A new analysis of how states are faring during the recession ranked Louisiana as second best. The Portfolio.com report noted that incomes, wages and the number of construction jobs continue to increase in Louisiana, while home values have fallen by 1.7% over the past year. Small states with abundant natural resources fared best in the analysis; North Dakota topped the list, while Oklahoma was third. Nevada, which has been hard hit by the housing collapse, was ranked last and Michigan was next to last. See the full report here.
Louisiana holding up second best in recession
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