August 12 2014 | Latest News
In a new multi-variable study, financial website WalletHub has named Greater New Orleans #7 in the USA for Economic Environment since the Great Recession, out of 150 regions in America. To calculate this ranking, WalletHub considered a number of variables, including:- Median Home Price Appreciation
- Foreclosure Rate Decrease
- Poverty Rate Decrease
- Public Assistance Rate Decrease
- Population Growth Rate Increase
- Uninsured Rate Decrease
- Bankruptcy Rate Decrease
- Number of Businesses Growth
- Average Experian Vantage Credit Score Increase
- Consumer Non-Housing Debt Decrease
- Violent Crime Rate Decrease
- GDP Growth Rate
- Opportunity to Start a Business Ranking
- Municipality Bankruptcy
Overall, New Orleans was ranked #15 of 150 for Best Performance since the Recession.
For the full story, visit WalletHub.