- Coronavirus is causing stocks to tumble, sparking fears of a US recession .
- A recent SmartAsset report looked at the most recession-resistant cities in the US.
- Texas seems well equipped to handle a recession 8 cities made the top 25, more than any other state.
- Visit Business Insider's homepage for more stories .
LUCAS JACKSON/Reuters
Coronavirus has prompted new fears of a recession in the US.
The Dow plunged as much as 8% on Monday it's biggest intraday drop since 2010. But how well you'll be able to handle a downturn partly depends on where you live.
A recent SmartAsset report determined the most recession-resistant cities in the US by looking at government data for 264 of the largest cities in the country across 3 categories: employment, housing , and social assistance. It ranked each city across 3 different metrics in each of these categories for a total of 9 metrics, then averaged the metric rankings of each category, giving each an equal weighting.
It then determined the final ranking by averaging each city's score in the 3 categories. Those with the highest ranking (close to 100) are most recession-resistant, while those with the lowest average ranking (close to 0) are the least.
Turns out, Texas is pretty recession-proof 5 cities in the state made the top 10, including the top spot, and 3 more made the top 25.
Here are the top 25 most recession-proof cities in the US, according to the SmartAsset report.
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