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
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