October 2009

New Prediction for 2012: Nashville Recovery

While everyone from astrologists to historians to cryptozoologist argue whether or not the world will end in 2012, economists have a different forecast ahead: the complete recovery of the Nashville economy.

Not only is Nashville expected to return to its former job levels before the recession hit; Atlanta, New Orleans, Boston, Memphis, New York, Philadelphia and a dozen other cities are expected to return to “normal” as well. Several other cities, including Houston and Fort Worth, are predicted to make their comeback even earlier, by 2011.

Given that the previous unemployment levels up to 2006 were under 6% across the state, it will be a much welcomed return from the current levels of 10.8%.