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View Poll Results: Which of these takes the crown.
Cleveland 1 3.45%
Detroit 11 37.93%
Las vagas 12 41.38%
Stockton 3 10.34%
Atlanta 1 3.45%
Phoenix 1 3.45%
Voters: 29. You may not vote on this poll

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Old 03-22-2017, 01:42 PM
 
Location: Newark, NJ
156 posts, read 115,426 times
Reputation: 68

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Quote:
Originally Posted by mjlo View Post
I'm not sure Flint was affected much by the recession. It's fortunes are more tied to Detroit than anything. It's population loss didn't accelerate past it's current rates. Also the water issue was tied to decisions from 2014, a full 3 years after Michigan exited the recession and started posting bigger recovery gains.
i know Saginaw, inkster, and Pontiac as for Michigan got hit hard. I do agree that flint had a problem even before the recession.
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Old 03-22-2017, 03:13 PM
 
1,851 posts, read 1,476,631 times
Reputation: 1283
Quote:
Originally Posted by Chicago60614 View Post
Yeah, most people don't realize that Detroit had a REALLY good 1990's on the jobs front, but then after the relatively small nationwide recession of the early 2000's, Detroit totally sat out the 2003-2008 recovery. Then it fell on it's face during the 2008 to 2010 period, but then has not FINALLY come back pretty good after 15 years "off".

Job Growth for Detroit:

1991-2000: +340,211
2000-2002: -170,403
2002-2004: -19,031
2004-2006: -10,604
2006-2008: -69,474
2008-2010: -202,299
2010-2012: +28,649
2012-2014: +50,854
2014-2017: +140,193

Detroit is just now cresting over its 1991 number of jobs.

Detroit and Chicago had relatively typical booms and busts, but that 2000-2008 cycle had Detroit sitting it out while Chicago was more normal with the 300,000 job recovery during 2004-2008, hence it's actually 700,000 jobs above where it was in 1991 while Detroit is lagging so much. Detroit is really catching up now though, but it's been set back to a much further 2nd economy of the Midwest compared to where it was in 1990.

Minneapolis went from down 450,000 jobs compared to Detroit in 1991 to only down 45,000 jobs in 2010. Since then though Detroit has had more sheer numbers added, and Detroit currently has 120,000 more jobs than Minneapolis.

Growth rates in jobs:

1991-2000:
Detroit: +18%
Chicago: +16%
Minneapolis: +20%
Cleveland: +10%
St Louis: +10%
Milwaukee: +10%
Des Moines: +17%
Indianapolis: +20%

2000-2008:
Detroit: -12%
Chicago: +2%
Minneapolis: +3%
Cleveland: -3%
St Louis: -1%
Milwaukee: -1%
Des Moines: +12%
Indianapolis: +7%

2008-2010:
Detroit: -10%
Chicago: -8%
Minneapolis: -3%
Cleveland: -7%
St Louis: -2%
Milwaukee: -4%
Des Moines: +1%
Indianapolis: -8%

2010-2017:
Detroit: +13%
Chicago: +9%
Minneapolis: +9%
Cleveland: +1%
St Louis: +9%
Milwaukee: +7%
Des Moines: +9%
Indianapolis: +19%

1991-2017:
Detroit: +5%
Chicago: +18%
Minneapolis: +30%
Cleveland: +0%
St Louis: +16%
Milwaukee: +12%
Des Moines: +44%
Indianapolis: +41%
Interesting stuff. Are you pulling this from BLS?
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Old 03-22-2017, 03:58 PM
 
Location: Newark, NJ
156 posts, read 115,426 times
Reputation: 68
Detroit has improved via jobs over the past years.
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Old 03-28-2017, 04:48 PM
 
Location: Newark, NJ
156 posts, read 115,426 times
Reputation: 68
Ok so I guess Cleveland takes the crown on this one
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Old 03-29-2017, 08:51 PM
 
Location: Washington State desert
5,534 posts, read 3,686,922 times
Reputation: 4115
Vegas. Nice, newer homes were going for about 150K at the worst of it. Today, the same homes will fetch 300-350K.
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Old 03-29-2017, 09:02 PM
 
Location: Springfield, Ohio
12,199 posts, read 10,411,824 times
Reputation: 11213
Quote:
Originally Posted by NewJerseyDevil679 View Post
Ok so I guess Cleveland takes the crown on this one
It's tough to say because Cleveland and Detroit were already trending downward, and the recession just exacerbated their job losses. I think Vegas took the worst hit, due to both their housing bubble and the lack of tourists (and their disposable income) which keeps the city running.
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Old 03-30-2017, 05:58 AM
 
Location: Newark, NJ
156 posts, read 115,426 times
Reputation: 68
Added a poll for cities most people were referring . What you think with the poll added other cities in the comments are still welcome
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Old 03-30-2017, 06:28 AM
 
4,665 posts, read 2,637,440 times
Reputation: 3342
I would say Las Vegas got hit the hardest followed by a handful of Florida cities (Orlando and Miami were the worst), Detroit (went from bad to worse), and Hartford. There are other places that got hit bad, but I'd say those are the worst.

Las Vegas was going through a boom period prior to the recession and housing bubble. The largest private development in the world had just started on the strip and funding got yanked just after construction started. Housing prices dropped 60%. I went to Las Vegas back in 2012 and there were still lots of abandoned developments and that huge development on the strip got redesigned to a much smaller development. Las Vegas has a history of booming and busting and now it's back to a smaller boom period, so it has recovered, but that doesn't mean it wasn't hurt the worst. Lots of people lost everything. Orlando and Miami were similar. Detroit and Cleveland have recovered less, but those cities had been trending down for sometime.
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Old 03-30-2017, 05:41 PM
 
Location: Washington State desert
5,534 posts, read 3,686,922 times
Reputation: 4115
The thing about cities like Las Vegas and Orlando is they are dependent on the "leisure" dollar more than most, and when times get tough, these vacation and/or convention cities will suffer more than others. Other cities that are desirable to live in tend be more stable in down times. Denver, Seattle, Minneapolis, The CA Bay area come to mind. I'm sure there are many others.
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Old 04-07-2017, 09:32 PM
 
Location: 130 Miles E of Sacramento
5,453 posts, read 3,294,151 times
Reputation: 3626
Las Vegas, along with the state of Nevada suffered the worst when the recession hit and still is in recovery phase.
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