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Article: Not all boom counties cough up gains in recession
- Article from:
- AP Online
- Article date:
- November 1, 2009
- Author:
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In the state capital's downtown core, $500,000 decorative street lights beam down on bustling crowds who've come to dine and play along a recently revitalized pedestrian plaza.
A few states to the south, the lamp posts shine largely on empty lots in a subdivision outside Orlando where only a third of the 95 planned homes have been built.
Wake County, N.C., and Lake County, Fla., shared the spoils of the real estate surge as two of the nation's 100 fastest-growing counties of this decade, until the recession hit and their paths diverged.
Most of the places on that list, including Lake County, coughed up their quick gains. The AP Economic Stress Index _ a score based on a ...