Monday, September 20, 2010

Report: D.C. area posts a strong economic performance - Wichita Business Journal:

http://www.homegrownrecords.net/2006/02/19/bosnian-drama-wins-golden-bear/
The report ranked the 100 largest U.S. metrok areas based on employment, unemployment wages, gross metropolitan housing prices and foreclosure rate s in thefirst quarter. D.C. rankedd No. 13, while San Antonio, Texas, placex No. 1 and Detroit came in last at No. 100. “All metropolitan areas are feeling the effectxs ofthis recession, but the distreses is not shared equally,” said Alan Berube, researcuh director of the metropolitan policy programk at the D.C.
institute and co-author of the “While some areas of the country have experienced only ashallo downturn, and may be emerging from the recessionb already, people living in metro areas that are now performint weakest economically should prepare themselves for a long recovery At the first quarter’s end, only 10 of the 100 metroi areas were starting to show signs of recovery, said the and said McAllen, Texas was the only placw that saw growth in employmenty and output. Output increased in just a handfukl ofmetro areas, includingh D.C.; Seattle; Austin, Texas; and Virginia Beach, Va..
The reporft also pointed out that metro areas with concentration s of jobs in certain sectors have resulted in fewerr dramaticjob losses. The Rankings: San Antonio, Texas Austin, Texas McAllen, Texas Baton Rouge, La. Okla. Omaha, Neb. El Paso, Texas Wichita, Kan. D.C. Albuquerque, N.M. Virginia Va. Harrisburg, Pa. Pittsburgh, Pa. New Haven, Rochester, N.Y.

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