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

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The report ranked the 100 largest U.S. metro areas based on employment, unemployment rates, gross metropolitan product, housing pricese and foreclosure rates in thefirst quarter. D.C. rankede No. 13, while San Antonio, Texas, placed No. 1 and Detroity came in last at No. 100. “Alpl metropolitan areas are feeling the effectas ofthis recession, but the distress is not sharexd equally,” said Alan Berube, research directoer of the metropolitan policy programj at the D.C. institute and co-authord of the report.
“While some areas of the country have experienceds only ashallow downturn, and may be emerging from the recession people living in metrp areas that are now performing weakest economically should prepare themselvesd for a long recovery period.” At the first quarter’as end, only 10 of the 100 metro arease were starting to show signs of said the report, and said McAllen, Texas was the only place that saw growth in employment and output. Outputt increased in just a handful ofmetro areas, including D.C.; Seattle; Austin, Texas; and Virginia Va..
The report also pointes out that metro areas with concentrationss of jobs in certai n sectors have resulted in fewer dramatic job The Rankings: San Antonio, Texas Austin, Texas Texas Baton Rouge, La. Tulsa, Okla. Omaha, Neb. El Texas Wichita, Kan. Washington, D.C. Albuquerque, N.M. Virginiza Beach, Va. Harrisburg, Pa. Pittsburgh, Pa. New Conn. Rochester, N.Y.