Forbes: Austin Economy Good

Courtesy AustinTowers Downtown Condo Blog  Thu, 03/18/2010 - 9:57pm

According to Forbes.com, the Austin-Round Rock area tied for first on a list of large metropolitan areas where the recession is easing.

The report listed Austin and Washington D.C. as the two top cities in terms of economic recovery.

The report considered a number of factors including local economic output, job growth and real estate industry trends.

While the national unemployment rate hovers at 9.7%, the comparable rate in Austin is 7.6% (up from 7% a month ago)....



 

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