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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Time flies when you’re having fun! The T.C. Williams High School Class of 1973 will hold its 50th reunion July 21-23, 2023 in Alexandria. All graduates and their adult nears and dears are welcome. Events include a Friday evening icebreaker, Saturday dinner dance, and a Sunday brunch. For more information: tcwilliams73.com, 770.789.3534.
Spring Fling at Rising Sol Yoga School
Join us for a day of FREE hot yoga. Experience our class styles and meet our teachers. Buy a bite at the Bake Sale to benefit The Carpenter’s Shelter, peruse some special vendors, take advantage of in-person only discounts on
