Huntsville Best Place To Ride Out Recession
huntsville
Huntsville has topped a ‘Best” list once again! Forbes has placed our fair city on the top of its ‘Best Cities For Recession Recovery’. Factors used in when choosing these cities are a diverse economy, heavy growth from educaiton and health care. These cities did not experience the massive real estate bubble similar to California, florida and Nevada.
Huntsville Info:
Current GDP: $16.1 billion
End of 2010: $17.2 billion (projected)
Unemployment: 6.1%
In a recession characterized by battered housing, banking and manufacturing markets, having an economy with a heavy focus on technology helps. Huntsville is home to one of the country’s largest research parks and a major NASA center (not to mention Space Camp).
Once again, I’m proud to live in Huntsville!!
