AP Launches the Economic Stress Index
The Associated Press has launched the Economic Stress Index. Credit Slips readers will find it very useful and interesting. For a dataphile like myself, it's just plain cool. OK, it's not cool at all because it shows the tremendous depth and breadth of middle America's suffering. But, it shows what someone with real data know-how and computer graphic skills can do.
The Economic Stress Index "weighs three economic variables -- unemployment, foreclosures and bankruptcy -- to produce a score on a scale of 0-100 that measures how the recession is affecting a county compared to all others." You can scroll over each county and get a separate measure for each of the components or for the composite Economic Stress Index. The press release indicates the index and data will be updated monthly. Check it out.
Bob,
Thanks for sharing this.
Posted by: Raymond Bell | May 19, 2009 at 08:43 AM
Great post! Currently, Geithner is batting .289 with runners on but is still striking out too often and not hitting for power or average.
Posted by: Matt Hoffman | May 19, 2009 at 09:52 PM