Surely, a city that depended so much on building should be poised for collapse. Certainly, Atlanta’s 10.1 percent unemployment rate reflects its eviscerated construction industry. Certainly, like many other places, Atlanta is in for a rough few years.
Yet there are three key reasons to think that Atlanta will weather this storm and continue to thrive...
Smart money never bets against the ability of a huge concentration of smart people to weather an economic storm. Don’t count Atlanta out.
This article and the attached comments are thought provoking if inconclusive.