MetroMonitor: Tracking Economic Recession and Recovery in Americas 100 Largest Metropolitan Areas Cities, Regions and States – Howard Wial, Fellow, Metropolitan Policy Program, Richard Shearer, Research Assistant, Metropolitan Policy Program – The Brookings Institution
“In the nations 100 largest metropolitan areas, the economic recovery had two faces as of the third quarter of 2010 (ending in September). The optimistic face showed continuing growth in economic output and widespread increases in house prices (in contrast to declines earlier in the year). The pessimistic face showed a sharp reversal of the job growth that was occurring earlier in the year, widespread losses of manufacturing jobs (in contrast to earlier gains), continued high unemployment rates in most metropolitan areas, and an increase in foreclosures in virtually all metropolitan areas. Both faces showed considerable variation in economic outcomes among the 100 metropolitan areas. Overall, the data show that most major metropolitan economies are stuck in neutral, with no clear indication of any forward movement in the near future.”
View all interactive maps on the MetroMonitor charts page
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