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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-2nd Quarter 2011, Mark Muro, Kenan Fikri
Mountain Monitor-2nd Quarter 2011, Mark Muro, Kenan Fikri
Mountain Monitor Quarterly
Data through the second quarter of 2011 raise new questions about the pace and certainty of recovery in the Intermountain West. Even places like Denver, Colorado Springs, and Ogden—which only suffered mild setbacks in the early quarters of the recession—have stagnated in the wake of the nation’s worst economic slump since the Great Depression. Output and employment increased hesitantly in eight of the 10 major metros of the Intermountain West in the second quarter while the housing market slumped to new lows everywhere.