Texas is the best state for business (again) in 2010 (200k, recessions, work)
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Monthly Review of the Texas Economy — June 2010
By Ali Anari and Mark G. Dotzour
Texas is coming out of the Great Recession and leading the United States in the current
U-shaped economic recovery (Figure 1). After 16 months of job losses, the state’s annual
employment growth rate turned positive and posted an annual employment growth rate of
0.2 percent for the period from May 2009 to May 2010. The nation’s rate of job losses
has decreased from 4 percent in August 2009 to 0.4 percent in May 2010 (Figure 1 and
Table 1).
The state’s seasonally adjusted unemployment rate rose from 7.5 percent in May 2009 to
8.3 percent in May 2010, while the U.S. rate rose from 9.4 percent to 9.7 percent during
that period (Table 1).
Table 2 shows Texas industries ranked by employment growth rate from May 2009 to
May 2010. Table 3 shows the relative importance of the state’s industries based on
number of employees.
I think User is right... everyone stay away from TX. Especially the north Dallas area. Nothing to see here....no world class museums or anything like that. Just keep moving...
I think User is right... everyone stay away from TX. Especially the north Dallas area. Nothing to see here....no world class museums or anything like that. Just keep moving...
This is just more nonsense. I have never suggested in any of my posts that people should not move to Texas nor have I critiqued anybody for moving there.
Once again you ignore the actual issues and retort like a child.
This is just more nonsense. I have never suggested in any of my posts that people should not move to Texas nor have I critiqued anybody for moving there.
Once again you ignore the actual issues and retort like a child.
Actually, you have stated your "opinions" and I have stated mine. I clearly think you are wrong and even clueless about this area with your generalizations and you think the same about me. I'm cool with that. I wasn't retorting like a child, rather I was bringing some lightness to the conversation. There isn't anything else to talk about now.
I clearly think you are wrong and even clueless about this area with your generalizations and you think the same about me
.
More nonsense again. Which claims are wrong? I have backed up everything I've stated about Texas in this thread, you on the other hand have provided no data whatsoever. Not only that you ignore any data that conflicts with what you want to believe, in particular that California, etc are "rat races" where as Texas is not. Now, if you just want to merely state your opinion and make no attempt to justify yourself....well okay. I'm more interested in what is actually the case though.....I have absolutely no bias either way.
More nonsense again. Which claims are wrong? I have backed up everything I've stated about Texas in this thread, you on the other hand have provided no data whatsoever. Not only that you ignore any data that conflicts with what you want to believe, in particular that California, etc are "rat races" where as Texas is not. Now, if you just want to merely state your opinion and make no attempt to justify yourself....well okay. I'm more interested in what is actually the case though.....I have absolutely no bias either way.
You have backed up everything you've stated about Texas? With what...opinions? Please shut up, you are clueless and nobody agrees with you. Don't you have some world class museum to walk?
You have backed up everything you've stated about Texas? With what...opinions?
Yes, I've posted numerous data on this thread that supports what I'm saying.
Of course, you have to look at what I'm actually saying rather than the straw man you are building. I'm not saying that Texas is a bad state, I'm not saying that people should not move to Texas, I'm not saying that California is better than Texas, etc. Most of my posts with you have not been about business, but rather living environment. There my primarily claim is merely that one can avoid the "rat race" in California just as easily as in Texas. Furthermore, under your own definition Texas looks a lot like a rat race if you look at the objective data.
Its really not about California v. Texas, I'm just most familiar with California. My entire point here is that neither state is universally better than the other and that the ranking in the OP is just silly and worthless for any individual business.
The latest employment numbers are out for the nation’s 100 largest metropolitan areas -- and the news is more bad than good.
Fifty-three markets lost private-sector jobs during the past 10 years, while 47 gained, according to the U.S. Bureau of Labor Statistics.
Buffalo is on the downside, having lost 25,200 positions since May 2000, though it is slightly higher than it was a year ago.
This sortable database has the latest figures for all 100 metros. If you click View Details, you’ll get a year-by-year rundown for a specific market, as well as a summary of its highest and lowest points of the decade.
1. Detroit (-498,300)
2. Chicago (-365,400) 3. Los Angeles (-323,500) 4. San Francisco-Oakland (-250,500)
5. New York (-188,900) 6. San Jose (-188,500)
7. Cleveland (-139,700)
8. Boston (-119,600)
9. New Orleans (-83,400)
10. Atlanta (-77,500)
In the gainers : 4 Texas areas
In the losers : 3 California areas
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