The United States did not experience an even, cross-country recession.
The United States did not experience an even, cross-country recession. The downturn descended like a tornado twisting its way from Miami through Michigan, lifting over the midwest, and returning with vengeance in Nevada, Arizona and California. The entire country felt the gusts, but the recovery has taken root where the tornado didn’t strike: in Texas, up through the central time zone, and across the country’s state capitals.
Who’s getting up off the ground the fastest? Every quarter, the Metropolitan Policy Program at the Brookings Institution identifies the 20 strongest major metro areas, based on a variety of factors including economic activity, housing and employment. Listed in alphabetical order they are:
Augusta-Richmond County, GA-SC
Austin-Round Rock-San Marcos, TX
Baton Rouge, LA
Buffalo-Niagara Falls, NY
Dallas-Fort Worth-Arlington, TX
El Paso, TX
Kansas City, MO-KS
Little Rock-North Little Rock-Conway, AR
Oklahoma City, OK
Omaha-Council Bluffs, NE-IA
San Antonio-New Braunfels, TX
Virginia Beach-Norfolk-Newport News, VA-NC
What do these cities have in common?
- Eds and Meds
- Texas (Or At Least Its Time Zone)
- Cheap Labor
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Source: Derek Thompson | The Atlantic