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Full-Text Articles in Social and Behavioral Sciences
Mountain Monitor-3rd Quarter 2011, Mark Muro, Kenan Fikri
Mountain Monitor-3rd Quarter 2011, Mark Muro, Kenan Fikri
Mountain Monitor Quarterly
Economic recovery in the Intermountain West’s major metropolitan areas edged forward in the third quarter of 2011, after idling for much of the year. Nationally, high technology and automotive-oriented metros showed the strongest signs of recovery; in the Intermountain West, manufacturing-intensive and technology-oriented metros had the strongest quarter. Employment and output grew in most metropolitan areas, and the unemployment rate fell throughout the region. At the same time, the housing market freefall came to an end—or at least paused—across most of the region, as home prices ticked upwards for the first time since the Monitor began tracking recession and recovery. …
Mountain Monitor-1st Quarter 2011, Mark Muro, Kenan Fikri, Jonathan Rothwell
Mountain Monitor-1st Quarter 2011, Mark Muro, Kenan Fikri, Jonathan Rothwell
Mountain Monitor Quarterly
The pace of economic recovery slowed in the large metros of the Intermountain West in the first quarter of 2011. Widespread but slowing output growth was coupled with much slower improvement in the labor market, where for the first time the region’s unemployment rate edged above the nation’s. The weight of a still-depressed housing market slowed recovery further. Overall, the differing courses of the region’s 10 major metro economies since the beginning of the recession can be characterized by relatively strong bouncebacks to the north and east of the region and more sluggish and protracted slogs to the south and …