Following is an excerpt from “America's Recession-Proof Cities” posted on Forbes.com on April 29, 2008 by Joshua Zumbrun
“Did someone say something about a recession? With falling unemployment, one of the strongest housing markets in the country, and strong growth in agriculture, energy and manufacturing, Oklahoma City might not have received the recession memo, and it looks best positioned of the nation's metropolitan areas to ride out the current crisis. Booming valuations of Oklahoma City's largest companies, like Devon Energy and Chesapeake Energy, suggest the energy sector is the right place to be.”
“Median home price: +8.2%
Unemployment: 3.5% (from 4.7% in February 2007)
Key growth: Leisure and hospitality, +6%; construction +11.5% from 2007”
Read More about the other "recession-proof" cities in the US. http://www.forbes.com/realestate/2008/04/29/cities-recession-places-forbeslife-cx_jz_0429realestate.html
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