The 11 Best-Performing Cities In America

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Despite the ongoing jobs crisis and the stalling economy, parts of America are recovering with a vengeange.We identified the strongest economic recoveries based on the latest MetroMonitor from the Brookings Institute, which looks at employment, unemployment, production, and home prices.

Some of the “best-performing” cities are also places that crashed the hardest a few years ago.

#11 Nashville, Tennessee

#10 Austin, Texas

  • Unemployment rate down -1.3% since 2009Q4
  • Employment rate up 7.4% since 2009Q4
  • Gross metro product up 14.2% since 2009Q3
  • Home prices up 1.0% since 2011Q2

Data provided by the Brookings' MetroMonitor. Gross Metro Product and Home Prices are tracked from Trough to 2012Q2. Unemployment and Employment are tracked from Trough to 2012Q1.

#9 Portland, Oregon

#8 Grand Rapids, Wyoming

#7 Detroit, Michigan

#6 Boise City, Idaho

  • Unemployment rate down -1.5% since 2010Q4
  • Employment up 3.5% since 2009Q3
  • Gross metro product up 8.7% since 2009Q2
  • Home prices up 3.9% since 2011Q2

Data provided by the Brookings' MetroMonitor. Gross Metro Product and Home Prices are tracked from Trough to 2012Q2. Unemployment and Employment are tracked from Trough to 2012Q1.

#5 Cape Coral, Florida

  • Unemployment rate down -3.9% since 2009Q4
  • Employment up 3.3% since 2010Q1
  • Gross metro product has not changed since 2012Q1
  • Home prices up 4.5% since 2011Q3

Data provided by the Brookings' MetroMonitor. Gross Metro Product and Home Prices are tracked from Trough to 2012Q2. Unemployment and Employment are tracked from Trough to 2012Q1.

#4 San Jose, California

  • Unemployment rate down -3.0% since 2009Q4
  • Employment up 7.4% since 2009Q3
  • Gross metro product up 19.9% since 2009Q3
  • Home prices up .2% since 2012Q1

Data provided by the Brookings' MetroMonitor. Gross Metro Product and Home Prices are tracked from Trough to 2012Q2. Unemployment and Employment are tracked from Trough to 2012Q1.

#3 Phoenix

  • Unemployment rate down -2.9% since 2010Q1
  • Employment up 3.7% since 2010Q3
  • Gross metro product up 6.8% since 2009Q3
  • Home prices up 4.1% since 2011Q2

Data provided by the Brookings' MetroMonitor. Gross Metro Product and Home Prices are tracked from Trough to 2012Q2. Unemployment and Employment are tracked from Trough to 2012Q1.

#2 Houston, Texas

  • Unemployment rate down -1.6% since 2010Q1
  • Employment up 6.9% since 2009Q4
  • Gross metro product up 14.3% since 2008Q2
  • Home prices up 2.6% since 2011Q2

Data provided by the Brookings' MetroMonitor. Gross Metro Product and Home Prices are tracked from Trough to 2012Q2. Unemployment and Employment are tracked from Trough to 2012Q1.Q1.

#1 New Orleans

  • Unemployment rate down -0.3% since 2010Q4
  • Employment up 20.9% since 2005Q4
  • Gross metro product up 23.6% since 2005Q4
  • Home prices up 0.1% since 2011Q1

Data provided by the Brookings' MetroMonitor. Gross Metro Product and Home Prices are tracked from Trough to 2012Q2. Unemployment and Employment are tracked from Trough to 2012Q1..

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