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Mountain Monitor - 1st Quarter 2015, Kenan Fikri, Siddharth Kulkarni

Mountain Monitor Quarterly

This analysis of employment, output, unemployment, and house prices finds that the 10 major metropolitan areas of the Mountain West, despite significant economic headwinds, weathered the first quarter of 2015 with robust economic growth. Eight of the region’s 10 major metro areas advanced on all four metrics of economic performance, and the remaining two metro areas slipped only on a single front.

The national economic slowdown that arrived in early 2015 did not entirely bypass the Mountain West, but the region resisted the drag better than any other. As U.S. economic output contracted by 0.3 percent in the first quarter, …

The Great Recession And U.S. Safety Nets: The Case Of Temporary Assistance To Needy Families (Tanf), Vicky Albert

Brookings Scholar Lecture Series

The Great Recession

• Officially lasted from December 2007 to June 2009
• Most severe recession since Great Depression
• In the first quarter of 2012 about 30% of jobless workers had been unemployed for a year or longer
• From 2007 to 2009, real personal income per capita fell by 8.3 percentage points and many individuals dropped from the labor force

The Safety Nets for Families with Children

• Unemployment Insurance
• Medicaid
• Earned Income Tax Credit
• Supplemental Security Income (SSI)
• Subsidized Housing
• Temporary Assistance for Needy Families Program (TANF)

Mountain Monitor - 4th Quarter 2014, Kenan Fikri, Mark Muro

Mountain Monitor Quarterly

With the national economy gaining steam, the 10 major metro areas of the Mountain West ended 2014 with another quarter of strong economic performance. On the four indicators of economic vitality measured by the Mountain Monitor—employment growth, output growth, changes in unemployment, and house price growth—with only a few exceptions, every metro area registered advances on every indicator. Such widespread progress heretofore eluded the region, where recovery from the Great Recession has been characterized by unevenness.

In aggregate, the 10 Mountain metro areas ended 2014 with their fastest quarter of job growth of the year. Employment increased by 0.8 …