dakota is even hosting job fairs in other states to fill their thousands of job openings. Baton Rouge, Louisiana is moving up in rankings for best cities for jobs because, as stated by the city's mayor, "Baton Rouge is a boomtown."

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