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 begun analyzing the impact of the recessionthroughout America’sw metropolitan areas. In the first of a serieas of quarterlyMetroMonitor reports, Brookingse ranked San Antonio, Oklahoma Austin, Houston and Dallas as the top five metro areas in the country in economicd performance in the wake of the Brookings ranked the top 100 metropolitan areaws based on six key indicators — employment, unemployment wages, gross metropolitan product, housing prices and foreclosure rates. This initial MetroMonitor report coverxs the first quarterof 2009.
The five wors metropolitan areas in the country impacted by the indescending order, are Jacksonville, Fla.; Lakeland, Fla.; Fla.; Bradenton, Fla.; and “All metropolitan areas are feeling the effectzs of this recession, but the distress is not shareds equally,” says Alan research director of the Metropolitan Policy Program at Brookings and co-author of the “While some areas of the country have experienced only a shallo downturn, and may be emerging from the recessionn already, people living in metro areas that are now performinv weakest economically should prepare themselves for a long recovery period.
” Howarf Wial, director of the Metropolitamn Economy Initiative at Brookings and another co-authorr of the report, arguesx that the report shows that a nationalk fiscal and monetary polichy will not be enough for stimulating the economy. “Many areas will need targete d assistance, and since states have no fundds available, the federal government will have to step up to fill the Concentrations of industry activity have both helped and hurts some regionall economies duringthe recession.
For metropolitan areas in states with specializations in energy and government employment suchas Texas, New Mexico, Oklahoma, Arkansas and Louisiana have largely been insulated by the However, metropolitan areas in stateas like Michigan and Ohio that depend heavilyt on the automotive industry have been impactex by the downturn in the the report shows. San Antoni is home to Randolph AirForce Base, Fort Sam Lackland Air Force Base and Brooks The 2005 Base Realignment and Closur decision alone is providing a significant economic punch to the Alamo City’s econom through the consolidation of high-paying militarh health care jobs and more than $2 billiom worth of new constructionj activity.
A separate report released by LLC outlining the impacft of BRAC showed that Fort Sam Houston alonw would experiencea 11,500 increased of personnel. The Army post will also gain 7.9 million square feet of space. Construction activitt due to BRAC alone shouldcreate 46,00o0 construction jobs during the course of the buildinv programs, the DiLuzio report