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Central Alabama's economic outlook

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Some financial experts believe we are on the cusp of another big recession.

Nationally, foreclosures were up 5% in October. They’re 75% higher in the 3rd quarter this year than the same time last year.

Unemployment rose to 542,000 last week. That's the highest since 1992, when the economy was exiting a recession.

So how does central Alabama compare to the rest of the country in these economic times? NBC13 HD’s Mike Royer gets the answer in his Fact Finder report.

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