Salt Lake City Recession Proof !!!

Forbes says Salt Lake is practically recession-proof
The nation may be facing a number of economic challenges, but in cities like Salt Lake things are just fine, says a new article from Forbes magazine. Salt Lake City came in at No. 6 on Forbes’s “10 Recession-Proof Cities” list because the city has one of the lowest unemployment rates in the country (even though the rate has seen a rise) and the state is still creating jobs. Forbes also factored in a report from the U.S. Conference of Mayors that projected that “Salt Lake City would be one of the few large cities in the country not to suffer a decline in gross metropolitan product from the mortgage crisis.”To calculate the cities with the healthiest economies, Forbes analyzed key measures in the country’s 50 largest metros: unemployment and job growth from the Bureau of Labor Statistics for the year ending February 2008, the most recent home price data from the National Association of REALTORS®, and information on gross metropolitan product growth from the U.S. Conference of Mayors.