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Recession Less Severe in Green Country

Last post 12-02-2008, 10:22 AM by jd4fox23. 0 replies.
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  •  12-02-2008, 10:22 AM 3607257

    Recession Less Severe in Green Country

    Analysts announced today the nation’s economy has been in a recession  since December of last year.  The announcement came from the National Bureau of Economic Research, an academic body that tracks economic activity.
     
    FOX 23’s Douglas Clark takes a closer look at today's announcement and why Oklahoma is doing much better than many others parts of our country.
     
    Official word of a year-long recession came amid slowing production and climbing unemployment figures.  But for Green Country residents, there’s a silver lining.  The state’s unemployment rate of 4.3% is well below the national rate of 6.5%. 

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