According to a new article at BusinessWeek.com, New Mexico’s Albuquerque is among 40 metropolitan areas that have been least touched by the recession. This welcome news comes courtesy of data and analysis from the Brooking’s Institution’s MetroMonitor, which measures the nation’s economic health on a quarterly basis and ranks the top 100 metros based on job growth, unemployment, gross metropolitan product, and home prices.
One of the common denominators of the strongest economies? Home prices that never got too high nor dropped too low.