Alexandria is a good place to weather a recession — potentially good news on a day in which the Dow plummeted more 2,000 points at one point.
The city ranked No. 23 on a new list of the 25 “Most Recession-Resistant Cities” in 2020, according to the website SmartAsset. Nearby Arlington ranked No. 15 on the list.
Alexandria and others on the list — Frisco, Texas was No. 1 — were ranked on the basis of employment, housing and social assistance available to residents.
“The Great Recession wreaked havoc on the U.S. economy, with unemployment peaking at 10.1% in October 2009,” a SmartAsset spokesperson said, in introducing the rankings. “Not all cities, however, were hit equally by this economic crisis and some are better equipped to weather the next downturn.”
Federal employment and growth spurred by Amazon’s HQ2 should help cushion blows from a new recession in Alexandria, though the last major downturn — the Great Recession of the late aughts — did have negative impacts on small local businesses and nonprofits.
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From Feb 2nd – March 29th, shop contemporary ready-to-wear pieces, view unique textile selections, and schedule a fitting for custom-made dresses, bridal and qipao.
Handcrafted in D.C., A.Oei Studio aims to offer an alternative vision of fashion – one that is centered around sustainability, artistry and personalized services.
Hi, my name is Moneim Z., and I am a blind male with chronic kidney disease, who needs a living kidney donor for a transplant. My blood type is B+, and I can accept a kidney from individuals who have blood types B and O.
To read my story, please see the attached letter.
To contact me directly, please email me at [email protected] or call at 571-428-5065. My living donor coordinator at INOVA Hospital, Amileen Cruz can be reached at (703) 776-8370 , or via email at [email protected]
Thank you!
