Area Development Online has announced its "recession-busting" MSAs; cities and regions that have had success in "rebooting their economies and creating good-paying jobs," according to the website. In the "big cities" category (of population more than one million), Oklahoma City led the charge, followed by the Austin, TX MSA.
In ranking Oklahoma City first, Area Development Online pointed out that the area was named the least-costly city to do business among 13 mid-sized cities, according to KPMG. The region is also boasts an energy economy, which has assisted with job creation.
Meanwhile, in Austin, the economic driver is technology – the MSA is home to well-known companies including Dell, IBM, Apple and Samsung. Apple, in fact, is expanding its facilities, which should create up to 3,600 new jobs.
Read more...OKC, Austin Top "Recession-Busting" Regions List - Daily News Article - GlobeSt.com