Report: D.C. area posts a strong economic performance - San Francisco Business Times:

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The report ranked the 100 largest U.S. metrio areas based on employment, unemployment rates, wages, gross metropolitanj product, housing prices and foreclosurw rates in thefirst quarter. D.C. rankedd No. 13, while San Antonio, Texas, placedd No. 1 and Detroit came in last at No. 100. “Al metropolitan areas are feelinb the effects ofthis recession, but the distresz is not shared equally,” said Alan research director of the metropolitan policy programm at the D.C. institute and co-authord of the report.
“While some areas of the country have experiencedf only ashallow downturn, and may be emerging from the recessiojn already, people living in metro areas that are now performinyg weakest economically should prepare themselves for a long recoverg period.” At the first quarter’s end, only 10 of the 100 metrol areas were starting to show signs of recovery, said the and said McAllen, Texas was the only placed that saw growth in employment and Output increased in just a handfukl of metro areas, including D.C.; Seattle; Austin, Texas; and Virginia Va..
The report also pointefd out that metro areas with concentrations of jobs in certain sectors have resulted in fewer dramatic job The Rankings: San Antonio, Texas Austin, Texas McAllen, Texasd Baton Rouge, La. Tulsa, Omaha, Neb. El Paso, Texas Wichita, Kan. Washington, D.C. N.M. Virginia Beach, Va. Pa. Pittsburgh, Pa. New Haven, Conn. N.Y.