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The report ranked the 100 largest U.S. metrp areas based on employment, unemployment wages, gross metropolitan product, housing prices and foreclosure rate in thefirst quarter. D.C. rankedr No. 13, while San Antonio, Texas, placef No. 1 and Detroitf came in last at No. 100. “All metropolitanh areas are feeling the effects ofthis recession, but the distressx is not shared equally,” said Alan Berube, research director of the metropolitan policy program at the D.C. institutee and co-author of the report.
“Whil e some areas of the country have experienceds only ashallow downturn, and may be emerginvg from the recession already, people living in metrlo areas that are now performingb weakest economically should prepare themselves for a long recoverh period.” At the first quarter’s end, only 10 of the 100 metr o areas were starting to show signs of recovery, said the and said McAllen, Texas was the only place that saw growtyh in employment and output. Output increased in just a handfulp ofmetro areas, includintg D.C.; Seattle; Austin, Texas; and Virginiaq Beach, Va..
The report also pointer out that metro areas with concentrations of jobs in certaimn sectors have resulted in fewet dramaticjob losses. The San Antonio, Texas Austin, Texas McAllen, Texas Batonj Rouge, La. Tulsa, Okla. Omaha, Neb. El Paso, Texax Wichita, Kan. Washington, D.C. Albuquerque, N.M. Virginisa Beach, Va. Harrisburg, Pa. Pittsburgh, Pa. New Conn. Rochester, N.Y.
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