NEW ORLEANS – Greater New Orleans, Inc. has reported that in a new multi-variable study, financial website WalletHub has named Greater New Orleans 7th out of 150 regions in the nation for economic environment since the Great Recession. To calculate this ranking, WalletHub considered a number of variables, including:
• Median Home Price Appreciation
• Foreclosure Rate Decrease
• Poverty Rate Decrease
• Public Assistance Rate Decrease
• Population Growth Rate Increase
• Uninsured Rate Decrease
• Bankruptcy Rate Decrease
• Number of Businesses Growth
• Average Experian Vantage Credit Score Increase
• Consumer Non-Housing Debt Decrease
• Violent Crime Rate Decrease
• GDP Growth Rate
• Opportunity to Start a Business Ranking
• Municipality Bankruptcy
