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Poughkeepsie/Newburgh Rated Worst In Nation For Economic Growth

Like we didn’t already know that times are indeed tough. Of the nation’s largest metropolitan areas The Poughkeepsie-Newburgh metro regions rated dead last in the United States in economic growth, according to a report by the U.S. Conference of Mayors. According to the Poughkeepsie Journal, the region dropped 1 percent between 2012 and 2013, making it the worst of any of the top 100 metro areas in the country.

The stagnation isn’t just confined to the Mid-Hudson Valley region, as Rochester was the second worst, with a decline of 0.8 percent. Buffalo ranked the eighth worst at a negative 0.2 percent, the Poughkeepsie Journal reported

The survey included 363 of the nation’s largest metro areas, with 294 showing a GMP increase, and 69 were either flat or declining. The West and the South showed some of the country’s biggest turnarounds, where the housing markets are rebounding.

(For more click HERE and HERE)

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