Cities at Risk for Double-Dip Recession

In a report on Tuesday by economist Andrew Gledhill at Moody’s Economy.com, 22 markets were identified to have the biggest chance of a double-dip recession, mostly because of the national decline in manufuacturing which primarily holds up their industrial economies.

"With chances of a national double-dip recession now estimated at about one in four, several metro areas will probably experience their own downturns in the first half of 2011," said Gledhill.

The 22 cities identified:

1. Missoula, Mont.
2. Salem, Ore.
3. Idaho Falls, Idaho
4. Lake County-Kenosha County, Ill.-Wisc.
5. Lafayette, Ind.
6. Wichita, Kan.
7. Hot Springs, Ark.
8. Pine Bluff, Ark.
9. Little Rock, Ark.
10. Wichita Falls, Texas
11. Akron, Ohio
12. Charleston, W.Va.
13. Macon, Ga.
14. Gadsden, Ala.
15. Gulfport-Biloxi, Miss.
16. Mobile, Ala.
17. Utica-Rome, N.Y.
18. Lebanon, Pa.
19. Springfield, Ohio
20. Wilmington, N.C.
21. Anderson, S.C.
22. Athens-Clark County Ga.

Aren't you glad you're in Oklahoma?!

Natalie Flaming
Realtor - Broker Associate
The VIP Team
Metro First Realty
www.TheVIPofOKC.com