In June 2018, Keith Wright argued in Austin Business Journal that our city was well positioned to endure the next, inevitable recession. During those idyllic pre-COVID-19 days, the Villanova University accounting and information systems instructor recited the city's attributes including its high quality of life, skilled workforce, local universities that produce qualified job candidate, and a lower cost of living when compared with Silicon Valley. Austin economist Angelos Angelou, head of AngelouEconomics, said the Texas capital is as vulnerable to a serious economic downturn as anywhere else, but will be one of the first to emerge from any recession.
Full Article here: Coronavirus causes dire economic predictions but there's reason to be optimistic about Austin
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