MSNBC.com and Moody’s Economy.com are publishing monthly the Adversity Index, which measures the economic health of 381 metro areas and all 50 states. Each area is judged to be in recession, at risk, recovering or expanding.
Here is the analysis of Pensacola:
In Recession
Employment -2.53%
Single family housing starts 1,048
Industrial production -10.27%
In 2006 – the Pensacola economy was expanding
Employment +5.67%
Single family housing starts 3,704
Industrial production -0.29%
Housing prices +27.47%