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So my brother and I had lunch the other day
He thinks the economy is sh!t everywhere but a few places in the U.S.

I was shocked (really..?)

It's absolutely BOOMING in the cities I work in
San Francisco Bay Area / Los Angeles / Seattle / Portland

What say you..?

The great thing about being in the booze business...people buy booze when the goings are tough, and they buy more booze when the goings are tougherer

I can't even keep up with all the breweries, distilleries and Cider houses that have opened up in western Montana in the past 2 years. Pretty amazing!

I'm in oil country. Things aren't great.

Chizzang wrote:So my brother and I had lunch the other day
He thinks the economy is sh!t everywhere but a few places in the U.S.

I was shocked (really..?)

It's absolutely BOOMING in the cities I work in
San Francisco Bay Area / Los Angeles / Seattle / Portland

What say you..?

I'd say you're both correct. Cities, especially those propped up by gobs of government spending, are doing pretty well - for now.

There's always money in DC.

Charlotte is doing just fine.

Greenville barely felt the '08 recession and has had construction cranes up downtown ever since. For a relatively small town, we have 3-4 cranes up now with some large projects going on. It's a pretty good job market as well, and housing has gone nowhere but up.

Other than oil based and pure retail based
I'm inclined to believe that things are pretty good out there

Retail ain't coming back any time soon
and oil is in a huge global production glut

Montana is probably never going to be a rich state, but unemployment is at 4%, Missoula and Bozeman have burgeoning tech sectors, Helena has the gubmint and such, and the Flathead and other areas draw in a ton of property taxes from the richies and their third homes. The Orientals also decided to buy American beef again, so that should help. All thanks to 12 years of Democratic governorship.

Things are generally pretty good around here. The unemployment rate in our county is 2.5%. Statewide it is 3.1%. Worst county in the state is 5.1%, best is 1.5%. If you don't have a job it's because you don't want to work. Manufacturing is doing pretty well. Several factories in the area have mandatory 50 hours weeks right now to keep up with demand. The farm economy is tight. The big farmers are doing OK because they farm enough acres to make a small margin per acre. The small farmers are all tightening their belts. No matter what happens the government will bail the farmers out. Wages are really going up in some industries, other industries should be based on the unemployment rate and product demand but aren't.

A lot of people seem nervous though that things are going to take a turn for the worse. Maybe that's the perception your brother is getting?

ASUG8 wrote:Greenville barely felt the '08 recession and has had construction cranes up downtown ever since. For a relatively small town, we have 3-4 cranes up now with some large projects going on. It's a pretty good job market as well, and housing has gone nowhere but up.

Charlotte and its bedroom communities are in the same position. SInce i've been here, there have been 2 high rises completed, another 3 started and multiple developments begun all around town. A unemployment rate of 4.7% and a booming real estate market.

In Atlanta we are still feeling it. however, the housing business is booming. People are still moving into the city.

Delaware's three big industries 10 years ago were: banking, chemicals, automobiles

Fast forward to today: Delaware's gigantic MBNA is gone (as are several other banks that dotted the Wilmington skyline), GM and Chrysler plants are both gone, and floundering DuPont merged with Dow and shuttered many of its plants in the area

In the smaller towns downstate, Playtex and General Foods were huge employers in Dover and only a skeleton crew from Playtex remains. My dad was let go with 41 years at Playtex. The entire town of Seaford revolved around the DuPont nylon plant which closed. That town turned into a hellhole. Used to be a very competitive sports school and now they are just God-awful embarrassments.

Delaware took a heavy blow from 2008 and has not fully recovered. Thousands upon thousands of jobs gone for good.

Things are going pretty well in Utah across the board form what I can tell. Low unemployment, lost of tech coming in, lots of building.

My home's worth has gone up about $100,000 in a couple years, so I'm gonna say good. Bozeman is nuts

Good luck to anyone thinking about moving here. Even 1500 feet is now $350,000

Silenoz wrote:My home's worth has gone up about $100,000 in a couple years, so I'm gonna say good. Bozeman is nuts

Good luck to anyone thinking about moving here. Even 1500 feet is now $350,000

You're halfway to Washington DC area pricing. Congrats!

93henfan wrote:Delaware's three big industries 10 years ago were: banking, chemicals, automobiles

Fast forward to today: Delaware's gigantic MBNA is gone (as are several other banks that dotted the Wilmington skyline), GM and Chrysler plants are both gone, and floundering DuPont merged with Dow and shuttered many of its plants in the area

In the smaller towns downstate, Playtex and General Foods were huge employers in Dover and only a skeleton crew from Playtex remains. My dad was let go with 41 years at Playtex. The entire town of Seaford revolved around the DuPont nylon plant which closed. That town turned into a hellhole. Used to be a very competitive sports school and now they are just God-awful embarrassments.

Delaware took a heavy blow from 2008 and has not fully recovered. Thousands upon thousands of jobs gone for good.

Downstate's big "industry" now is retirement homes. They can't build them fast enough. We have 100 homes going in next to us.

Silenoz wrote:My home's worth has gone up about $100,000 in a couple years, so I'm gonna say good. Bozeman is nuts

Good luck to anyone thinking about moving here. Even 1500 feet is now $350,000

I was just pulling up some comps for a home in Arlington. New listing for $1,179,000...

93henfan wrote:

Silenoz wrote:My home's worth has gone up about $100,000 in a couple years, so I'm gonna say good. Bozeman is nuts

Good luck to anyone thinking about moving here. Even 1500 feet is now $350,000

You're halfway to Washington DC area pricing. Congrats!

Still less than half the median income, I would guess.

St. Louis





http://www.stltoday.com/business/so-lon ... 9b810.html

Grizalltheway wrote:

93henfan wrote:
You're halfway to Washington DC area pricing. Congrats!

Still less than half the median income, I would guess.

Since 89 posted an Arlington home:
https://patch.com/virginia/arlington-va ... -in-nation

What freaks me out is that I make more than the median household income in the country's wealthiest county, Loudoun VA, but I sure don't feel like it.

I heart child support!

Booming here in Northern Texas...companies moving in, housing construction remains high...in fact, the lack of certain trades is hindering some construction...

We got here just in time...

93henfan wrote:

Silenoz wrote:My home's worth has gone up about $100,000 in a couple years, so I'm gonna say good. Bozeman is nuts

Good luck to anyone thinking about moving here. Even 1500 feet is now $350,000

You're halfway to Washington DC area pricing. Congrats!

But I'm used to Canadian prices!

Silenoz wrote:

93henfan wrote:
You're halfway to Washington DC area pricing. Congrats!

But I'm used to Canadian prices!

I just got back from there. Exchange rate is pretty good right now. I took $200 cdn out of the ATM the first night and it charged my account around $150. With their somewhat inflated prices (at least in Quebec), it's pretty much a wash.