Of the 40 fastest growing economies in the world, the US made a pretty poor showing, according to data complied by CreditSesame.com. Texas was home to the only two American metro areas to make the cut – Houston and Dallas.
Now we see why Californians are fleeing to the Lone Star state in droves.
Houston and Dallas both have held strong despite the recession, with consumers seeing their income grow in 2011 by rates 5.5 and 3.3 per cent, respectively. Employment was on the rise as well, with increases of at least 2.4 per cent in both.
See how the rest of the world fared in the infographic below: