American Cities Feeling the Recession

Although there’s still some discussion over whether the United States is officially in a recession, the slowdown is already being felt in many cities. A New York Times article on Oct. 5 cites a report from Moody’s Economy.com that says about two thirds of the country’s 381 metropolitan areas are in a recession while still another one in five were at risk (see the map). The report also found areas that were growing, despite the overall economic woes.

Here’s a partial breakdown:

Areas in Recession:

• Atlanta
• Charlotte, N.C.
• Chicago
• Cleveland
• Detroit
• Kansas City
• Las Vegas
• Miami
• Nashville
• New Orleans
• Phoenix
• St. Louis

Areas at Risk for Recession:

• Baltimore
• New York City
• Minneapolis-St. Paul
• Orlando
• Salt Lake City
• San Diego
• San Francisco

Areas that Are Growing

• Boston
• Dallas/Fort Worth
• Denver
• Hartford, Conn.
• Houston
• Oklahoma City
• Raleigh, N.C.
• San Jose, Calif.
• Seattle
• Washington, D.C.

For a look at all cities and how they’re faring, see the maps at the New York Times.