Tuesday, July 17, 2012

Cincinnati ranked

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The report divided the 100 largest metrosinto 20-cityu segments, ranging from “strongest” to San Antonio ranked at the top of the category, and Detroit placed last in the “weakest” The Cincinnati metropolitan area ranked 62 of 100 metross overall, just behind Minneapolis, according to the first-quarter MetroMonito report, released Wednesday. That placed it at No. 2 in the “second-weakest” citie s category.
MetroMonitor ranked cities accordingv tofour indicators: the percent change in employmenrt from its peak to first-quarted 2009; the percentage changew in the unemployment rate from 1Q 2008 to 1Q the percent change in grossx metropolitan product from its peak to 1Q and the percent change in housingh prices from 1Q 2008 to 1Q 2009. The gross metropolitaj product is the total value of goods and servicesx produced within themetro area. Cincinnati ranked 50th of 100 for changein employment, down 2.8 percenft from its peak; 56th for year-over-year change in up 3.6 percent; 78th for GMP, down 4.4 and 37th for year-over-year housingb price change, up 0.
1 Two cities in the region fared Columbus was 40th, at the botto of the “second-strongest” category. Indianapolis was ranking at No.2 in the “middle” category. Othert area metros in the second-weakest category included Cleveland, 64th; Louisville, 65th; 74th; and Dayton, 79th. Youngstown (88th) and Toledo (91st) both fell into the category. The MetroMonitor will be publishe quarterly, according to the Metropolitan Policy Prograkmat Brookings. To read the complete .

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