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Derek Thompson

Derek Thompson - Derek Thompson is a senior editor at The Atlantic, where he oversees business coverage for the website.
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He is a visiting research fellow at the Committee for a Responsible Federal Budget at the New America Foundation. Derek has also written for Slate, BusinessWeek, and the Daily Beast. He has appeared as a guest on radio and television networks, including NPR, the BBC, CNBC, and MSNBC.

Florida's Fearsome Foreclosure Funk

By Derek Thompson
Oct 16 2009, 11:43 AM ET Comment

The misery of MichiCaliFlArivada continues. As I've written before, the recession in the United States of America is nothing compared to the recession of the united states of Michigan, California, Florida, Arizona and Nevada. Via Ezra Klein, I see more graphs comparing godawful categories like bank card delinquencies and foreclosures. Again, MICA wins (loses) the day and Florida is just killing in the foreclosure sweepstakes.




mica1.png

mica4.png
mica3.png

The real story in that last graph is Florida, whose foreclosure per 1000 housing units is scratching at 8 percent while no other state is even at four.
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