U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > California > Los Angeles
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
Old 03-08-2010, 12:48 AM
 
Location: New York City/San Diego, CA
626 posts, read 914,278 times
Reputation: 900

Advertisements

I am shocked that LA is ranked as one of the cities where where the recession is easing. This list mainly contains cities in Texas as well as cities located in smaller, less diverse states. I think it is a major feat that LA made this list.

Cities Where The Recession Is Easing - Forbes.com

Great news!
Reply With Quote Quick reply to this message

 
Old 03-08-2010, 06:43 AM
 
Location: Bella Vista, Ark
73,705 posts, read 86,145,005 times
Reputation: 44084
Quote:
Originally Posted by sfosyd View Post
I am shocked that LA is ranked as one of the cities where where the recession is easing. This list mainly contains cities in Texas as well as cities located in smaller, less diverse states. I think it is a major feat that LA made this list.

Cities Where The Recession Is Easing - Forbes.com

Great news!
I look at Forbes as an interesting read, but don't pay much attention to what it says;;that being said, I certainly hope this is right, they deserve a break...

Nita
Reply With Quote Quick reply to this message
 
Old 03-08-2010, 09:34 AM
 
Location: Living on the Coast in Oxnard CA
16,242 posts, read 27,528,309 times
Reputation: 21547
Maybe so, but I know a lot of people that are out of work or just underemployed and barely making it. When those people have a change in their situation then I will agree. Then again maybe Forbes is basing their research on what will happen after some other factor kicks in. Who knows. Maybe I will actually read the article and find out. lol
Reply With Quote Quick reply to this message
 
Old 03-08-2010, 11:14 AM
 
Location: Los Angeles......So. Calif. an Island on the Land
736 posts, read 2,036,594 times
Reputation: 473
Note the article says where the recession is "easing".......the biggest disconnect does seem to be our high unemployment rate (above the national average).

But as battered as our housing market is...it is certainly better than Vegas or Miami, etc. And the housing market was ONE of the metrics they looked at in their analysis. Also, LA County is "projected" to ADD jobs in 2010 (although not a huge number) and that was another factor they considered.

In addition, traffic at the LA-Long Beach port complex is up after a dismal 2009. THis is good news and international trade is a key driver in the LA economy. Thanks for the post...any good news is welcome!!!
Reply With Quote Quick reply to this message
 
Old 03-08-2010, 11:35 AM
 
Location: Cali
3,905 posts, read 6,308,598 times
Reputation: 2228
Recession easing in Los Angeles? Florida has great skiing too.lol
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Options
X
Data:
Loading data...
Based on 2000-2016 data
Loading data...

123
Hide US histogram

Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > California > Los Angeles
Follow City-Data.com founder on our Forum or

All times are GMT -6.

© 2005-2020, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top