The Dismal Scientist: Recession Recovery Status by U.S. metro

[w¡n9Nµ7 §£@¥€r 123]

This is an interesting site - http://www.economy.com/dismal/us-map/default.aspx?tab=1&edition=1#tabs-2

Edited April 28, 2010 by w¡n9Nµ7 §£@¥€r

[w¡n9Nµ7 §£@¥€r 123]

ETA: Fixed URL to direct user to List View (which has the list of metros).

[w¡n9Nµ7 §£@¥€r 123]

The only metro still listed as "In Recession" is Laredo, Texas. All other metros listed are Recovering or Moderating.

[Obama 2012 1,714]

The only metro still listed as "In Recession" is Laredo, Texas. All other metros listed are Recovering or Moderating.

Laredo. Hilarious actually... Figuring they have an ummmm 'immigration' problem.

[w¡n9Nµ7 §£@¥€r 123]

Laredo. Hilarious actually... Figuring they have an ummmm 'immigration' problem.

I'm going through the 'economic outlook' writeups for various metros. This is good stuff.

Here are some samples. The first one is where I am, the next two are where I think you might be.

Edison Economic Outlook

Strengths

* Well-diversified industrial structure with many growing industries.

* Highly skilled workforce and high per capita income.

* Consistently above-average credit conditions.

Weaknesses

* Dense level of development and slow population growth.

* High costs of living and doing business.

* Closure of Fort Monmouth will cost thousands of skilled jobs.

Dallas Economic Outlook

Strengths

* The many corporate headquarters generate stable demand for professional services.

* Well-positioned distribution center for Southwest as international trade grows.

Weaknesses

* Exposure to volatile high-tech industry, which is very sensitive to business cycle.

* Eroding cost advantage with other regional centers such as Houston and Atlanta.

Fort Worth Economic Outlook

Strengths

* Barnett Shale natural gas formation is the largest producer in the U.S., 5% of total demand.

* Low costs of business and living attract businesses and residents from Dallas.

Weaknesses

* Airline industry faces short- and long-term challenges to growth.

* Exposure to motor vehicle production adds to cyclical volatility.

Oh, and Laredo..

Laredo Economic Outlook

Strengths

* As the top land port on the Rio Grande, Laredo handles huge trade with Mexico.

* The young and growing population generates demographically related spending.

Weaknesses

* Low per capita income implies low demand for higher-end consumer goods and services.

* Low industrial diversity adds to volatility and constrains growth in new industries.

Edited April 28, 2010 by w¡n9Nµ7 §£@¥€r

[w¡n9Nµ7 §£@¥€r 123]

I just noticed, one metro is listed in Expansion - Jacksonville, NC

[Obama 2012 1,714]

I'm going through the 'economic outlook' writeups for various metros. This is good stuff.

Here are some samples. The first one is where I am, the next two are where I think you might be.

Edison Economic Outlook

Strengths

* Well-diversified industrial structure with many growing industries.

* Highly skilled workforce and high per capita income.

* Consistently above-average credit conditions.

Weaknesses

* Dense level of development and slow population growth.

* High costs of living and doing business.

* Closure of Fort Monmouth will cost thousands of skilled jobs.

Dallas Economic Outlook

Strengths

* The many corporate headquarters generate stable demand for professional services.

* Well-positioned distribution center for Southwest as international trade grows.

Weaknesses

* Exposure to volatile high-tech industry, which is very sensitive to business cycle.

* Eroding cost advantage with other regional centers such as Houston and Atlanta.

Fort Worth Economic Outlook

Strengths

* Barnett Shale natural gas formation is the largest producer in the U.S., 5% of total demand.

* Low costs of business and living attract businesses and residents from Dallas.

Weaknesses

* Airline industry faces short- and long-term challenges to growth.

* Exposure to motor vehicle production adds to cyclical volatility.

Oh, and Laredo..

Laredo Economic Outlook

Strengths

* As the top land port on the Rio Grande, Laredo handles huge trade with Mexico.

* The young and growing population generates demographically related spending.

Weaknesses

* Low per capita income implies low demand for higher-end consumer goods and services.

* Low industrial diversity adds to volatility and constrains growth in new industries.

Fort Worth: EMPLOYMENT GROWTH RANK

Best=1Worst=392

2009-11

27

1st quintile

Edison: EMPLOYMENT GROWTH RANK

Best=1Worst=392

2009-11

341

5th quintile

Oops.

[w¡n9Nµ7 §£@¥€r 123]

It's not a competition, Paul

[Obama 2012 1,714]

It's not a competition, Paul

Oh come now, it would be if you were in the 1st quintile and I was in the 5th.

[w¡n9Nµ7 §£@¥€r 123]

Oh come now, it would be if you were in the 1st quintile and I was in the 5th.

This is true.