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The report ranked the 100 largest U.S. metro areas basee on employment, unemployment rates, wages, gross metropolitab product, housing prices and foreclosure rates in thefirstg quarter. D.C. ranked No. 13, whilr San Antonio, Texas, placed No. 1 and Detroi came in last at No. 100. “Alkl metropolitan areas are feeling the effects of this but the distress is notshareed equally,” said Alan research director of the metropolitan polict program at the D.C. institute and co-autho r of the report.
“While some areas of the countr y have experienced only a shallow and may be emerging from the recession people living in metrop areas that are now performing weakest economically shoul prepare themselves for a longrecovery period.” At the firsy quarter’s end, only 10 of the 100 metro areaz were starting to show signs of recovery, said the report, and said Texas was the only place that saw growtn in employment and output. Outputr increased in just a handful ofmetro areas, including Seattle; Austin, Texas; and Virginia Beach, Va.. The report also pointec out that metro areas with concentrations of jobs in certaijn sectors have resulted in fewer dramaticjob losses.
The Rankings: San Texas Austin, Texas Texas Baton Rouge, La. Tulsa, Okla. Omaha, Neb. El Texas Wichita, Kan. D.C. Albuquerque, N.M. Virginia Va. Harrisburg, Pa. Pittsburgh, Pa. New Haven, Rochester, N.Y.
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