the 15 most recession proof cities

[DOGS THAT BARK]

In reverse order--
http://www.cnbc.com/id/31490968

15. Albuquerque, NM

Change in Employment: -1.6%
Change in Unemployment Rate: 2.6%
Change in GMP: -1.6%
Change In Housing Prices: -2.1%


14. Washington, D.C.

Change in Employment: -0.6%
Change in Unemployment Rate: 2.7%
Change in GMP: -0.1%
Change In Housing Prices: -8.8%


13. Des Moines, Iowa

Change in Employment: -1.3%
Change in Unemployment Rate: 1.2%
Change in GMP: -3.5%
Change In Housing Prices: 0.1%


12. Wichita, Kan.

Change in Employment: -0.5%
Change in Unemployment Rate: 2.7%
Change in GMP: -4.4%
Change In Housing Prices: 3.3%


11. El Paso, Texas

Change in Employment: -0.7%
Change in Unemployment Rate: 2.5%
Change in GMP: -1.0%
Change In Housing Prices: -1.5%


10. Omaha, Neb.

Change in Employment: -1.0%
Change in Unemployment Rate: 1.5%
Change in GMP: -2.2%
Change In Housing Prices: 0.4%


9. Tulsa, Okla.

Change in Employment: -0.6%
Change in Unemployment Rate: 2.9%
Change in GMP: -1.7%
Change In Housing Prices: 3.0%


8. Baton Rouge, La.

Change in Employment: -0.3%
Change in Unemployment Rate: 1.5%
Change in GMP: -2.3%
Change In Housing Prices: 2.0%


7. McAllen, Texas

Change in Employment: -0.3%
Change in Unemployment Rate: 3.1%
Change in GMP: At Peak
Change In Housing Prices: 2.3%


6. Little Rock, Ark.

Change in Employment: -1.5%
Change in Unemployment Rate: 1.4%
Change in GMP: -2.2%
Change In Housing Prices: 2.8%


5. Dallas, Texas

Change in Employment: -1.0%
Change in Unemployment Rate: 2.6%
Change in GMP: -0.4%
Change In Housing Prices: 3.4%


4. Austin, Texas

Change in Employment: -0.5%
Change in Unemployment Rate: 2.3%
Change in GMP: At Peak
Change In Housing Prices: 2.4%


3. Houston, Texas

Change in Employment: -0.6%
Change in Unemployment Rate: 2.3%
Change in GMP: -0.7%
Change In Housing Prices: 4.7%


2. Oklahoma City, Okla.

Change in Employment: -0.2%
Change in Unemployment Rate: 2.3%
Change in GMP: -0.5%*
Change In Housing Prices: 2.8%


1. San Antonio, Texas

Change in Employment: -0.4%
Change in Unemployment Rate: 1.9%
Change in GMP: -0.5%
Change In Housing Prices: 2.6%

 

[Cie]

I'm surprised New Orleans didn't make the list. Housing prices are stable, and with the glut of construction, the only folks w/o work are those who are only pretending to be looking for it. Wages have increased across the board over the past 4 years.

 

[hedgehog]

I am very glad I live in Texas...6 out of 15 cities are on the list and I live in one:00hour

 

[Terryray]

Yup, I came from Austin up to KC. It is quite a difference coming from a place few folks talked about losing thier jobs to an area where it's the main worry....you can feel the vibe in stores, restaurants, every time you pick up the local paper to read.

 

[BobbyBlueChip]

Some states have been propped up by NAFTA - No state more than Texas.

 

[layinwood]

Bobby, while it's true we do have a lot of business from NAFTA I'm not really sure it applies to these numbers and what they're saying. Here's why-When NAFTA originally started we saw 573,000 jobs created by it, now we only have 471,000 jobs related to NAFTA. So what gave us an boost in 93 and 94 has since gone down. Even if it's remained steady it wouldn't have changed the numbers reported.

 

[Skins1080]

I'm here in DC, and that's definitely true -- while it isn't exactly booming, things here are fairly steady.

 

[djv]

Im surprised Madison Wis didn,t make list. The top 15 have such strong numbers. I thought Texas had all those border problem. Where they hide those numbers. And I believe many of these cities are state capitals. Gov jobs? And majior Universties more Gov jobs?

