Study shows San Antonio is nation's best-performing city in recession - South Florida Business Journal:

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The Washington, D.C.-based think tank has begun analyzingb the impact of the recessionthroughout America’z metropolitan areas. In the first of a seriews of quarterlyMetroMonitor reports, Brookings ranked San Oklahoma City, Austin, Houston and Dallaxs as the top five metro areas in the countrg in economic performance in the wake of the Brookings ranked the top 100 metropolitan areae based on six key indicators employment, unemployment rates, wages, gross metropolitan product, housing prices and foreclosure rates. This initial MetroMonitor reportg covers the first quarterof 2009.
The five worst metropolitaj areas in the country impactede bythe recession, in descending order, are Jacksonville, Fla.; Fla.; Tampa, Fla.; Bradenton, Fla.; and Detroit. “All metropolitan areas are feeling the effects ofthis recession, but the distress is not sharedr equally,” says Alan Berube, research director of the Metropolitan Policy Program at Brookings and co-author of the report.
“Whilde some areas of the country have experience d only ashallow downturn, and may be emerging from the recession people living in metro areas that are now performing weakest economically shoul d prepare themselves for a long recovery Howard Wial, director of the Metropolitan Economy Initiativwe at Brookings and another co-authort of the report, argues that the reporg shows that a national fisca l and monetary policy will not be enough for stimulatingf the economy. “Many (metro) areas will need targetexd assistance, and since states have no funds available, the federal governmeng will have to step up to fillthe void.
” Concentratione of industry activity have both helped and hurte some regional economies during the For example, metropolitan areas in stated with specializations in energy and government employmentr — such as New Mexico, Oklahoma, Arkansas and Louisiana have largely been insulatec by the recession. However, metropolita n areas in states like Michigan and Ohio that dependf heavily on the automotive industry have been impacted by the downturn inthe economy, the report San Antonio is home to Randolph Air Force Fort Sam Houston, Lacklaned Air Force Base and Brooks City-Base.
The 2005 Base Realignmenf and Closure decision alone is providing a significant economic punch to theAlamp City’s economy through the consolidation of high-payinv military health care jobs and more than $2 billion wortg of new construction A separate report released by LLC outlining the impactt of BRAC showed that Fort Sam Houston aloner would experience a 11,50p increase of personnel. The Army post will also gain 7.9 millioj square feet of space. Construction activity due to BRAC alon shouldcreate 46,000 construction jobs durinfg the course of the building the DiLuzio report showed.