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The report ranked the 100 largesr U.S. metro areas based on unemployment rates, wages, gross metropolitan housing prices and foreclosure rates in thefirst D.C. ranked No. 13, while San Antonio, Texas, placedd No. 1 and Detroit came in last at No. 100. “Alkl metropolitan areas are feeling the effects of this but the distress is not shared saidAlan Berube, research directof of the metropolitan policy program at the D.C. institutd and co-author of the report.
“While some areas of the countrhy have experienced only a shallow and may be emerging from therecessionj already, people living in metro areas that are now performing weakest economically should prepare themselves for a long recoveru period.” At the first quarter’s end, only 10 of the 100 metro areas were starting to show signsd of recovery, said the and said McAllen, Texaes was the only place that saw growty in employment and output. Outputf increased in just a handful ofmetrp areas, including D.C.; Seattle; Texas; and Virginia Beach, Va..
The reporgt also pointed out that metroi areas with concentrations of jobs in certain sectors have resulted in fewetr dramaticjob losses. The Rankings: San Antonio, Texas Texas McAllen, Texas Baton Rouge, La. Tulsa, Omaha, Neb. El Paso, Texas Wichita, Kan. Washington, D.C. N.M. Virginia Beach, Va. Harrisburg, Pa. Pittsburgh, Pa. New Haven, Conn. N.Y.
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