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Community Well-Being and the Great Recession
Our partner website, Recession Trends, has published a report on how the Great Recession has impacted neighborhoods in America. Here is an excerpt:
Although most research has focused on individual-level outcomes, many of the conventional narratives about the Great Recession are in fact neighborhood-level narratives. In discussing the housing crisis, for example, we don’t just focus on individuals facing foreclosure but on entire neighborhoods that were hard hit by the housing crisis, where one can find house after house on the same streets all in foreclosure. Likewise, the unemployment crisis is often understood to be spatially clustered, with areas that depend disproportionately on construction, manufacturing, and other heavily-affected industries typically presumed to be especially hard hit.
The report is available here. The study was produced as part of our Great Recession initiative, which assesses the social and economic effects of the economic downturn.