Real Proof! The Economic Recovery IS Happening In Grand Rapids!
Mart Twain said it best: There are lies, damned lies and statistics. THESE statistics are not lies, however, and paint a slightly rosier picture of the economic state we in Grand Rapids are in.
According to the Brookings Institute “Metro Monitor – December 2012″ report, Grand Rapids has the 8th best economic recovery since the “Great Recession of 2008″ Way to go GR! Here;s some of the findings from the report “In summary: Overall performance”
“The overall pace of economic recovery was strong in a handful of areas including Texas, where the recession was less severe and oil and gas have boomed; in western Florida and parts of California and the Intermountain West where the housing and labor markets are rebounding; in some Midwestern manufacturing centers like Detroit, Grand Rapids, and Toledo; and in the Pacific Northwest. By contrast, the recovery has proceeded more slowly in the Northeast where many metro areas had relatively minor recessions when compared with faster-recovering markets. As a result, they are closer to pre-recession levels of jobs, output, and home prices than many harder hit places.”
This is one of the GOOD top 10 lists Grand Rapids makes! Still one of the best places to live in the country!