By Luis F. Carrasco | Arizona Daily Star
Tucson is one of the most economically distressed large cities in the country, a new report says, but if it hopes to recover from the Great Recession it should focus on startup development.
While Tucson’s No. 9 ranking in the Distressed Communities Index published by Economic Innovation Group may not be a surprise to many, Phoenix fares only slightly better, placing at No. 11, the bipartisan think tank and advocacy group based in Washington, D.C. reported.
In Tucson, 39 percent of the population is said to be living in a precarious economic situation, based on data obtained from the Census Bureau’s American Community Survey. In Phoenix that number is 35 percent.
