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4:56 pm
Mon September 21, 2009

Report: State Financial Stability

Oklahoma City, OK – State graded "C" for financial stability

OKLAHOMA CITY (AP) A national nonprofit group gives Oklahoma a grade of "C'' for the financial security of families in the state.

The Corporation for Enterprise Development in Washington says Oklahoma performs well in housing measures. But it is falling behind in financial assets and health care.

The group's Assets & Opportunity Scorecard says the state shows room for improvement in helping its residents build and protect assets and withstand unexpected medical crises.

The group says Oklahoma performed poorly in many health-related measures. It ranked 45th in the number of uninsured low income parents and 44th in employees insured by their employer.

The state also struggles with financial assets, ranking 44th in net worth and income poverty. The group says the state shows disparities in asset poverty and net worth by race and gender.

Copyright 2009 The Associated Press.