Georgia scored 62.26 percent on the index in the fourth quarter of 2011; a score below 70 indicates a financial distress, and a 60 or below indicates crisis, Cole said. A year ago, Georgia scored 62.7 percent; three months ago, it was 62.54 percent.
Georgians have been financially stressed since the beginning of 2008.
“I think we’re going to find ourselves in this place for a good while,” Cole said. “It’s just a difficult time for families out there.”
The national average is 67.6 percent, up nearly 0.5 percent from a year ago.
Most financially distressed states: 1. Nevada 2. Mississippi 3. Georgia 4. Michigan 5. Florida
Least financially distressed states: 1. North Dakota 2. South Dakota 3. Wyoming 4. Nebraska 5. Alaska