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Mountain Monitor - 1st Quarter 2015, Kenan Fikri, Siddharth Kulkarni
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, …
Mountain Monitor - 4th Quarter 2014, Kenan Fikri, Mark Muro
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 …