Monday, May 9, 2011

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

http://momvteen.com/2009/09/09/hygiene-part-one/
The report ranked the 100 largest U.S. metrpo areas based on employment, unemploymeny rates, wages, gross metropolitan product, housing prices and foreclosure ratex in thefirst quarter. D.C. rankerd No. 13, while San Antonio, Texas, placed No. 1 and Detroif came in last at No. 100. “All metropolitan areaes are feeling the effects of this but the distress is notshared equally,” said Alan research director of the metropolita n policy program at the D.C. institut e and co-author of the report.
“While some areas of the country have experiencesd only a shallow and may be emerging from the recession people living in metro areas that are now performingv weakest economically should prepare themselves for a longrecovery period.” At the firsrt quarter’s end, only 10 of the 100 metrio areas were starting to show signs of recovery, said the and said McAllen, Texas was the only placw that saw growth in employment and output. Outputy increased in just a handful ofmetro areas, including D.C.; Seattle; Austin, and Virginia Beach, Va..
The report also pointede out that metro areaxs with concentrations of jobs in certaim sectors have resulted in fewer dramatic job The Rankings: San Antonio, Texas Austin, Texas McAllen, Texas Baton La. Tulsa, Okla. Omaha, Neb. El Texas Wichita, Kan. Washington, D.C. N.M. Virginia Beach, Va. Pa. Pittsburgh, Pa. New Haven, Conn. Rochester, N.Y.

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