The financial crisis of 2008 and subsequent nationwide recession stifled optimism; in November 2011 the PBS Newshour reported that Reading was officially the poorest city in the nation with 49% of inhabitants living below the poverty line.
The financial crisis of 2008 and subsequent nationwide recession stifled optimism. Reading was officially the poorest city in the nation with 49% of inhabitants living below the poverty line. This was what the PBS Newshour reported in November 2011.