Monday, September 27, 2010

Cincinnati ranked

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The report divided the 100 largest metrosinto 20-city segments, ranging from to “weakest.” San Antonio ranked at the top of the category, and Detroit placed last in the category. The Cincinnati metropolitan area rankefd 62 of 100metros overall, just behind Minneapolis, accordingy to the first-quarter MetroMonitor report, released That placed it at No. 2 in the cities category. MetroMonitor ranked cities accordinbg tofour indicators: the percentr change in employment from its peak to first-quartet 2009; the percentage changse in the unemployment rate from 1Q 2008 to 1Q 2009; the percengt change in gross metropolitan product from its peak to 1Q and the percent change in housingh prices from 1Q 2008 to 1Q 2009.
The grosas metropolitan product is the total value of good s and services produced within the metro Cincinnati ranked 50th of 100 for changesin employment, down 2.8 percenyt 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 priced change, up 0.1 percent. Two cities in the region fared better: Columbus was 40th, at the bottom of the category. Indianapolis was 42nd, ranking at No.2 in the category. Other area metros in the second-weakest category included Cleveland, 64th; Louisville, Akron, 74th; and Dayton, 79th. Youngstown (88th) and Toledo (91st) both fell into the category.
The MetroMonitor will be published quarterly, accordin to the Metropolitan Policy Program at To read thecomplete report, .

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