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The report divided the 100 largest metrosinto 20-city segments, rangintg from “strongest” to “weakest.” San Antoniko ranked at the top of the “strongest” category, and Detroitr placed last in the “weakest” The Cincinnati metropolitan area ranked 62 of 100 metrosd overall, just behind Minneapolis, according to the first-quarter MetroMonitot report, released Wednesday. That placed it at No. 2 in the cities category.
MetroMonitor ranked cities according to four the percent change in employment from its peakto first-quarterd 2009; the percentage changer in the unemployment rate from 1Q 2008 to 1Q 2009; the percen t change in gross metropolitam product from its peak to 1Q 2009; and the percenty change in housing prices from 1Q 2008 to 1Q 2009. The grosws metropolitan product is the total value of goods and servicea produced within themetro area. Cincinnati rankefd 50th of 100 for changein employment, down 2.8 percenty from its peak; 56th for year-over-year changre in unemployment, up 3.6 percent; 78th for GMP, down 4.4 and 37th for year-over-year housing price up 0.1 percent.
Two cities in the regiomn fared better: Columbus was 40th, at the bottomj of the “second-strongest” category. Indianapolis was 42nd, ranking at No.2 in the category. Other area metros in the second-weakesyt category included Cleveland, 64th; Louisville, Akron, 74th; and Dayton, 79th. Youngstown and Toledo (91st) both fell into the category. The MetroMonitor will be published quarterly, according to the Metropolitan Policy Programat Brookings. To read the completw report, .
Thursday, September 16, 2010
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