Salt Lake Recession Proof City?

[jumar]

http://www.forbes.com/2008/04/29/cit...rss_popstories

America's Recession-Proof Cities

Nationally, home prices are falling, unemployment is on the rise and the economy is expected to grow slowly--or even contract--in the first half of the year.

But some cities are doing just fine.

Take Oklahoma City, Okla. With falling unemployment, one of the country's strongest housing markets, and solid growth in agriculture, energy and manufacturing, it looks best positioned among the nation's largest metropolitan areas to ride out the current crisis.
In Pictures: 10 Recession-Proof Cities

San Antonio is right behind. It also features solid employment figures and affordable home prices that continue to rise. Its industries are growing; it can't hurt that the new AT&T (nyse: T - news - people ) was formed when San Antonio-based SBC Communications swallowed the old AT&T Corp. and BellSouth.

The others holding steady or improving include Austin, Texas; Houston; Charlotte, N.C.; Dallas; San Jose, Calif.; Raleigh, N.C.; Salt Lake City; and Seattle.

http://www.forbes.com/2008/04/29/cit...hisSpeed=20000

[shlingdawg]

http://www.forbes.com/2008/04/29/cities-recession-places-forbeslife-cx_jz_0429realestate.html?feed=rss_popstories

Salt Lake City; and Seattle.

http://www.forbes.com/2008/04/29/cit...hisSpeed=20000

Sweet.

[jumar]

What's Texas doing right that they have 4 of these 10 spots?

[LOAH]

What's Texas doing right that they have 4 of these 10 spots?

Easy! Highly trained cheerleaders.

[Rev. Coyote]

The mere mention of the word "unsinkable" only makes the ocean hungry.

[millsclimber]

What's Texas doing right that they have 4 of these 10 spots?

I read a similar article that says Texas isn't necessarily doing anything right. They are just the center of energy production and - as we all know - things ain't lookin bad right now in the energy arena. Demand is steady, supply is down and prices are (or at least were a few weeks ago) at all-times highs. Not a bad position to be in.