Oklahoma State Home Builders Association

An Affiliate of the National Home Builders Association

Oklahoma City fares well in economic recovery survey

 
Posted on September 25, 2015 by By Carol Hartzog Communications
Graphic by WalletHub.com
Graphic by WalletHub.com

Editor’s note: This blog post was excerpted from a story published in Sept. 18 editions of The Wall Street Journal.   Oklahoma City’ was ranked sixth nationally in this economic survey by the financial website WalletHub.

Copyright ©2015 Dow Jones & Company, Inc. All Rights Reserved.

Six years after the recession ended, some cities across the country are still struggling to bounce back. Nowhere has the fallout been more acute than in the American Southwest, according to new research from personal finance website WalletHub.com

In a study released this week, the company ranked the 150 largest U.S. cities based on which had made the most economic progress since the recession, which began in December 2007 and ended in June 2009. (Oklahoma City was ranked sixth overall).

Of the 15 cities that have recovered the least since the recession, nine are in the Southwest, including five in Arizona (Tucson, Glendale, Tempe, Mesa and Phoenix) and four in Nevada (North Las Vegas, Henderson, Reno and Las Vegas).

Researchers looked at 17 economic indicators, including the change in the poverty and violent-crime rates, home-price appreciation and wage growth, and ... Read the article

 
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