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The Valley still going strong despite economy crisis

September 29, 2008 @ 10:03 pm Posted by: Interactive Dept

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Even amid a serious housing crisis the city of McAllen and the surrounding communities have continued to weather the storm.
According to the numbers provided by the McAllen Chamber of Commerce, the region is going strong with stable job growth, high-tech industry expansion, and low foreclosure rates, all while maintaining a comfortable, low cost living.
Plus, McAllen ranked 7th overall in the lowest cost of living among 318 areas studies throughout the nation with McAllen being one of the least expensive places for groceries, ranking 2nd lowest.
The ongoing positive economic developments in McAllen and the surrounding areas are attributed to specifically high-tech sector growth, low cost living, and the low rates of foreclosure.

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