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MetroMonitor

MetroMonitor: Tracking Economic Recession and Recovery in America's 100 Largest Metropolitan Areas (4th Quarter, 2010)

Howard Wial and Richard Shearer, Brookings Institution
Topics: Economic Output, Employment, Housing
Data Sources: MetroMonitor

Employment rebounded from its low point in 72 of the 100 largest metropolitan areas by the fourth quarter of 2010, but only four gained back more than half the jobs they lost between their employment peak and their post-recession employment low point, and only one made a complete jobs recovery. Only 13 metropolitan areas (Augusta, Austin, Baltimore, Boston, Charleston, Dallas, Hartford, Honolulu, McAllen, New Orleans, Oklahoma City, San Antonio, and Washington) regained more than a quarter of the jobs they had lost between their pre-recession high and their post-recession low. Only Austin, McAllen, New Orleans, and Washington regained more than half the jobs they lost.Only McAllen had made a complete jobs recovery by the fourth quarter. For more, see the Brookings Institution MetroMonitor.

Brookings MetroMonitor Map
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Experts

Howard Wial, Fellow
Richard Shearer, Senior Research Assistant

Metropolitan Policy Program
Brookings Institution

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