Oklahoma City - one of the MOST recession resilient cities ...
The Brookings Institute just released a report which is tracking the economic recovery of America's 100 largest metro areas. And I am proud to say that Oklahoma is #4 on the list! All of us are ready to hear some positive statements about our economy. The ranking considered the changes in economic indicators: employment, unemployment, gross metropolitan product ( like a city's GDP) and of course housing prices.
- Percent change in employment, from peak to the first quarter of 2010: -3
- Percent change in unemployment rate, March 2007 to March 2010: 1.8%
- Percent change in real Gross Metropolitan Product (GMP), peak to 2010Q1: 0.8%
- Percent change in real Housing Price Index (HPI), first quarter 2007 to 2010: -3.6%
- Oklahoma City had the study's lowest change of unemployment rate, which currently sits at 6.1%.
READ the full Brookings Institute report here, and check out the 11 MOST resilient cities here.
Photo courtesy of http://www.flickr.com/photos/amorpheus/
| Oklahoma City - one of the MOST recession resilient cities ... The Brookings Institute just released a report which is tracking the economic recovery of America's 100 largest metro areas. And I am proud to say that Oklahoma is #4 on the list! All of us are ready to hear some positive statements about our economy. The ranking considered the changes in economic indicators: employment, unemployment, gross metropolitan product ( like a city's GDP) and of course housing prices.
READ the full Brookings Institute report here, and check out the 11 MOST resilient cities here. Photo courtesy of http://www.flickr.com/photos/amorpheus/ |
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With smiles,
Bo in Yukon
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Bo Kociuba, Realtor®
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