So, for all those worried about us being too dependant on oil and gas, following is at least one evaluation of diversity of economies. This is from Hub Wallet. Now I am sure that some will try to discredit Wallet Hub because the results don't fit their opinion of the situation, but they state their criteria.
Following is top 25 big cities. For the full article:
https://wallethub.com/edu/cities-wit...onomies/10852/
“Don’t put all your eggs in one basket,” say the wisest investing experts. But that wisdom applies to the economy, too. During the Great Recession, local economies that diversified, tapping into new ideas and innovations, proved to be more resilient than the cities that stuck to their old tricks.
Some researchers have found that greater professional and industrial variety increases a city’s productivity, a pattern in growing and large urban areas in the U.S. and around the globe.
In other words, diversification helps an economy the way it protects an investor’s portfolio: Over time, job gains in some sectors will offset the losses in others. And that was exactly the outcome at the end of the financial crisis, when the number of professions in health care and social assistance multiplied while construction and manufacturing occupation rates declined.
In order to determine the most diversified local economies — and therefore the least susceptible to the changes in the market — WalletHub compared the 501 largest cities across three key metrics: industry diversity, occupational diversity and worker-class diversity."
Ranking by City
1 Sacramento, CA
2 Fresno, CA
3 Bakersfield, CA
4 El Paso, TX
5 Corpus Christi, TX
6 Virginia Beach, VA
7 Oklahoma City, OK
8 Los Angeles, CA
9 Long Beach, CA
10 Honolulu, HI
11 Miami, FL
12 Tucson, AZ
13 Fort Worth, TX
14 Oakland, CA
15 Houston, TX
16 Aurora, CO
17 Memphis, TN
18 Arlington, TX
19 San Antonio, TX
20 Phoenix, AZ
21 Colorado Springs, CO
22 Albuquerque, NM
23 Mesa, AZ
24 Austin, TX
25 Anaheim, CA
Bookmarks