Texas among top 5 early recession risers

End of the recession near, jobs on the rebound If you’re on the lookout for an economic rebound, Texas is the place to be according to an economic forecast by Moody's Economy.com (Which states will be early risers?, by Bill Dedman, MSNBC.com, June 2, 2009). Texas was among the last to enter the recession in February 2009, meaning Texans have "less of a hole to dig themselves out of," said Moody’s Economist Andrew Gledhill. The report predicts Texas employment to rebound in the fourth quarter of 2009, while other states are slated for recovery well into 2010. Among other factors, the report cited the state's insulation from the national housing slowdown as a key factor in its economic strength.