Top 4 Cities that are Holding Strong or Ignoring the Recession

By
Services for Real Estate Pros with Property Services & Short Sale TC

     As California's Riverside, San Bernardino, and Ontario area are dealing with nearly 14% unemployment, while the 13% unemployment in Las Vegas are right behind us.  It seems that the US unemployment rate is at 9% again.  But with all that being said there are a several US cities that are unaffected by the bad economy.

      Washington, DCholds a reported Gross domestic product (GDP) of 2009's $366.6 billion to today's $407.5 billion with an unemployment of 5.8% and a 10 year (2000-10) population increase of 2.8%.  I guess having government jobs, huge need for legal services, and a lot of reputable higher leaning institutions it makes it really easy to ignore the economic downturn.

      Austin, Texas holds a reported Gross domestic product (GDP) of 2009's $73 billion to today's $78.4 billion with an unemployment of 6.8% and a 10 year (2000-10) population increase of 20.4%.  With Samsung, Whole Foods, Dell, to University of Texas, and a population of eclectic Austonians this art fueled city is still painting a picture perfect place to live.   

      Madison, Wisconsin holds a reported Gross domestic product (GDP) of 2009's $31.2 billion to today's $34.8 billion with an unemployment of 5.7% and a 10 year (2000-10) population increase of 11.6%.  With a huge medical and bio-tech backing with a growing place for businesses and top it with some government jobs and a large university this city holds as well as their cheese and steaks.  Sorry I miss their food...

      Boulder, Colorado holds a reported Gross domestic product (GDP) of 2009's $16.2 billion to today's $17.6 billion with an unemployment of 6.9% and a 10 year (2000-10) population increase of 5.8%.  This artistic hippie/yuppie community is fueled by the University of Colorado and home to Crocs, Celestial Seasoning Tea, IBM, Lockheed Martin, and well a whole bunch of Science based institutions and companies.  Recession is only a word to a community of hippies and yuppies.

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainmaker
1,089,246
Alan Kirkpatrick
Austin Texas Homes - Round Rock, TX
Alan in Austin

John

Great post. Austin is a great place to live. Come on down for a visit and I will buy  you lunch. Have a great week.

May 15, 2011 01:15 AM #1
Rainer
86,468
Alison Shuman
Appraisal IQ LLC | (512) 585-4758 - Austin, TX

Yay! Austin Texas! Come visit and I'll by you lunch, too!

May 15, 2011 01:38 AM #2
Rainmaker
1,403,964
Ronald DiLalla
Century 21 Discovery DRE 01813824 - Anaheim, CA
No. Orange Cty Real Estate

Hi John,,,,I'm hearing many great comments about Texas and the Austin area in particular.  Three of my close friend have moved there in the last 3 years and they just love it..I'll stick with Southrn Calfornia for a while longer.

May 15, 2011 02:20 AM #3
Ambassador
1,299,975
Michelle Carr-Crowe-Selling Silicon Valley Homes in Top Schools San Jose, Cupertino, Saratoga, Palo Alto-Just Call 408-252-8900
Just Call (408) 252-8900! - San Jose, CA
Family Helping Families Buy & Sell Homes 40+ Years

I'm always glad to hear about good news like this.

May 15, 2011 03:19 AM #4
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
183,401

John Kim

Ask me a question
*
*
*
*
Spam prevention

Additional Information