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

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The report ranked the 100 largestg U.S. metro areas based on employment, unemployment rates, gross metropolitan product, housing prices and foreclosure rated in thefirst quarter. D.C. ranked No. 13, while San Texas, placed No. 1 and Detroift came in last at No. 100. “All metropolitan areas are feelinfg the effects ofthis recession, but the distresws is not shared equally,” said Alan Berube, research directodr of the metropolitan policy program at the D.C. institut and co-author of the report.
“While some areas of the countrh have experienced only ashallows downturn, and may be emerging from the recession already, peopls living in metro areas that are now performing weakest economicall should prepare themselves for a long recovery period.” At the first quarter’sz end, only 10 of the 100 metro areas were starting to show signs of said the report, and said McAllen, Texas was the only plac that saw growth in employmenr and output. Output increased in just a handful ofmetro areas, including D.C.; Seattle; Austin, Texas; and Virginia Beach, Va..
The report also pointex out that metro areas with concentrationxs of jobs in certain sectors have resulted in fewer dramatic job The Rankings: San Antonio, Texas Austin, Texasx McAllen, Texas Baton Rouge, La. Okla. Omaha, Neb. El Paso, Texas Kan. Washington, D.C. Albuquerque, N.M. Virginisa Beach, Va. Harrisburg, Pa. Pittsburgh, Pa. New Conn. Rochester, N.Y.