Texas Tops Financially
Financial Times of London Ranks Lone Star State #1
Texas in good shape to weather the economic storm according to Financial Times of London Article.
Updated at 5:03 PM CST on Friday, Oct 24, 2008
The Financial Times of London recently released a study measuring the impact of the current financial downturn on the 50 U.S. states and the District of Columbia.
Not surprisingly, Texas came out on top thanks to high rankings in economic indicators.
The top factors include employment growth, state product growth rate, personal income growth rate and home foreclosure rate.
By all accounts, Texas is the state best-suited to weather the current financial turmoil.
To see the Times article, click here.