Columbus holding its own amid recession
Columbus is feeling the sting of the recession like any other metropolitan area in the nation, but a new report indicates it’s holding up better than other big cities in Ohio – not to mention dozens of other major cities in the U.S.
A report from Washington, D.C.-based liberal public-policy think tank Brookings Institution dubbed the MetroMonitor bills itself as a “beneath the hood” recession-era look at metros with more than 500,000 residents as of 2007. The report placed the Columbus metropolitan statistical area 40th among those ranked for its strength, based on employment, unemployment, wage, output, home prices and foreclosure data.
No other Ohio city made the top 50. Cincinnati, Cleveland, Akron and Dayton found slots from 61st to 80th. Toledo was ranked the 10th-weakest major metropolitan area nationwide.
http://www.bizjournals.com/columbus/stories/2009/06/15/daily18.html?ana=from_rss
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