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By Dedra Lipscomb | Agent in Daphne, AL
  • Mobile, Alabama Ranked in Forbes Top Ten Cities Best Poised for Recession Recovery (edit/delete)

    Posted Under: General Area in Mobile County  |  June 14, 2009 11:50 AM  |  2,187 views  |  No comments

         There have been several rankings and reports that include this Gulf Coast region as poised to either weather this recession with relative comfort and this most recent one ranks the Mobile, Alabama area in the top ten cities best poised for recession recovery.  You can see the small blurb where they show the top ten in pictures here.  Others included are Fayetteville, Arkansas, Huntsville, Alabama, Dallas-Fort Worth, and Austin Texas.

         The full article accompany the pictures can be read here.   In summary, cities that are included are those that do not rely solely on manufacturing for its economy.  Rather, there is a healthy mix of manufacturing, health care jobs and technology, along with affordable housing, housing that did not rise astronomically during the housing bubble that was unprecedented. 

         Sadly, they predict that those states where the housing bubble did rise to unhealthy and unprecedented  prices, will take longer to recover.  Even more heartbreaking, is the reporting that some cities may never recover to their former glory. 

         While this is great news for the Mobile Bay area, I truly hope that some of the hardest affected cities will reinvent themselves and become even better places to live, work and grow.   I remember when the steel industry caused Birmingham, Alabama to take a look at itself, and reinvent itself.  From those old steel mills and furnaces, grew a wonderful cultural center, which draws artists, musicians and tourists fromthe world over.  Perhaps it is time for some more reinvention.

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