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View Poll Results: Which Local Economy is The Most Recession Resistant?
San Francisco 26 12.26%
Dallas 33 15.57%
Houston 12 5.66%
New York City 20 9.43%
Boston 22 10.38%
DC 87 41.04%
Seattle 19 8.96%
Chicago 17 8.02%
Los Angeles 6 2.83%
Miami 2 0.94%
Atlanta 12 5.66%
Austin 12 5.66%
Philadelphia 15 7.08%
Minneapolis 12 5.66%
Other 17 8.02%
Multiple Choice Poll. Voters: 212. You may not vote on this poll

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Old 03-20-2020, 12:17 PM
 
37,881 posts, read 41,926,018 times
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For what it's worth: https://www.brookings.edu/blog/the-a...y-hit-hardest/

This has the larger Bos-Wash cities, the PNW, and the Twin Cities faring the best.
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Old 03-21-2020, 12:23 AM
 
Location: Flovis
2,898 posts, read 1,998,773 times
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Quote:
Originally Posted by Mutiny77 View Post
For what it's worth: https://www.brookings.edu/blog/the-a...y-hit-hardest/

This has the larger Bos-Wash cities, the PNW, and the Twin Cities faring the best.
Pnw is looking like the west coast epicenter, so they might feel it harder than this report is saying.
NYC is the epicenter on the east coast.

California also fares well in that report.
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Old 03-21-2020, 06:02 AM
 
Location: (six-cent-dix-sept)
6,639 posts, read 4,568,970 times
Reputation: 4730
obviously doctors and hospital admins are needed. next year when f.d.a. clears vaccines for use whatever corporations are involved in their fabrication stocks would go up.
whatever metro has the most m.d.'s and b.s.'s per capita will be self sufficient.
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Old 03-21-2020, 09:54 AM
 
Location: Tokyo, JAPAN
955 posts, read 610,191 times
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Quote:
Originally Posted by Dallaz View Post
Dallas’ economy is very diverse and isn’t oil dependent. A downturn in the oil industry wouldn’t really hurt Dallas at all.
Maybe compared to Houston, but on the whole, Dallas's does not have a particularly diverse economy.

In regards to the question posed, I would say Minneapolis, Chicago and Boston/NYC/DC.

I would absolutely not bet on SF and Seattle doing well - they are home to a lot of unprofitable tech companies that are bleeding cash and are highly dependent on venture capital. That unsustainable cash-flow will absolutely dry up during a recession and you will see a lot of these companies falling off.

Airbnb and Uber in particular I'm quite worried about.
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Old 03-21-2020, 10:01 AM
 
340 posts, read 320,701 times
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Quote:
Originally Posted by btownboss4 View Post
Atlanta has Delta

Dallas has American Airlines and some Oil and Gas so that’s going to be tough for them.
Atlanta’s economy consists of much more than Delta even though Delta is one of the largest employers in the metro. I do think that some of Atlanta’s other main industries like transportation/logistics, retail, etc. will face some challenges; however, Atlanta will still have a very diverse economy and I think it will fare better than in the past recession.
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Old 03-21-2020, 10:25 AM
 
Location: Los Altos Hills, CA
36,653 posts, read 67,499,960 times
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Under Donald Trump? Are you guys kidding? He would slash govt bureaucracy down to bare bones.

Remember Obama started doing the same thing in 2011-2013 and DC has been out of the top tier of growth cities ever since.
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Old 03-21-2020, 11:05 AM
 
Location: Bergen County, New Jersey
12,159 posts, read 7,989,874 times
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San Fran, Boston, DC, Seattle...
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Old 03-21-2020, 11:12 AM
 
16,691 posts, read 29,511,067 times
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Dc.
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Old 03-21-2020, 11:52 AM
 
3,141 posts, read 2,045,857 times
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Quote:
Originally Posted by Dallaz View Post
Dallas’ economy is very diverse and isn’t oil dependent. A downturn in the oil industry wouldn’t really hurt Dallas at all.
Oil and Gas is the second largest economic sector in DFW. That industry is the reason it wasn't hurt as bad as somewhere like Atlanta during the last recession (and why Houston was booming then).
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Old 03-21-2020, 09:26 PM
 
Location: C.R. K-T
6,202 posts, read 11,448,391 times
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Quote:
Originally Posted by Mutiny77 View Post
I think we found out the answer to this during the Great Recession: DC.
Assuming that the United States still exists. That city will be the most war torn in North America after an insurrection/invasion.

Quote:
Originally Posted by Mr. Clutch View Post
Oil and Gas is the second largest economic sector in DFW. That industry is the reason it wasn't hurt as bad as somewhere like Atlanta during the last recession (and why Houston was booming then).
Atlanta has began to recover from the Great Recession within the past couple of years. The population has remained stagnant for the entire decade compared to the two major Texas metros. Peninsular Florida has enjoyed a surge of popularity; not good for Atlanta being in the same region!
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