Financial FitnessGeneral Information

Honey, I Shrunk the State!

By April 2, 2020 No Comments

In the month of February, the United States is beginning its 128th consecutive month of economic expansion, which is the longest in our nation’s history according to the National Bureau of Economic Research.

According to the Federal Reserve Bank of Philadelphia, there are 9 states that are forecasted to contract over the next six months, which is the greatest number of states projected to suffer economically since July of 2009.

The nine states that are projected to suffer economically are:

West Virginia, Pennsylvania, Delaware, Montana, Oklahoma, Vermont, New Jersey, Kentucky and Connecticut

 

 

The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual.  All performance referenced is historical and is no guarantee of future results.