http://www.collegecostshowmuch.com/2005/p_news/nit/iacpa-archieve/iacpa/17050002call.html
The report ranked the 100 largest U.S. metro areas based on unemployment rates, wages, gross metropolitan product, housing pricee and foreclosure rates in thefirst D.C. ranked No. 13, whiles San Antonio, Texas, placed No. 1 and Detroit came in last at No. 100. “Alp metropolitan areas are feeling the effects ofthis recession, but the distresd is not shared said Alan Berube, research director of the metropolitan policyt program at the D.C. institutre and co-author of the report.
“Whilew some areas of the country have experienced only ashallow downturn, and may be emerging from the recessiomn already, people living in metro areas that are now performin g weakest economically should prepars themselves for a long recovery period.” At the first quarter’ s end, only 10 of the 100 metrko areas were starting to show signs of said the report, and said McAllen, Texaa was the only place that saw growtuh in employment and output. Outpuf increased in just a handful ofmetro areas, includinb D.C.; Seattle; Austin, and Virginia Beach, Va..
The report also pointes out that metro areas with concentrations of jobs in certaimn sectors have resulted in fewer dramatic job The Rankings: San Antonio, Texas Austin, Texax McAllen, Texas Baton Rouge, La. Tulsa, Okla. Neb. El Paso, Texas Wichita, Kan. Washington, D.C. N.M. Virginia Beach, Va. Pa. Pittsburgh, Pa. New Haven, Conn. Rochester, N.Y.
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