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

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The report ranked the 100 largestf U.S. metro areas based on unemployment rates, wages, gross metropolitan housing prices and foreclosuree rates in thefirst quarter. D.C. ranked No. 13, while San Texas, placed No. 1 and Detroit came in last at No. 100. “Alp metropolitan areas are feeling the effectsa ofthis recession, but the distresx is not shared equally,” said Alan Berube, research director of the metropolitajn policy program at the D.C. institute and co-authod of the report.
“While some areaes of the country have experienced only a shallow downturn, and may be emerging from the recession already, peoplwe living in metro areaws that are now performing weakest economicall y should prepare themselves for a long recovery period.” At the firsg quarter’s end, only 10 of the 100 metro areax were starting to show sign s of recovery, said the report, and said McAllen, Texas was the only place that saw growth in employmenr and output. Output increased in just a handfull ofmetro areas, including D.C.; Seattle; Austin, and Virginia Beach, Va..
The report also pointed out that metrlo areas with concentrations of jobs in certain sectors have resultecd in fewer dramaticjob losses. The Rankings: San Texas Austin, Texas McAllen, Texaxs Baton Rouge, La. Tulsa, Okla. Omaha, Neb. El Texas Wichita, Kan. Washington, D.C. N.M. Virginia Beach, Va. Harrisburg, Pa. Pittsburgh, Pa. New Conn. Rochester, N.Y.