Friday February 3, 2012

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MetroMonitor

December 2011

The eleventh installment of the MetroMonitor series shows a slow recovery continuing in the third quarter for the nation's 100 largest metropolitan areas. Metro areas continued to experience a very slow recovery of both employment and output. Unemployment rates, although lower than in the corresponding quarter in 2010 in most large metropolitan areas, remained very high. Housing markets began to improve, as most large metropolitan areas saw increases in house prices and declines in foreclosures during the quarter. Manufacturing job growth slowed and government job losses accelerated. The financial sector struggled with job growth while wage growth in financial industries was mixed across metropolitan areas.

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Interactive: MetroMonitor Economic Performance Maps

Metro Monitor’s interactive maps illustrate the economic climate of the nation’s largest 100 metropolitan areas. Each map displays metropolitan data for a particular metric, with areas classified by quintiles.

MetroMonitor

Featured Experts

Howard Wial

Howard Wial

Fellow, Metropolitan Policy Program

Howard Wial, a fellow for the Metropolitan Policy Program at Brookings, directing the Brookings’ Metropolitan Economy Initiative, conducts research on urban and regional issues.
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Mark Muro

Mark Muro

Senior Fellow and Policy Director, Metropolitan Policy Program

Mark Muro, a senior fellow and director of policy for the Metropolitan Policy Program at Brookings, manages the program's public policy analysis and leads key policy research projects.
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