The South May Fall Again: 22 US Cities That'll Double Dip

By Patrick Spain,  Newser User
Posted Aug 16, 2010 3:27 PM CDT Posted Aug 16, 2010 3:27 PM CDT
Promoted on Newser Aug 16, 2010 4:53 PM CDT
The South May Fall Again-22 Cities To Double Dip
   (AP)

It seems that low wages and taxes eventually catch up to you. Moody's has identified 22 cities in the US that are ripe for a double-dip recession. Twelve are in the South, five in the Midwest, and the rest are a smattering of smaller cities in the Northeast and West—many of which have under-invested in education and economic infrastructure, reports Business Insider.

In each case, Moody's assigns a few reasons to its predictions. For example, Wilmington, NC, is a "beach town with high economic volatility and low-paying jobs." Our favorite: Little Rock, Ark., "a southern city with no clear economic driver." For the whole list of places you definitely don't want to move to (or may want to leave), read the full article. (Read more Southeast stories.)

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