Feeling less economic stress?

Are you feeling less stressed about your economic situation?

Job gains around the country offset higher foreclosures and helped reduce the nation’s economic stress in October to an 18-month low, according to The Associated Press’ monthly analysis.

Stress fell in 56 percent of the roughly 3,100 U.S. counties analyzed and in 28 of the states, the AP’s Economic Stress Index shows, AP writes.

The AP’s index calculates a score from 1 to 100 based on unemployment, foreclosure and bankruptcy rates. A higher score signals more economic stress. Under a rough rule of thumb, a county is considered stressed when its score exceeds 11, AP says.

The average county’s score in October was 9.9, down from 10 in September. A little over one-third of counties were deemed stressed. That’s down slightly from 35 percent in September, AP writes.

How does this square with your feeling? Has your stress declined or does it remain high?

- Henry Unger, The Biz Beat

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18 comments Add your comment

A.S.Mathew

December 13th, 2010
10:33 am

I feel far less stressed due to the economic crisis. There is no way that I can solve the problem by
constantly worry about it. I have done everything possible to cut down the daily expenditures of
life, now what to do?

Indeed, I feel more relaxed and have time to spend for something constructive like reading, praying
and calling friends.

HTH

December 13th, 2010
11:19 am

I do agree we need to stop taking things so hard. Our great nation has fallen on difficult times before. The daily stress. The news stories that are not so upbeat. We need more positive thinking in our daily diets. Then we won’t be so chubby with worry and anger. Think about Christmas and all of the good times we will have. With our lovely neighbors. A little nog near the fire. The childern all excited over Santa.

Exciting days at the mall with plenty of food and warmth.

Peepeye

December 13th, 2010
12:38 pm

Are you feeling less stressed about your economic situation?
___________________________________________

Yes, but it’s more like a case of…………. I’ve been down so very doggoned long, it starting to look like up to me.

Most people have kinda settled into “hard times” and starting to roll with it.

The Great Depression lasted for 12 years and people got through it.

More stress

December 13th, 2010
1:08 pm

with my income cut 60% in the last year due to the disastrous polices in DC, I have a lot more “economic stress.”

Charles

December 13th, 2010
2:24 pm

This time last year, I had a job- so NO, I am not feeling less economic stress- I’m feeling MORE!!!

The Dogfighter Returns

December 13th, 2010
3:02 pm

More stress

December 13th, 2010
1:08 pm
with my income cut 60% in the last year due to the disastrous polices in DC, I have a lot more “economic stress.”
—-
you have been overpaid for several years and your employer has finally had enough, it has nothing to do with D.C. :)

TnGelding

December 13th, 2010
3:08 pm

I’m feeling the stress of my neighbors and trying to help relieve it. My family is doing fairly well, with most of us older ones retired. Those that saved for a rainy day are even beginning to feel the downpour. If Congress will go ahead and pass the legislation it’s considering things should really start to improve. Why can’t the Dems see what a drop in the bucket the estate tax is and how petty they’re being? Leave it with the rightful heirs for goodness sakes to churn the economy.

TnGelding

December 13th, 2010
7:11 pm

Rising tide:

http://blogs.ajc.com/georgia_elections_news/2010/12/13/state-posts-positive-tax-collection-figures-in-november/

Come on GOP, join the recovery and stop the misrepresentation. Reopen that business you closed. Rehire that worker with the Obama bumper sticker.

Steve

December 14th, 2010
12:04 am

Another story to push this “phony recovery” There is no recovery, unemployment keeps going up, people are going broke. The stimulus didn’t create any meaningful jobs other than the 70 or so new republicans in Congress.

calm before...

December 14th, 2010
12:50 am

I ain’t buying it. I think the worst is yet to come.

it's over!

December 14th, 2010
3:44 am

according to obama’s government economists, the recession has been over for a year and “millions of new jobs” have been created. So, everyone should feel much better about everything! Redecorate your beach house, flip a few condos—it’s over!!!

TnGelding

December 14th, 2010
5:34 am

No one is satisfied with the pace of the recovery, especially Obama. Once this tax issue is behind us it should begin in earnest.

Gee, the stimulus worked great!

December 14th, 2010
6:29 am

Feeling more stressed the longer this goes on. Been trying to sell two homes for over two years (my parents’ house and my in-laws’ house). Kids in college with no part time jobs, son an honor graduate from GaTech, graduated a year ago…no job. They are lying when they say the recession is over….it is NOT! Praying the congress gets it together and passes meaningful tax cuts that will get this lethargic economy moving. Blah humbug!

Gee, the stimulus worked great!

December 14th, 2010
6:30 am

And actually, I realize they are not tax cuts but the continuation of the Bush tax cuts. Stimulus did not work!

Destin Dawg

December 14th, 2010
7:27 am

I’m NOT a republican.. but I AM a conservative… people I’ve seen with Obama bumper stickers and shirts etc… make me RUN AWAY…..

Destin Dawg

December 14th, 2010
10:04 am

Jobs are out there in hospitailty, food service, nursing, these grads need to take what they can get while sending out resumes… pray too but take what you can get !!!! my adult kids are college educated… son bar tending turned into manager in training at Applebees… daughter scrub nurse… moving up… might have to take what you can get selling real estate too !!!!!

deal down

December 14th, 2010
1:16 pm

The economy’s worse then ever. My house is down in value 40% from 3 years ago, my income is way down due to the economy and you can’t even get a loan. the crooks in washington are stealing more money than ever and giving it to connected companies.

Hope - less

December 14th, 2010
1:41 pm

Hubby finally got a new job but is making less per hour. Now we find out the HOPE scholarship may be cut. With three in college that’s gonna hurt! So YES – I’m feeling more economic stress…but I’m not worrying. Worry accomplishes nothing. We are simply buckling down and working together to get through.