Economics
These U.S. States Still Haven’t Fully Recovered From Recession
- Uneven rebound leaves Connecticut, Nevada, others behind
- GDP, employment, home prices are taking longer to recover
Dwyer Says U.S. Is Years Away From Recession
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As the U.S. economy enters its ninth year of expansion this month, many Americans feel the recovery has been incomplete -- and the numbers back them up.
Five states -- Arizona, Connecticut, Mississippi, Nevada and Wyoming -- still haven’t regained their levels of gross domestic product from before the financial crisis, more than five years after the country as a whole hit that milestone. Eight states are below prerecession levels of employment. And 15 have home prices that have yet to rebound fully.