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

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The report ranked the 100 largest U.S. metro areas based on employment, unemployment rates, wages, gross metropolitan housing prices and foreclosure rate s in thefirst quarter. D.C. rankedr No. 13, while San Antonio, Texas, placed No. 1 and Detroit came in last at No. 100. “All metropolitanb areas are feeling the effects of this but the distress is not shared saidAlan Berube, research director of the metropolitan policy program at the D.C.
institute and co-author of the “While some areas of the country have experiencec only ashallow downturn, and may be emerginvg from the recession people living in metro areas that are now performinh weakest economically should prepare themselves for a long recoverhy period.” At the first quarter’s end, only 10 of the 100 metrko areas were starting to show signd of recovery, said the report, and said Texas was the only placre that saw growth in employment and output. Output increaseds in just a handfukl ofmetro areas, including D.C.; Seattle; Texas; and Virginia Beach, Va..
The reporty also pointed out that metroo areas with concentrations of jobs in certain sectoras have resulted in fewer dramatic job The Rankings: San Antonio, Texasx Austin, Texas McAllen, Texas Baton Rouge, La. Okla. Omaha, Neb. El Paso, Texas Wichita, Kan. D.C. Albuquerque, N.M. Virginia Va. Harrisburg, Pa. Pittsburgh, Pa. New Haven, Rochester, N.Y.