Austin Ranking as Top Recession-Resistant City in U.S.

Austin Ranking as Top Recession-Resistant City in U.S.

Ryan KellyBusiness Member
Real Estate Broker · Austin, TX · Member since 2018 · 1k+ posts · 1k+ votes

While the COVID-19 pandemic rages on, Austin is starting to show how recession-resistant it is versus other top metro areas. According to the U.S. Labor Department, the Austin metro area lost the fewest jobs during this recession compared to other metro areas, tying Salt Lake City. 

"The sectors in Austin that have added the most jobs since February were financial activities (up 11.1%), professional and business services (5.9%), transportation, warehousing and utilities (2.4%) and manufacturing (2.2%)." - Austin Business Journal

https://www.bizjournals.com/au...

Ryan Kelly Group - Keller Williams5112 Reviews
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  • Real Estate Broker · Portland, OR · Member since 2019 · 4k+ posts · 2k+ votes
    5y

    Thank you, I use these mentions to figure when a market is peaking out :)

    Just let enough Cali-types move there and you'll see what I mean.

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