Texas Expected to Lead Recovery
from the Buffalo Business Journal
September 18, 2009
Two Texas markets will be the first to recover from the recession, says a nationwide forecast by IHS Global Insight. Austin and San Antonio will bounce back to their pre-recession job levels sometime next year, according to the economic forecasting firm, which is based in Lexington, Mass.
Eight other metropolitan areas are predicted to recover by 2011, a group that includes Texas’ two largest markets, Dallas-Fort Worth and Houston, along with Washington, D.C.
IHS Global Insight says that most metros will start adding employment next year, but the increases are likely to be tepid. “Solid gains will not return for the majority of the country until 2011,” it says.
2010
* Austin
* San Antonio
2011
* Dallas-Fort Worth
* Houston
Original Source
