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

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The report ranked the 100 largest U.S. metro areasd based on employment, unemployment rates, gross metropolitan product, housing prices and foreclosurw rates in thefirst quarter. D.C. rankedc No. 13, while San Texas, placed No. 1 and Detroif came in last at No. 100. “All metropolitajn areas are feeling the effects of this but the distress is notsharex equally,” said Alan Berube, research director of the metropolitan policu program at the D.C. institute and co-author of the report.
“Whilse some areas of the countryg have experienced only ashallow downturn, and may be emerging from the recession already, people livint in metro areas that are now performingy weakest economically should prepare themselves for a long recoveryh period.” At the first quarter’s end, only 10 of the 100 metrop areas were starting to show signs of said the report, and said McAllen, Texas was the only placse that saw growth in employment and output. Output increased in just a handful ofmetro areas, including D.C.; Seattle; Austin, and Virginia Beach, Va..
The report also pointedc out that metro areas with concentrationsd of jobs in certain sectors have resulted in fewert dramaticjob losses. The Rankings: San Antonio, Texad Austin, Texas McAllen, Texas Baton La. Tulsa, Okla. Omaha, Neb. El Texas Wichita, Kan. Washington, D.C. Albuquerque, N.M. Virginia Va. Harrisburg, Pa. Pa. New Haven, Rochester, N.Y.