McAllen Ranks 12th Among 40 Strongest U.S. Metro Economies

Posted Mon Oct 26, 2009 | Business Week | Latest News Rss Feed | Bookmark & Share
McAllen Ranks 12th Among 40 Strongest U.S. Metro Economies

Courtesy of:  Business Week

"The fastest-growing and affordable McAllen area is about 10 miles from the Mexican border.  Employment in the McAllen metro peaked in the third quarter of last year.  Gross metropolitan product peaked in the second quarter.  Home prices grew 0.6 percent in the second quarter compared with the same period a year earlier.  And the unemployment rate in June was 11%, up 3.4 points from a year earlier."

Read more at Business Week