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Deals with effects of the major recession on rural America. Initially, effects of the recession were mitigated in nonmetro areas by high commodity prices throughout much of 2008, but as the recession deepened, prices fell. Both nonmetro and metro areas experienced rising unemployment as manufacturing and other major employment sectors contracted, and they were similarly affected by the mortgage foreclosure crisis.

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Date Of Record Release 2010-01-05 17:25:26
Description Deals with effects of the major recession on rural America. Initially, effects of the recession were mitigated in nonmetro areas by high commodity prices throughout much of 2008, but as the recession deepened, prices fell. Both nonmetro and metro areas experienced rising unemployment as manufacturing and other major employment sectors contracted, and they were similarly affected by the mortgage foreclosure crisis.
Classification
Resource Type
Format
Subject
Source United States Department of Agriculture
Keyword Rural indicators, Population, Housing markets, Employment, Rural unemployment, Nonmetropolitan, Nonmetro, Rural economy, Metro, Rural America, Census data, Population growth, Unemployment, Poverty, Demographics, ERS, USDA
Selector Bates
Date Of Record Creation 2010-01-05 17:07:51
Education Level
Date Last Modified 2010-01-05 17:25:26
Language English
Date Record Checked: 2010-01-05 00:00:00 (W3C-DTF)

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