|
April 23, 2024 |
Study: Riverside lags in recession recovery RIVERSIDE – (INT) - The Inland Empire’s largest city is among the nation’s least-recession recovered.
The personal-finance website WalletHub compared 505 U.S. cities of varying sizes across 18 key economic indicators. It found Riverside to be the 8th least recession-recovered large city. Riverside did best in the declining foreclosure rate and worst in home price appreciation, the poverty rate and inflow of college-educated workers. WalletHub also compared the “share of households receiving public assistance” to “homeownership rate.” Riverside ranks 427th overall in the economic indicators. Story Date: January 20, 2017
|