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
Search Homes in Yukon, Mustang and Greater OKC Metro
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Serving Oklahoma City Metro - Yukon, Mustang, Tuttle, Piedmont, Newcastle, Bethany, Oklahoma City and Edmond
Let's get connected:
Bo, nice post. My brother lives in Oklahoma City and loves it there. Except for the hail that destroyed his car a few weeks ago.
Bryan - thanks...LOL about your brother...where there is sunshine it has to be a little rain! I am glad that he loves OKC it is a great city!
With smiles,
Bo in Yukon
Cool!!! There are a few pockets in the Nation that have not been real adversely affected by this recession. Good to see your town is one of them....
Michael - thank you! OK is affected by the recession but most of it is because of media's 'scare tactics' and all of its negativity..how is Tennessee recovering after all of these horrendous floods?
With smiles,
Bo in Yukon
Beautiful spot Bo as that picture shows and what great stats. Great to hear some good news! ;)
A & P - OKC Bricktown is very pictoresque...it helps if one has a good eye and a great camera...Hope you can visit one of these days..
With smiles,
Bo in Yukon
Bo, CoreLogic published the states with the least underwater mortgages and the most. Oklahoma was the lowest in the country at 5.9% which contrasted with nevada at the highest at 69.9%
Joe, thanks for letting me know, we live in the incredible state, indeed!
With smiles,
Bo in Yukon