Dow Jones up over last six months

[dbacks fan]

The city .... it's screwed.

Actually it's not. Home prices are starting to actually go up, the job market is starting to stabilize. Yes the next hit will be commercial realestate properties, because like the housing market, it got way overbuilt, but we're not screwed.

So tell me your thouyghts on how Phoenix will never recover.

[FOTD]

Actually it's not. Home prices are starting to actually go up, the job market is starting to stabilize. Yes the next hit will be commercial realestate properties, because like the housing market, it got way overbuilt, but we're not screwed.

So tell me your thouyghts on how Phoenix will never recover.

Service industry is all they have....too many houses....fewer retirees able to move....just know what the bankers tell me. You're screwed. sorry...

[dbacks fan]

Service industry is all they have....too many houses....fewer retirees able to move....just know what the bankers tell me. You're screwed. sorry...

So you must think that we're all hotel and restaurant workers. Let's see, Motorola, Honeywell, US Airways, Intell, Apollo Group, Dial Corp, American Express, the division of BF Goodrich that makes the emergency slides for aircraft and the division that makes ejection seats for military aircraft, CVS Caremark the largest prescription benefits management company, Phelps Dodge, Best Western Hotels, Tri West America the insurance benefits for the US Military, Cox Communications, Qwest Communications, Go Daddy, Boeing, USAA, Taser International, Discount Tire, and several other large corps have headquarters here.

http://en.wikipedia.org/wiki/List_of_corporations_in_Phoenix

[Conan71]

So you must think that we're all hotel and restaurant workers. Let's see, Motorola, Honeywell, US Airways, Intell, Apollo Group, Dial Corp, American Express, the division of BF Goodrich that makes the emergency slides for aircraft and the division that makes ejection seats for military aircraft, CVS Caremark the largest prescription benefits management company, Phelps Dodge, Best Western Hotels, Tri West America the insurance benefits for the US Military, Cox Communications, Qwest Communications, Go Daddy, Boeing, USAA, Taser International, Discount Tire, and several other large corps have headquarters here.

http://en.wikipedia.org/wiki/List_of_corporations_in_Phoenix

Dback, none of that is relevant.  FOTD has spoken, you are doomed, doomed I tell you!!!!

[swake]

So you must think that we're all hotel and restaurant workers. Let's see, Motorola, Honeywell, US Airways, Intell, Apollo Group, Dial Corp, American Express, the division of BF Goodrich that makes the emergency slides for aircraft and the division that makes ejection seats for military aircraft, CVS Caremark the largest prescription benefits management company, Phelps Dodge, Best Western Hotels, Tri West America the insurance benefits for the US Military, Cox Communications, Qwest Communications, Go Daddy, Boeing, USAA, Taser International, Discount Tire, and several other large corps have headquarters here.

http://en.wikipedia.org/wiki/List_of_corporations_in_Phoenix

I don't mean to back up FOTD too much, but what you are posting is just plain wrong. Most of these companies aren't based in Arizona, they may have offices there, but not headquarters.

Off the top of my head Motorola and Boeing are based in Chicago, Intel is in the Bay Area, American Express is in New York, USAA is based in San Antonio, Cox is based in Atlanta and Qwest is in Denver.

[dbacks fan]

I don't mean to back up FOTD too much, but what you are posting is just plain wrong. Most of these companies aren't based in Arizona, they may have offices there, but not headquarters.

Off the top of my head Motorola and Boeing are based in Chicago, Intel is in the Bay Area, American Express is in New York, USAA is based in San Antonio, Cox is based in Atlanta and Qwest is in Denver.

Those companies do have a large presence here although they are not based here, sorry if I mis-stated. My point was that Phoenix is not a service industy based city, althougha portinof the population is in that area. Job losses have stabilized, and the current predictions are for a 3 to 5 year time line to get back to where Phoenix was before the bottom fell out.

[dbacks fan]

Dback, none of that is relevant.  FOTD has spoken, you are doomed, doomed I tell you!!!!

Doomed? Naah, I used to chase storms years ago in OK, I think I can handle FOTD.