SBE Council Publishes "Surviving the Recession" Study
Keating concluded, "While broad factors, including misguided federal public policies, the housing/credit mess, and troubles in the auto industry, dragged down the entire economy, the effects varied by state. And pro-growth policy environments certainly helped ease problems in some states. Indeed, given the different make up and policy climates state by state, it is not surprising that state economies vary in performance. What's striking about the 2008-09 recession, however, is just how sweeping and deep it was across the entire nation, as reflected in wide declines in the number of business establishments and employment."
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