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Old 11-06-2008, 03:12 PM
 
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As we all know the national economy is in trouble; unemployment is at a 20 year high. Which cities or regional economies are still holding up in the recession? Which places are hurting.
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Old 11-06-2008, 03:47 PM
 
Location: Midessa, Texas Home Yangzhou, Jiangsu temporarily
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West Texas is still holding up.
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Old 11-06-2008, 03:51 PM
 
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The South and the Midwest. Texas, too.
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Old 11-06-2008, 03:55 PM
 
Location: SF Bay Area
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Texas seems to be the state doing the best, or at least the largest state doing the best. Housing market is stable from what I see and job opportunities seem to be plentiful, at least more so than elsewhere. Plus the cost of living is low, so that helps out a lot for people.
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Old 11-06-2008, 04:02 PM
 
Location: Omaha
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Largest state doing the best? Just busting your chops, I know what you meant. Texas up through the Dakotas seem to be fairing well. Does it seem to be the markets with low costs of living and ones that arent hugely dependent on manufacturing are doing ok?
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Old 11-06-2008, 04:58 PM
 
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True, definitely I see Texas doing okay, also, I noticed washington dc metro and the state of Virginia to be holding its own at an unemployment rate of 4.1%
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Old 11-06-2008, 06:11 PM
 
3,326 posts, read 7,753,062 times
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Quote:
Originally Posted by burgerflipper View Post
Largest state doing the best? Just busting your chops, I know what you meant. Texas up through the Dakotas seem to be fairing well. Does it seem to be the markets with low costs of living and ones that arent hugely dependent on manufacturing are doing ok?
Missouri and Kansas aren't doing too hot, from what I've seen.
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Old 11-07-2008, 02:02 PM
 
Location: Dorchester
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This is from late October:


What started as a recession in just a few states has now spread to 27 with another 14 states near recession, according to Mark Zandi, chief economist and co-founder of Moody's Economy.com.
(ABC News Photo Illustration)
More Photos
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Old 11-07-2008, 02:06 PM
 
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I saw a similar map from the NYT, that used metro areas instead of states.

Basically, Washington D.C. (federal gov't), Texas (oil), and Boston (??) are humming alone fine. Most other cities were hurting.
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Old 11-07-2008, 02:17 PM
 
Location: Chicago
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Well, Omaha has 3% unemployment i think.
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