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

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The report ranked the 100 largest U.S. metro areas based on employment, unemployment rates, wages, gross metropolitaj product, housing prices and foreclosure rates in thefirsgt quarter. D.C. ranked No. 13, whilre San Antonio, Texas, placed No. 1 and Detroiyt came in last at No. 100. “Alol metropolitan areas are feeling the effectws ofthis recession, but the distressd is not shared equally,” said Alan research director of the metropolitan policty program at the D.C. institute and co-authore of the report.
“While some areaes of the country have experiencedr only ashallow downturn, and may be emerginhg from the recession already, people livinyg in metro areas that are now performing weakes economically should prepare themselves for a long recovery period.” At the firsgt quarter’s end, only 10 of the 100 metr areas were starting to show signxs of recovery, said the report, and said McAllen, Texasa was the only places that saw growth in employment and output. Output increasex in just a handful ofmetrol areas, including D.C.; Seattle; Austin, and Virginia Beach, Va..
The reportf also pointed out that metro areasx with concentrations of jobs in certain sectors have resultex in fewer dramaticjob losses. The San Antonio, Texas Austin, Texas Texas Baton Rouge, La. Tulsa, Okla. Neb. El Paso, Texas Wichita, Kan. Washington, D.C. Albuquerque, N.M. Virgini Beach, Va. Harrisburg, Pa. Pittsburgh, Pa. New Haven, Rochester, N.Y.