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Old 05-16-2012, 06:12 PM
 
Location: Chicago
303 posts, read 579,394 times
Reputation: 212

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We are in the worst economic times in US history.Allot of cities thrived before the Recession, huge job growth and construction.Once the Recession hit,the effects of it varied with cities.What cities do you think are doing well?
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Old 05-16-2012, 06:49 PM
 
11,289 posts, read 26,205,471 times
Reputation: 11355
Nowhere NEAR the worst economic times of our country's history.
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Old 05-16-2012, 07:07 PM
 
Location: Philadelphia, PA
8,700 posts, read 14,701,215 times
Reputation: 3668
I agree... this is no where near the worst economic times in our country's history. With that said... I know New York City, Chicago, Philadelphia, San Francisco and Houston are all doing really well... I'm sure others are as well.
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Old 05-16-2012, 07:13 PM
 
5,365 posts, read 6,339,276 times
Reputation: 3360
Sure as hell isn't Tampa. I can say that much.
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Old 05-16-2012, 07:16 PM
 
7,237 posts, read 12,744,223 times
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Quote:
Originally Posted by Chicago60614 View Post
Nowhere NEAR the worst economic times of our country's history.
The worst of most of our lifetimes.

But I see your point.
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Old 05-16-2012, 07:22 PM
 
Location: Indianapolis
3,892 posts, read 5,515,157 times
Reputation: 957
Quote:
Originally Posted by Summersm343 View Post
I agree... this is no where near the worst economic times in our country's history. With that said... I know New York City, Chicago, Philadelphia, San Francisco and Houston are all doing really well... I'm sure others are as well.
Those cities Economies are NOT doing well.
Heck NYC unemployment is now near 10%
Chicago is above 9%
Philly: 8.8% unemployment rate which is the better of the 4. however thats still above the national average.
SF has a 9% unemployment rate and going up due to how Anti-Business Californiastan is. *California is DEAD last in Business Climate 49 other states easily are better to do business in*

now Indianapolis for example has an unemployment rate under 8% *National Average is 8.2% and should be higher*
Indianapolis, IN Jobs on CareerBuilder.com
To me that qualifies as a strong economy in these times. You have to consider both the Unemployment Rate *Competition to get a job* and Job openings. For a Metro of 2M people Careerbuilder.com by no means is going to post every job opening but i use it as a rule of thumb on how good a city is doing.
Several Universities though have said Indianapolis should be back to Pre-Recession Employment before the end of this year. Well other areas like Illinois/California/New York may wait until past 2015 or never reach the full Pre-Recession Employment level.

Also Houston is doing well due to the fact Texas is #1 to do business in and people are setting up shop there more than any other state

Last edited by Broadrippleguy; 05-16-2012 at 07:27 PM.. Reason: updated Philly Unemployment Rate and SF unemployment rate.
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Old 05-16-2012, 07:32 PM
 
2,598 posts, read 4,927,929 times
Reputation: 2275
Here is a good indication of who is on top.

Unemployment Rates for Metropolitan Areas
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Old 05-16-2012, 07:45 PM
 
6,940 posts, read 9,681,455 times
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The whole country is pretty much in a depression, but there are a couple of metros that are doing fairly well. I would say the Texas metros are doing fine. The DC area will always be recession proof.
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Old 05-16-2012, 07:54 PM
 
Location: Washington D.C.
13,728 posts, read 15,765,512 times
Reputation: 4081
Quote:
Originally Posted by knowledgeiskey View Post
The whole country is pretty much in a depression, but there are a couple of metros that are doing fairly well. I would say the Texas metros are doing fine. The DC area will always be recession proof.
O gosh....here comes the DC bashing.....
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Old 05-16-2012, 08:00 PM
 
7,237 posts, read 12,744,223 times
Reputation: 5669
Quote:
Originally Posted by MDAllstar View Post
O gosh....here comes the DC bashing.....

You DC folks are really a self-conscious bunch.

He/she said "The DC area will always be recession proof", which is a COMPLIMENT and a GOOD THING.
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