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View Full Version : san antonio city least affected by recession


rjv
10-23-2009, 01:37 PM
http://images.businessweek.com/ss/09/10/1022_40_strongest_us_metro_economies/2.htm

Forty Strongest U.S. Metro Economies (http://images.businessweek.com/ss/09/10/1022_40_strongest_us_metro_economies/index.htm)

2 of 42 next slide (http://images.businessweek.com/ss/09/10/1022_40_strongest_us_metro_economies/3.htm) previous slide (http://images.businessweek.com/ss/09/10/1022_40_strongest_us_metro_economies/1.htm)
http://images.businessweek.com/ss/09/10/1022_40_strongest_us_metro_economies/image/001_san_antonio_texas.jpg


San Antonio, TX

Overall rank: 1

San Antonio, the second-largest city in Texas and the site of the battle of the Alamo, has one of the strongest job markets in the nation. Construction, which slowed during the recession, remains relatively robust, in part because of a new JW Marriott, a Caterpillar plant now under construction, as well as school, hospital, and military projects. Employment in San Antonio peaked in the second quarter of last year. Gross metropolitan product in the second quarter was down just 0.8% from the peak in the third quarter of 2008. Home prices grew 3.1% in the second quarter compared with the same period a year earlier. And the unemployment rate in June was 6.9%, up 2 points from a year earlier. (Please see below for the various criteria used by the Brookings Institution to determine the overall ranking.)
jman3000
10-23-2009, 01:43 PM
I've been able to leave 1 job and get another within a week in the last year. The rank is pretty spot on.
Winehole23
10-23-2009, 01:45 PM
http://images.businessweek.com/ss/09/10/1022_40_strongest_us_metro_economies/image/002_austin_texas.jpg


Austin-Round Rock, TX

Overall rank: 2

Austin, a high-tech center, is also home to the University of Texas. Employment in the Austin metro peaked in the fourth quarter of last year. Gross metropolitan product peaked in the second quarter. Home prices grew 2.5% in the second quarter compared with the same period a year earlier. And the unemployment rate in June was 7.1%, up 2.6 points from a year earlier. (Please see below for the various criteria used by the Brookings Institution to determine the overall ranking.)

Job growth (since peak) rank: 2
Gross Metro Product (since peak) rank: 2
Unemployment change (year over year) rank: 16
Home price change (year over year) rank: 18
Crookshanks
10-23-2009, 01:48 PM
The article also said that Texas was the last state to enter the recession; so we shouldn't be in it as long. Thank goodness for that since I'm going to be unemployed at the end of the year.
antimvp
10-23-2009, 02:00 PM
shit, here they come.

http://farm3.static.flickr.com/2415/2265484100_9eaa476424.jpg?v=0
coyotes_geek
10-23-2009, 05:12 PM
More TX representation:

DFW #5
Houston #9
El Paso #10
McAllen/Edinburg #12
Trainwreck2100
10-23-2009, 05:18 PM
i fucking hate articles like that
Nbadan
10-23-2009, 07:29 PM
...military, Oil, health-care, self-regulation by industry, spotty enforcement by the State....and corporate over-lords....what's not too like?

:lol
Nbadan
10-23-2009, 07:31 PM
Seriously, for better or worse (for us) we are a global economy now (thanks Reagan), and the global economy is on life support right now....you think things are bad here....you don't realize how close the system was to collapse globally...