 

[DOGS THAT BARK]

Some states have been propped up by NAFTA - No state more than Texas.

My guess would be- right to work states (big union states were on opposite side of spectrum in report of worst cities last month).

aside from DC with the gov jobs which are booming--overwhelming parralels of worst and best--probably just coincidence.

Hedge--State of Texas is one of few with positive budget--when gov was ask how he did it he said-- -he cut spending and implemented tort reform.

 

[Jaxx]

Oklahoma has been rocken for a while. My Brother has a construction company in OKC and he is giving work away he has so much of it. Here in Jax construction is not to be found.
:nooo:

 

[BobbyBlueChip]

My guess would be- right to work states (big union states were on opposite side of spectrum in report of worst cities last month).

aside from DC with the gov jobs which are booming--overwhelming parralels of worst and best--probably just coincidence.

Hedge--State of Texas is one of few with positive budget--when gov was ask how he did it he said-- -he cut spending and implemented tort reform.

That would be a guess. Wonder why these cities who have always been low union weren't so strong before NAFTA? Probably another coincidence.

 

[layinwood]

Bobby, tell us then how these cities where before NAFTA? I'm willing to be that most of these cities had similar numbers to now. It's not like these numbers are showing some kind of boom down here. It's more a reflection of what didn't happen over the last few years. We didn't have the rise in housing that a lot of areas had and that has helped out a lot.

 

[The Judge]

Some states have been propped up by NAFTA - No state more than Texas.

Your opinion on how NAFTA has affected Texas is incorrect. Many US jobs have been lost to this horrible plan yet Texas is still only one of four states that has never had a state income tax.

 

[theGibber1]

Yes not bad for a state full of so called uneducated inbread hicks... :SIB

I am not surprised by these numbers. I have not met anyone really affected much here in Dallas. Here in Downtown there is construction everywhere. The city really seems to be growing.

Stay strong TX:mj06:

 

[chickenman]

As a member for several years but an infrequent poster, I have noticed a severe hatred for Texas. I was wondering what the reason was. Not trying to start a heated discussion which usually takes place, just simply wondered what it is about Texas and Texans that drives certain people crazy. I am biased but I love it here.

:shrug:

CM

 

[BobbyBlueChip]

As a member for several years but an infrequent poster, I have noticed a severe hatred for Texas. I was wondering what the reason was. Not trying to start a heated discussion which usually takes place, just simply wondered what it is about Texas and Texans that drives certain people crazy. I am biased but I love it here.

:shrug:

CM

Chicken,

If you'll notice this thread alone, I mentioned that NAFTA is a major reason for Texas' economic power over the last 10 years - which I don't think anyone with knowledge of manufacturing, distribution, retail or transportation/logistics would argue (at least that I'm aware) and so we've got layinwood taking offense, judge saying the opinion is wrong but still proud of it's lack of an income tax, and Gibber feeling that the economy is a validation of the "inbreads" and you asking why everyone hates Texas.

Would this happen in a discussion with any other state?

I'm glad you're proud and happy of Texas, on the other side.

 

[layinwood]

There was no offense taken by me, in fact I agreed with you that we've gained a lot of business because of it but have lost jobs since the highest point of employment. And then I stated that for the numbers in this study NAFTA hadn't really changed them.

If I post something about your state you feel is wrong and then you stated your thoughts on it, am I to believe it's because you took offense to it or merely wanted to correct a wrong?

 

[BobbyBlueChip]

I must have inferred an incorrect tone - my bad

 

[JT]

One of my best friends moved to San Antonio when he retired. Seems to like it. I have been meaning to go to Texas one of these days. For me I like cooler weather so I doubt I could handle living thru those summers.
As for the economy, isn't some of it due to the oil industry or has that slowed up and it is other things?

 

[DOGS THAT BARK]

Some states have been propped up by NAFTA - No state more than Texas.

Maybe you give us heads up how nafta helped above cities and were detrimental to the worst-
NYC-Chicago-Detroit-Cleveland-Flint-Stockton etc

I think I can find a common denominator if it happens to escape you.