Travelers: Where in the USA is the economy booming again?
Apr 17th, 2002, 09:03 PM
#42
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Try San Diego. Because of the High Tech, Bio-Tech, tourism and the Navy-unemployment is lower then the nation. The malls are always full and so are the good restaurants which practically always require reservations. You can also tell by the cars that are driven on the freeway. I see more BMWs and Porches here than in Germany.
Apr 18th, 2002, 04:27 PM
#44
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Please dont come to the San Francisco Bay area, because we experienced the most economic growth during the boom-we are faring the worst now during the slump. Silicon Valley is beginning to gain momentum again but SOMA( A warehouse office-loft district in San Francisco) has an office vacancy rate of 49%-staggering. Hotel occupancy rates are dismal and new construction all along the peninsula have halted due to potential dot com tenants that went belly up.
Bay area companies lost $2 Trillion in market value in the last year and a half and unemployment rates in SF and San Jose are hovering at 7%( Oakland actually has a lower unemployment rate than San Francisco)
To add fuel to the flames-we still have the most expensive housing market in the nation-$477,000 for an average home and still, Foreign Tech Workers and New College grads stream into town as if the boom were still in full swing.
Our population now stands at 7.2 Million and according to estimates, we will surpass Chicago in the next 10-15 years to become the nations 3rd largest metro-
Bay area companies lost $2 Trillion in market value in the last year and a half and unemployment rates in SF and San Jose are hovering at 7%( Oakland actually has a lower unemployment rate than San Francisco)
To add fuel to the flames-we still have the most expensive housing market in the nation-$477,000 for an average home and still, Foreign Tech Workers and New College grads stream into town as if the boom were still in full swing.
Our population now stands at 7.2 Million and according to estimates, we will surpass Chicago in the next 10-15 years to become the nations 3rd largest metro-
Apr 18th, 2002, 04:50 PM
#45
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B2B: No one in SF was complaining when their houses were tripling in value overnight. Or when the dotcommers were living the life of luxury.
What's the big surprise that the economy would tank when people finally realized that companies without profits are completely worthless. Why were people happy to give 22 year olds full reign of companies? They spent outrageous company funds on real estate (rents 3 to 4 times what they were in the mid 90's).
What's the big surprise that the economy would tank when people finally realized that companies without profits are completely worthless. Why were people happy to give 22 year olds full reign of companies? They spent outrageous company funds on real estate (rents 3 to 4 times what they were in the mid 90's).
Apr 3rd, 2011, 08:34 AM
#47
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Monthly Review of Texas Economy
March 2011 by Ali Anari and Mark G. Dotzour
Texas' economy continued to outperform the U.S. economy, gaining 230,000 jobs from February 2010 to February 2011, an annual growth rate of 2.3 percent. Over the same period, U.S. nonfarm employment rose one percent and Figure 1). The state's private sector also exceeded U.S. figures, posting an annual employment growth rate of 2.5 percent compared with 1.5 percent for the U.S. private sector from February 2010 to February 2011.
March 2011 by Ali Anari and Mark G. Dotzour
Texas' economy continued to outperform the U.S. economy, gaining 230,000 jobs from February 2010 to February 2011, an annual growth rate of 2.3 percent. Over the same period, U.S. nonfarm employment rose one percent and Figure 1). The state's private sector also exceeded U.S. figures, posting an annual employment growth rate of 2.5 percent compared with 1.5 percent for the U.S. private sector from February 2010 to February 2011.
Apr 3rd, 2011, 10:14 AM
#50
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I don;t think the economy is booming anywhere. There are jobs to be had in NYC - if you have skills. We have trouble getting/keeping people with excellent skills. But - although salaries are high - so are prices.
Without knowing your profession/career it;s hard to know where there's a good job market.
Without knowing your profession/career it;s hard to know where there's a good job market.
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