Baltimore area 'partially recovered' from recession

Brookings: Region's performance is 179th among the 300 largest metros in world

November 30, 2012|By Jamie Smith Hopkins, The Baltimore Sun

Baltimore's economic performance over the last year ranks it 179th among the 300 largest metropolitan economies worldwide, according to a new report that describes the region as "partially recovered" from the last recession.

The Brookings Institution's Global MetroMonitor study, to be released today, looked at growth in employment and gross domestic product in metro areas internationally. Only two of the country's large metro areas cracked the top 50 — Houston and San Jose — and just three (Dallas, Knoxville and Pittsburgh) have fully recovered from the sharp recession.

Though the Baltimore area hasn't recovered yet, its performance in the last year is on par with Pittsburgh, No. 175 on the list. Baltimore topped most of the large metro areas nearby, including Richmond (No. 199), Washington, D.C. (No. 213) and Philadelphia (No. 240).

jhopkins@baltsun.com

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