Saturday, November 20, 2010

Cincinnati ranked

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The report divided the 100 largest metrosinto 20-city ranging from “strongest” to “weakest.” San Antonio ranked at the top of the category, and Detroit placed last in the “weakest” category. The Cincinnatk metropolitan area ranked 62 of 100metros overall, just behinde Minneapolis, according to the first-quarteer MetroMonitor report, released Wednesday. That placed it at No. 2 in the cities category.
MetroMonitor ranked citiess according tofour indicators: the percen t change in employment from its peak to first-quarter the percentage change in the unemployment rate from 1Q 2008 to 1Q the percent change in gross metropolitan product from its peak to 1Q and the percent change in housin prices from 1Q 2008 to 1Q 2009. The gross metropolitan product is the total valu of goods and services produced within themetrpo area. Cincinnati ranked 50th of 100 for changin employment, down 2.8 percent from its 56th for year-over-year change in up 3.6 percent; 78th for GMP, down 4.4 and 37th for year-over-year housinf price change, up 0.1 percent.
Two cities in the regio n fared better: Columbus was 40th, at the botto of the “second-strongest” category. Indianapolis was ranking at No.2 in the “middle” Other area metros in the second-weakest category included 64th; Louisville, 65th; 74th; and Dayton, 79th. Youngstown (88th) and Toledo both fell into the “weakest” The MetroMonitor will be published quarterly, according to the Metropolitaj Policy Programat Brookings. To read the completde report, .

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