Patchwork Nation: Hardship Score Up Across All Community Types
Consumer confidence is down. Gas prices and unemployment are both up. A look at the latest Patchwork Nation’s Economic Hardship Index — a measure of key indicators including foreclosures, unemployment and gasoline prices – show that it’s still rough out there for many Americans.
Hardship scores rose in February in every one of Patchwork Nation’s 12 community types – and that follows a big jump in scores last month.
The newest numbers show that in general, turnaround appears to be a long way off and a second dip of recession may not be out of the question.