The Resilient and the Rest
26 July 2009 - 5:00am
This piece from Forbes looks at which cities will recover fastest from the recession -- and which ones won't.
Housing issues and the types of jobs each city's economy supports played a big role in determining which cities would be more resilient than others, according to the study.
"Poised for swift recovery are many Texas cities, such as Austin, San Antonio, Dallas and McAllen. These areas did not see the massive real estate bubble that formed in states like California, Nevada and Florida. The economy is diverse, with heavy growth coming from education and health care in recent years."
Source:
Forbes, July 24, 2009
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