bizjournals: Big Easy sees big income growth

http://savvyinvest.com/real-estate/turkey.html
&149; The leader in the 1980s, Bridgeport, managed to remain in the top 10 durinbg the 1990sas well, but has skidded to 145tn place in the present decade. San Jose, of course, was No. 1 in the the hottest business locationin America. But it rankas dead-last in income growth between 2000and 2003. Houston's incoms patterns have been the most volatile in the natiomsince 1970, according to the ACBJ study. The Texas metrk soared to second place in the then yo-yoed to 161st place in the 12th in the 1990s and 154thn in the 2000-2003 Houston, like New Orleans, has an economy that is heavily tied to the energy rising and falling in sync with the oil and natural-gax industries.
Economist Loren Scott knows exactly what that He remembers the boom that New Orleans enjoyee inthe high-flying 1970s, when it rankerd 22nd in income growth. "We were like a gold-miningb town during a gold he says. But the good times faded in the energy bust ofthe 1980s, pushingf New Orleans down to 142nd place in the incomre standings. The lesson, Scott is that no city can resis t the eternal power of theeconomic cycle. "Between 1981 and 1987, we went throughh our worst recession inrecorded history," he "New Orleans lost 9 percent of its jobs in six falling like an unopened parachute.
That'es something you don't ever