It never hurts to get yet another reminder that we live in a region known for its strong economy.
Durham and Raleigh both make a new list of "20 Cities Surviving the Recession," compiled by MainStreet and Yahoo Finance. The list points to metropolitan areas "where the recession is ending -- and you might be able to find a job."
Durham gets a nod for its pharmaceutical, higher education and research industries and stabilizing home prices. Raleigh's base of strong business and higher education communities gives the city "a strong foundation for recovery moving forward."
The Triangle routinely makes such "best of" lists, especially for business and careers, so it's easy to become jaded. But those types of lists help to attract more jobseekers and businesses to this region, which, in turn, bolsters the local economy.
Others on the latest list include Washington, D.C.; Austin, Texas; Huntsville, Ala.; Boston; San Francisco; and Salt Lake City. Raleigh and Durham are the only North Carolina cities on the list.
Read the full list online here.
Assistant Business Editor Alan M. Wolf joined the N&O in 1999 covering the business of health care. He became an editor in 2001, and helps oversee the paper's daily business coverage and Sunday Work&Money section. He lives in Clayton with his wife and two children. Reach him at 919-829-4572 or
Comments
Elite
Thu, 05/13/2010 - 01:40 — FlowerpowerThis is rather an elite area. You have only to go to a place like Charleston, SC, (number 8 in the top ten crime cities) to appreciate the Triangle. We have our miscreants, but the vast lobe of the Triangle's brain is the one of education, inquisition, and achievement.
@Deacon55: Preach on!
Wed, 05/12/2010 - 16:32 — TheLibertine@Deacon55: Preach on!
Recession survivors
Wed, 05/12/2010 - 15:10 — Deacon55It is interesting to claim that Raleigh and Durham are considered to be recession survivors. It doesn't take rocket science to figure out that the driving forces in the Triangle are higher education, health care, and state government, all of which are bleeding us dry. Despite economic woes to millions, higher education costs have continued to escalate, and health care is immune to economic forces. As for state government, all of us know how that works.