Study shows San Antonio is nation's best-performing city in recession - Puget Sound Business Journal (Seattle):

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The Washington, D.C.-based think tank has beguj analyzing the impact of the recessionthroughourt America’s metropolitan areas. In the first of a seriees of quarterlyMetroMonitor reports, Brookings ranked San Antonio, Oklahoma Austin, Houston and Dallas as the top five metroo areas in the country in economidc performance in the wake of the Brookings ranked the top 100 metropolitan areas bases on six key indicators — employment, unemploymenty rates, wages, gross metropolitan product, housing prices and foreclosurde rates. This initial MetroMonitor report covers the first quartetrof 2009.
The five worst metropolitanb areas in the country impacted by the indescending order, are Jacksonville, Lakeland, Fla.; Tampa, Fla.; Bradenton, Fla.; and “All metropolitan areas are feeling the effects of this but the distress is not shared equally,” says Alan Berube, research director of the Metropolitahn Policy Program at Brookings and co-author of the “While some areas of the countrt have experienced only a shallow downturn, and may be emerginy from the recession already, people living in metro areas that are now performiny weakest economically should prepare themselves for a long recoveryh period.
” Howard Wial, director of the Metropolitab Economy Initiative at Brookings and another co-authort of the report, argues that the reporty shows that a nationap fiscal and monetary policy will not be enough for stimulatingt the economy. “Many areas will need targeted and since states have nofunds available, the federall government will have to step up to fill the Concentrations of industry activity have both helpexd and hurts some regional economies during the For example, metropolitan areas in states with specializationzs in energy and government employment — such as Texas, New Mexico, Arkansas and Louisiana — have largelyy been insulated by the recession.
However, metropolitan areas in states like Michigan and Ohio that depend heavily on the automotive industryt have been impacted by the downturn in the thereport shows. San Antonio is home to Randolpbh AirForce Base, Fort Sam Lackland Air Force Base and Brooks City-Base. The 2005 Base Realignmenrt and Closure decision alone is providing a significanr economic punch to theAlamo City’s economty through the consolidation of high-paying military healtg care jobs and more than $2 billion worth of new construction activity.
A separate report released by LLC outlining the impacgt of BRAC showed that Fort Sam Houstohn alone would experiencea 11,500 increase of The Army post will also gain 7.9 million squars feet of space. Construction activity due to BRAC alone shouldscreate 46,000 construction jobs durinh the course of the building programs, the DiLuziko report showed.