Monday, July 20, 2015

GDP contractions aside, recovery continues in most metro areas

The first quarter of 2015 saw U.S. GDP contract for the first time in nearly five years, prompting new concerns about the durability of a recovery—nominally underway since 2009—that seems yet to have reached a predictable trajectory. As the latest Brookings Metro Monitor interactive shows, the national-level slowdown was felt unevenly across the country’s 100 largest metropolitan areas—the places where over 70 percent of Americans live and work. GDP growth in four-fifths of the country’s largest metro areas followed the national economy into......(read more)
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