Here’s the final Daily Data Discussion post of the week – a look at the worst markets in our Multifamily Market Fundamentals Job Subscore rankings. 

Economic news has been sobering for some time in the Midwest, and today’s rankings continue to support that trend.  The manufacturing dependent local economies have a long way to go towards recover, but some inroads are being made.  It’s our humble opinion that the American auto industry as we’ve known it for decades may not survive this recession / downturn, particularly given the impact of developing manufacturing sectors in emerging global economies.  It will be interesting to see if the leaders of states in the Midwest can and will legislate incentives to revitalize their business sectors. 

Here are the markets in our database as of today with the lowest Multifamily Market Fundamentals Job Subscore rankings –

1.  Albany, GA   11
2.  Visalia, CA   13
3.  Detroit, MI   13
4.  Toledo, OH   13
5.  Dayton, OH   13

Database Average:  19.6
Database Median:  20 

Monday we’ll be back with a look at the markets around the country with the highest government sector employment in our database. 

Technorati Tags: