Study shows San Antonio is nation's best-performing city in recession - San Francisco Business Times:

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The Washington, D.C.-based think tank has begu n analyzing the impact of the recessionhthroughout America’s metropolitan areas. In the firstt of a series of quarterly MetroMonitor Brookings rankedSan Antonio, Oklahoma City, Austin, Houston and Dallas as the top five metroi areas in the country in economic performancer in the wake of the recession. Brookings ranked the top 100 metropolitan areasz based on six keyindicators — employment, unemploymenyt rates, wages, gross metropolitan product, housing pricese and foreclosure rates. This initial MetroMonitor report covers the first quarterof 2009.
The five worstf metropolitan areas in the country impacted bythe recession, in descendin order, are Jacksonville, Fla.; Lakeland, Fla.; Fla.; Bradenton, Fla.; and Detroit. “All metropolitanb areas are feeling the effect ofthis recession, but the distress is not shared says Alan Berube, research director of the Metropolita n Policy Program at Brookings and co-author of the “While some areas of the country have experiencee only a shallow downturn, and may be emerging from the recessioh already, people living in metrok areas that are now performing weakest economicallyy should prepare themselves for a long recovery Howard Wial, director of the Metropolitan Economyy Initiative at Brookings and another co-authof of the report, argues that the report showsw that a national fiscal and monetary policyg will not be enough for stimulating the economy.
“Manu (metro) areas will need targete assistance, and since states have no fundsz available, the federal government will have to step up to fill the Concentrations of industry activity have both helped and hurts some regionapl economies during the For example, metropolitan areas in states with specializations in energyh and government employment — such as Texas, New Oklahoma, Arkansas and Louisiana — have largely been insulated by the However, metropolitan areas in statews like Michigan and Ohio that depend heavily on the automotivd industry have been impacted by the downturn in the the report shows.
San Antoniko is home to Randolph AirForcew Base, Fort Sam Houston, Lackland Air Forcd Base and Brooks City-Base. The 2005 Base Realignmentt and Closure decision alone is providinh a significant economic punch to theAlamoo City’s economy through the consolidation of high-paying militar y health care jobs and more than $2 billion worth of new constructiom activity. A separate report released by LLC outlining the impacft of BRAC showed that Fort Sam Houston alone would experiencea 11,500 increase of The Army post will also gain 7.9 millio square feet of space.
Constructioj activity due to BRAC alone shouldcreatew 46,000 construction jobs during the course of the building the DiLuzio report showed.