San Antonio One Of Only 17 Metropolitan Areas With Job Growth
March 18, 2010
The MetroMonitor, an interactive barometer of the health of America’s metropolitan economies, looks “beneath the hood” of national economic statistics to portray the diverse metropolitan landscape of recession and recovery across the country. It aims to enhance understanding of the local underpinnings of national economic trends, and to promote public- and private-sector responses to the downturn that take into account metropolitan areas’ distinct strengths and weaknesses.
This edition of the Monitor examines indicators through the fourth quarter of 2009 (ending in December) in the areas of employment, unemployment, output, home prices, and foreclosure rates for the nation’s 100 largest metropolitan areas. It finds that:
While the nation as a whole had almost no job growth during the last decade, 17 metropolitan areas had double-digit job growth and 34 lost jobs during that time. The 17 metropolitan areas with double-digit job growth from the fourth quarter of 1999 to the fourth quarter of 2009 were all located in the South or West: Austin, Bakersfield, Boise, Cape Coral, Charleston, Houston, Lakeland, Las Vegas, McAllen, Ogden, Orlando, Phoenix, Provo, Raleigh, Riverside, San Antonio, and Washington. Notably, several of these metropolitan areas suffered severe job losses during the Great Recession as a result of the collapse of their housing markets, but those losses made only a modest dent in the enormous job gains that occurred in these areas earlier in the decade. The 34 metropolitan areas that lost jobs during the decade were located mostly in the Northeast and Great Lakes regions. They included not only metropolitan areas suffering from the continued loss of manufacturing jobs but also the high technology centers of San Jose and San Francisco.
Read the entire report at Brookings.edu
| Metropolitan area | Overall performance* |
| Albany-Schenectady-Troy, NY | Strongest 20 metros |
| Augusta-Richmond County, GA-SC | Strongest 20 metros |
| Austin-Round Rock-San Marcos, TX | Strongest 20 metros |
| Baton Rouge, LA | Strongest 20 metros |
| Buffalo-Niagara Falls, NY | Strongest 20 metros |
| Dallas-Fort Worth-Arlington, TX | Strongest 20 metros |
| El Paso, TX | Strongest 20 metros |
| Jackson, MS | Strongest 20 metros |
| Kansas City, MO-KS | Strongest 20 metros |
| Little Rock-North Little Rock-Conway, AR | Strongest 20 metros |
| Madison, WI | Strongest 20 metros |
| McAllen-Edinburg-Mission, TX | Strongest 20 metros |
| Oklahoma City, OK | Strongest 20 metros |
| Omaha-Council Bluffs, NE-IA | Strongest 20 metros |
| Rochester, NY | Strongest 20 metros |
| San Antonio-New Braunfels, TX | Strongest 20 metros |
| Syracuse, NY | Strongest 20 metros |
| Tulsa, OK | Strongest 20 metros |
| Virginia Beach-Norfolk-Newport News, VA-NC | Strongest 20 metros |
| Washington-Arlington-Alexandria, DC-VA-MD-WV | Strongest 20 metros |
Comments
