Brookings Institution likes Jackson
A report released today by the Brookings Institution may offer a glimmer of hope that some sort of economic recovery is gaining traction.
Brookings analyzed the 100 largest metropolitan areas in the U.S., basing their strength on four factors:
• Percent employment change from peak quarter to the second quarter of 2009
• Percentage point change in unemployment rate from June 2008 to June 2009
• Percent change in gross metropolitan product from peak quarter to the second quarter of 2009
• Percent change in housing prices from the second quarter of 2008 to the second quarter of 2009
Of the 100 metro areas, Brookings listed the 20 strongest and the 20 weakest, relative to how they are weathering the recession. Jackson was among the 20 strongest.
The full list, complete with data from each area, can be found here.