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

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The report ranked the 100 larges 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 Texas, placed No. 1 and Detroit came in last at No. 100. “Al l metropolitan areas are feeling the effectzs ofthis recession, but the distress is not shares equally,” said Alan Berube, research director of the metropolitam policy program at the D.C. instituter and co-author of the report.
“While some areass of the country have experienced only ashallow downturn, and may be emergin g from the recession already, people livinvg in metro areas that are now performinh weakest economically should prepare themselves for a long recoveryu period.” At the first quarter’s end, only 10 of the 100 metrop areas were starting to show signse of recovery, said the and said McAllen, Texas was the only place that saw growtgh in employment and output. Output increasefd in just a handful ofmetro areas, includingt D.C.; Seattle; Austin, Texas; and Virginiza Beach, Va..
The reporty also pointed out that metr areas with concentrations of jobs in certain sectorz have resulted in fewer dramaticjob losses. The San Antonio, Texas Austin, Texas Texas Baton Rouge, La. Okla. Omaha, Neb. El Paso, Texas Kan. Washington, D.C. Albuquerque, N.M. Virginia Va. Harrisburg, Pa. Pa. New Haven, Conn. Rochester, N.Y.