san antonio city least affected by recession

[rjv]

http://images.businessweek.com/ss/09...conomies/2.htm

Forty Strongest U.S. Metro Economies

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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 Ins ution to determine the overall ranking.)

[jman3000]

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]

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 Ins ution 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]

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]

, here they come.

[coyotes_geek]

More TX representation:

DFW #5
Houston #9
El Paso #10
McAllen/Edinburg #12

[Trainwreck2100]

i ing hate articles like that

[Nbadan]

...military, Oil, health-care, self-regulation by industry, spotty enforcement by the State....and corporate over-lords....what's not too like?

[Nbadan]

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...