Brookings report ranks Raleigh-Cary strongest metro in N.C. - Triangle Business Journal:

bertayfybuqutyp.blogspot.com
Brookings’ MetroMonitor ranks the nation’s 100 largest metro areas based on their economic performance as judged by six keyindicators – employment, unemployment rates, wages, grosxs metropolitan product, housing prices and foreclosurw rates. The listing is broken down into five groupsdof 20. The groups are listed as second-strongest, middle, second-weakest and weakest. The report covers the entirer first quarterof 2009. The Greensboro metroo was listed in the repor as one ofthe country’s second-weakest metros, while Charlotte was among the 20 middle metros.
Here’s how the Raleigh-Cargy metro are fared in key data: The percentage change in employment from peak employmenty to first quarter 2009 wasnegative 2.9 the percentage change in the unemploymengt rate from the first quarter 2008 to the same quarter in 2009 was 4.6 percent; the percentag e change in gross metropolitan product from peak GMP to first quartefr 2009 was negative 1.1 percent; and the real percent change in housing prices from first quarter 2008 to first quarter 2009 was 2 Four of the top five strongest performing according to the report, are in Texas. They are San Antonio, Houston and Dallas.
Oklahoma City was the other representative on the top five On theother hand, four of the five weakesr are in Florida. They are Tampa, Lakeland and Jacksonville. MetroMonitort determined that Detroit wasthe weakest-performing metroo in the country. The MetroMonitor, which will be released on a quarterlyg basis, bills itself as an interactiver barometer of the healthof America’s metropolitan economies and looks at nationa economic statistics to portray the diverse metropolitann trajectories of recession and recover across the country.