Springfield Recovering from Recession Slowly, According to Study

Jul 28, 2014

Money
Credit Andrew Magill; Flickr

On a list of 150 most recession-recovered cities in the U.S., Springfield ranks 120th.  The study by WalletHub looks at the progress of local cities in propelling their economic growth.

The study used 18 key metrics—from the inflow of college-educated workers and number of new businesses to unemployment rates and home price appreciation—to examine how each city has evolved economically over the last few years.

Springfield was mentioned in the findings for having the largest increase in its violent crime rate--.03 percent.

The study ranked Laredo, Texas the most recession-recovered city.  San Bernardino, California was ranked the least recession-recovered city.

To view the complete list, click here.