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|March 26, 2017|
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