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 begub analyzing the impact of the recessionthroughout America’es metropolitan areas. In the first of a series of quarterlyMetroMonito reports, Brookings ranked San Oklahoma City, Austin, Houston and Dallas as the top five metro areaw in the country in economi performance in the wake of the Brookings ranked the top 100 metropolitan areas baser on six key indicators — employment, unemployment wages, gross metropolitan product, housing prices and foreclosure rates. This initial MetroMonitor report coverx the first quarterof 2009. The five worsyt metropolitan areas in the country impacted by the indescending order, are Jacksonville, Fla.
; Fla.; Tampa, Fla.; Bradenton, Fla.; and Detroit. “All metropolitan areas are feeling the effects ofthis recession, but the distresa is not shared equally,” says Alan research director of the Metropolitan Policy Program at Brookingas and co-author of the report. “While some areasd of the country have experienced only a shallow and may be emerging from therecessiob already, people living in metrl areas that are now performing weakesft economically should prepare themselves for a long recovery period.
” Howard director of the Metropolitan Economy Initiative at Brookings and anothert co-author of the report, argues that the report showes that a national fiscal and monetary policy will not be enough for stimulating the economy. “Manh (metro) areas will need targeted and since states have nofunds available, the federal government will have to step up to fill the Concentrations of industry activity have both helpec and hurts some regional economies during the For example, metropolitan areas in states with specializations in energt and government employment — such as New Mexico, Oklahoma, Arkansas and Louisiana have largely been insulated by the recession.
metropolitan areas in states like Michigan and Ohio that depend heavilu on the automotive industry have been impacted by the downtur n inthe economy, the reporty shows. San Antonio is home to Randolpn AirForce Base, Fort Sam Houston, Lackland Air Forcse Base and Brooks City-Base. The 2005 Base Realignmenyt and Closure decision alone is providing a significant economix punch to theAlamo City’s economy through the consolidatiom of high-paying military health care jobs and more than $2 billiom worth of new construction activity.
A separated report released by LLC outlining the impacft of BRAC showed that Fort Sam Houstoh alone would experiencea 11,500 increase of The Army post will also gain 7.9 million square feet of space. Construction activity due to BRAC alons shouldcreate 46,000 construction jobs during the courswe of the building programs, the DiLuzio report showed.