Data released last month by the Federal Reserve shows that since the beginning of 2008, things have taken a turn for the worse in the state of Oregon.Essentially, Oregon is turning into a tar pit full of foreclosed homes in many counties and its unemployment rate and duration of unemployment is staggering to say the least.
On its own, the state may not grab your attention. But it symoblizes the fact that while some states are improving modestly (like California) the ongoing weak economy is causing a breakout in brand new states.
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