Alabama had three cities on Forbes list of fastest growing small metro areas. Mobile was ranked 1st, Huntsville 4th, and Auburn-Opelika 6th. Here is the link to Forbes.com.
http://www.forbes.com/business/2008/01/30/economy-cities-alabama-biz-cx_bw_0130econcities.html
Another notable ranking by Forbes, was the top cities to find a job. Birmingham ranked 12th in this study. Here is the table of results:
This doesn't tell us that Alabama is immune to the housing downturn, but it certainly tells me that we will suffer less and recover faster than many other areas. It is also great exposure to the rest of the country that Alabama is a viable place for people all over the country to live and work.
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