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11-06-2008, 04:12 PM
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Senior Member
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Join Date: Jan 2007
203 posts, read 173,185 times
Reputation: 34
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Which regional economies are still holding up in the recession?
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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11-06-2008, 04:47 PM
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Senior Member
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Join Date: Dec 2006
Location: MOTX
946 posts, read 775,527 times
Reputation: 344
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West Texas is still holding up.
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11-06-2008, 04:51 PM
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Senior Member
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Join Date: Dec 2007
10,155 posts, read 5,268,774 times
Reputation: 7131
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The South and the Midwest. Texas, too.
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11-06-2008, 04:55 PM
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Keeping it real..............
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Join Date: Mar 2008
Location: San Diego, Ca
4,170 posts, read 2,807,908 times
Reputation: 1626
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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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11-06-2008, 05:02 PM
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Not a member
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Join Date: Sep 2008
Location: Omaha
2,735 posts, read 1,371,066 times
Reputation: 971
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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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11-06-2008, 05:58 PM
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Senior Member
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Join Date: Jan 2007
203 posts, read 173,185 times
Reputation: 34
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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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11-06-2008, 07:11 PM
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Join Date: Oct 2007
1,773 posts, read 1,211,632 times
Reputation: 567
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Quote:
Originally Posted by burgerflipper
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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Missouri and Kansas aren't doing too hot, from what I've seen. |
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11-07-2008, 03:02 PM
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Senior Member
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Join Date: Apr 2008
Location: Dorchester
2,242 posts, read 870,099 times
Reputation: 752
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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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11-07-2008, 03:06 PM
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!
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Join Date: Oct 2008
Location: Nokerlina
3,952 posts, read 1,479,515 times
Reputation: 2543
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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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11-07-2008, 03:17 PM
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Happy Holidays.
Status:
"10 inches of snow, wow."
(set 17 days ago)
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Join Date: Dec 2007
Location: Omaha
2,516 posts, read 2,105,560 times
Reputation: 640
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Well, Omaha has 3% unemployment i think.
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