The Associated Press' measurement of economic stress for the Houston area is slightly higher than the statewide average for Texas, but conditions are still better than in many areas of the country.
Last year saw a decrease in economic stress for all states except for Colorado, Georgia, Florida, Utah and Nevada, the AP said. The latter state, particularly, was still far and away the most troubled by economic conditions, with an index of 22.56, more than twice as high as Texas' 9.45.
Harris County posted a 10.02 mark in December, which represents a decline of 0.25 since the previous month, according to the AP, and unemployment in the area sank by 0.3 points to 8.3 percent. Foreclosures, however, rose slightly month-to-month, up 0.03 percent to 1.27 percent.
While the gains have been slow for economic conditions in the Houston area, they have been no less real for that, and the market for Houston homes continues to be a bright spot in an otherwise murky outlook across the U.S., according to analysts.
Economic stress index slightly above state average in Houston
Adjusting to our Changing Economy during a recession
Have you felt the strain from the direction our Economy is heading? Your not alone, many Americans are tightening spending habits and preparing for the Recession our Country is looks to be in or heading into. According to Economist-Americans have been in a recession since Spring, and I am in agreeance. So what is the time frame to move out of this recession? Most Economist are anticipating that it will take until this time next year before Americans will stop feeling the stress of our Economy. But with this recession reaching Globally it may take a little longer for America and other Countries to recover.
Let me know your insight on how you feel people can adjust to our Changing Economy.
Take Care
Patti@pattimace.com (Patti null@null pattimace NULL.com)
Relocating Tips
Accentuate the positive. Be upbeat.
Be flexible.
2. During The Move.
Schedule family recreation time to get away from moving stress.
Seek support from friends and family.
Eat regular, well-balanced meals. Hunger amplifies stress.
3. After The Move.
If you or a family member are having difficulty adjusting to your new surroundings after the relocation don’t be shy, consider counseling.
It takes a keen knowledge of the area to pinpoint the homes that supply your “desires” and also meet your “needs.” If you are relocating to Houston or its’ surrounding area (the Woodlands, Spring, Tomball, Magnolia, Conroe, Atascocita, and Kingwood. Please allow me to assist you and your family with your relocating needs. Email me at pattimace@pattimace.com (pattimace null@null pattimace NULL.com) or pattimace@sbcglobal.net or view my blog at http//www.pattimace.com.
Hope to chat with you soon…Patti
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