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AP analysis: Economic stress up in much of nation

       Updated: 7/6/2009 9:05:00 AM  Posted: 7/6/2009 9:04:14 AM
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A monthly Associated Press analysis shows California, Michigan and South Carolina suffered the most financial pain during May.

Unemployment, home foreclosures and bankruptcies rose during the month, contributing to a higher score for the average U.S. county in the AP's Economic Stress Index.

Williams County in northwest Ohio is one of a handful of manufacturing communities that have suffered the sharpest increases in stress scores over the past year.

The AP calculates a score from 1 to 100 based on each county's unemployment, foreclosure and bankruptcy rates. The higher the score, the higher the economic stress.

© 2009 The Associated Press


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