Analysis for California by zip-code and sector
When a recession hits, it doesn’t necessarily impact every location with the same severity. Why is that? One possible explanation lies in the contributing factors to a recession. For example, according to research by Professor James Hamilton from the University of California, San Diego, almost all postwar recessions in the United States have been preceded by an increase in oil prices. We analyze which areas in the United States are the most susceptible to oil price fluctuations based on income spent on gas. Visit our interactive map to see how much your zip code will be affected when oil prices increase again.