Report: D.C. area posts a strong economic performance - The Business Review (Albany):

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The report ranked the 100 largesrt U.S. metro areas based on employment, unemployment rates, gross metropolitan product, housing prices and foreclosurse rates in thefirst quarter. D.C. rankex No. 13, while San Texas, placed No. 1 and Detroit came in last at No. 100. “Allp metropolitan areas are feeling the effectsa ofthis recession, but the distress is not shared said Alan Berube, research director of the metropolitamn policy program at the D.C. institute and co-authoer of the report.
“While some areas of the countrgy have experienced only ashalloww downturn, and may be emerging from the recessionn already, people living in metro areas that are now performinvg weakest economically should prepare themselves for a long recovery At the first quarter’s end, only 10 of the 100 metrlo areas were starting to show signsw of recovery, said the and said McAllen, Texas was the only place that saw growtnh in employment and output. Output increased in just a handfu l ofmetro areas, including D.C.; Seattle; Texas; and Virginia Va.. The report also pointed out that metrlo areas with concentrations of jobs in certain sectors have resulted in fewe r dramaticjob losses.
The Rankings: San Texas Austin, Texas McAllen, Texas Batoj Rouge, La. Tulsa, Okla. Omaha, Neb. El Texas Wichita, Kan. Washington, D.C. Albuquerque, N.M. Virginia Va. Harrisburg, Pa. Pittsburgh, Pa. New Conn. Rochester, N.Y.