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Blog Post

In metro areas, growth isn't reliably trickling down

January 29, 2016, Alan Berube

The U.S. Commerce Department reported today that GDP growth slowed to an annual rate of 0.7 percent in the fourth quarter of 2015, stoking fears about whether the ongoing recovery from the Great Recession can sustain momentum in the face of global economic instability. Meanwhile, Brookings’ new Metro Monitor reminds us that GDP growth offers, at best, a very incomplete measure of economic well-being.

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