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As many of us already know, the economy has its cycles of ups and downs. The individual economy of each city throughout the U.S. varies for different reasons. Some are primarily centered around government and military spending, some on the dwindling manufacturing sector, some have a heavy retail and service sector, while others are robust and diverse and many different industries ranging from healthcare to biotechnology to finance.
So, with these things being true, what is the economy like (what main industries are at heart in your community that creates jobs and sustains the workforce) in the town/city/region where you live?
In Michigan's it is doing much MUCH better than just 5 or 6 years ago. Back then we had the worst unemployment rate in the country... and now were at national average which is a BIG improvement from the great recession.
Other than the high cost of rent Denver's economy is doing well from what I can tell however on the other hand many out here really believe that the metro area is still in a deep recession especially if they depend way too much on the local media. My boss for example had moved to Denver from Buffalo some months back. His wife had no trouble at all finding a job here within the Denver Public School system. When he was telling me this some doofus who neither one of us knew had butted into the conversation saying "..NO IT"S NOT...Stepffan Tubbs says the local economy still sucks !!". I had to do some research in finding out who this Tubbs guy is.Turns out that he is the morning news guy on our local KOA radio. Well of course in his world the economy does suck since most if not all of the local radio stations including KOA had been laying people off over the years because that is a dying business. Hardly a reflection of the overall local economy.
Are any parts of the nation doing badly? The only area I can think of is some small oil cities in Texas and others, but even in Texas most cities seem to be doing great.
The D.C. area -- everything is great and getting kind of back to normal after a bit of a slow down the last few years, economically.
On another note, the area is continuing to get more and more expensive pushing people further out making traffic worse than the nightmare it already is. I feel like from a transpiration standpoint the region is definitely in trouble. I won't even begin on Metro and that fiasco.
Last edited by NOVA_guy; 04-17-2016 at 04:48 PM..
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