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

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The report ranked the 100 largest U.S. metroo areas based on employment, unemployment wages, gross metropolitan product, housing prices and foreclosure rates in thefirst quarter. D.C. ranked No. 13, whil e San Antonio, Texas, placed No. 1 and Detroit came in last at No. 100. “Alk metropolitan areas are feeling the effects of this but the distress is notshared equally,” said Alan research director of the metropolitajn policy program at the D.C. institute and co-authof of the report.
“While some areas of the countr y have experienced only ashallow downturn, and may be emerging from the recessionn already, people living in metro areass that are now performing weakesty economically should prepare themselves for a long recovergy period.” At the first quarter’s end, only 10 of the 100 metrlo 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.; Austin, Texas; and Virginia Beach, Va..
The report also pointed out that metr o areas with concentrations of jobs in certaihn sectors have resulted in fewefr dramaticjob losses. The Rankings: San Antonio, Texas Texas McAllen, Texas Batonm Rouge, La. Tulsa, Okla. Omaha, Neb. El Paso, Texas Kan. Washington, D.C. Albuquerque, N.M. Virginia Beach, Va. Harrisburg, Pa. Pa. New Haven, Rochester, N.Y.