SA America's Second Fastest-Recovering City (San Antonio, Atlanta: employment, contractor, subdivision)

[sapphire]

Originally Posted by majormadmax

So does all the doom-and-gloom, but I guess it's all propaganda to bring more people to San Antonio!

I don't spew doom and gloom.

The eonomy may be better here than somewhere else. But that doesn't really help a person LIVING here who's been adversely affected by this lousy economy, does it? You start out by asking if anyone wanted to talk about the "bad economy here" and my answer is "Yes." People here are hurting--not you, obviously, but my awareness level extends beyond my front porch.

[majormadmax]

Well, it sounds like Forbes used a well-accepted structured approach to determining the list rankings; so while it may not match every individual's specific experience or situation, it does represent a scientific methodology that accurately compares and ranks the cities studied....

To form our list, we ranked the 100 largest Metropolitan Statistical Areas--geographic entities that the U.S. Office of Management and Budget defines and uses in collecting statistics--in five categories: unemployment rate, GMP (a measure of the size of a city's economy), foreclosures, home prices and sales rates.

We ranked September unemployment rates (the most recent available by metro) using data from the Bureau of Labor Statistics; the percentage of a metro's homes in foreclosure with September data provided by RealtyTrac; and the change in GMP between the first and second quarter of 2009 from the Brookings Institution's MetroMonitor. We also included the second-quarter 2009 year-over-year change in Freddie Mac's Conventional Mortgage Home Price Index--a measure of housing price inflation--and the average days on the market for properties currently on sale (to measure sales rates), using data from Zillow.com. We then averaged the scores for each measure to arrive at an overall ranking.

[wCat]

Does this mean you were serious about offering to purchase that Finn Mosin? My offspring is hoping to hear from you.

[majormadmax]

Originally Posted by wCat

Does this mean you were serious about offering to purchase that Finn Mosin? My offspring is hoping to hear from you.

Sure, DM me his email address!

I hope I didn't miss a post about this somewhere...if I did, my apologies!

Cheers! M2

[LiveUrban]

Originally Posted by majormadmax

Well, it sounds like Forbes used a well-accepted structured approach to determining the list rankings; so while it may not match every individual's specific experience or situation, it does represent a scientific methodology that accurately compares and ranks the cities studied....

There isn't anything wrong about the list...
however your first comment wasn't necessary.

[majormadmax]

Originally Posted by LiveUrban

There isn't anything wrong about the list...
however your first comment wasn't necessary.

Well, I disagree. The comment addressed claims that the economy in San Antonio is bad, this study proves that it is not; but some will continue to debate the topic despite evidence to the contrary.

Opinion is one thing, but logic with supporting fact will always prevail!

[Backliteyes]

Originally Posted by majormadmax

Well, I disagree. The comment addressed claims that the economy in San Antonio is bad, this study proves that it is not; but some will continue to debate the topic despite evidence to the contrary.

Opinion is one thing, but logic with supporting fact will always prevail!

It is a fact that San Antonio is doing better than many many other places in the country. It is also a fact that plenty of people in San Antonio are having a hard time due to the economy not being as good as it has been in past years. You can't claim the first fact makes the second not true. Also, no one here has tried to say that the second fact makes the first not true. Trying to do either is annoying.

[lemonfresh]

Originally Posted by sapphire

Really? Tell that to 2 of my friends that no longer have jobs. Tell that to another friend who is taking a huge pay cut in 2010--employed with the same company, but will be bringing about 10K less home.

You do understand that the article didn't list the top 10 "cities where nobody has any problems and everyone has a job."

Does it even occur to you that it could be a lot worse here and it is a lot worse in other places? In another city, you and every friend you know could be out of work.

But yeah, being cynical and sarcastic about the list is the way to go!

[sapphire]

Originally Posted by lemonfresh

You do understand that the article didn't list the top 10 "cities where nobody has any problems and everyone has a job."

Does it even occur to you that it could be a lot worse here and it is a lot worse in other places? In another city, you and every friend you know could be out of work.

But yeah, being cynical and sarcastic about the list is the way to go!

For the second time. I have no problem with the so-called facts of the article. I answered the man's question put forth in the first post. So don't get your pom-poms all in a whirl either.

[lemonfresh]

Sapphire, you do know that people lost their jobs and couldn't find work in the US and SA before the economy took a nosedive, right?