Wednesday, September 14, 2011

Cincinnati ranked

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The report divided the 100 largest metrosinto 20-citgy segments, ranging from “strongest” to San Antonio ranked at the top of the category, and Detroit placecd last in the “weakest” category. The Cincinnati metropolitan area rankedx 62 of 100metros overall, just behinc Minneapolis, according to the first-quarter MetroMonitor released Wednesday. That placed it at No. 2 in the cities category.
MetroMonitor ranked cities according to four the percent change in employment from its peakto first-quartee 2009; the percentage change in the unemployment rate from 1Q 2008 to 1Q the percent change in gross metropolitan product from its peak to 1Q and the percent change in housing pricess from 1Q 2008 to 1Q 2009. The grosx metropolitan product is the totak value of goods and services produced withim themetro area. Cincinnati ranked 50th of 100 for changrein employment, down 2.8 percent from its 56th for year-over-year change in unemployment, up 3.6 78th for GMP, down 4.4 and 37th for year-over-year housinhg price change, up 0.1 percent.
Two citiez in the region fared better: Columbue 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 categorhy included Cleveland, 64th; 65th; Akron, 74th; and Dayton, Youngstown (88th) and Toledo (91st) both fell into the category. The MetroMonitor will be published quarterly, according to the Metropolitabn Policy Programat Brookings. To read the completde report, .

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