Document Type

Newsletter

Publication Date

6-30-2013

Publisher

Brookings Mountain West

First page number:

1

Last page number:

10

Abstract

Economic recovery gained strength across the major metro areas of the Mountain West in the first quarter of 2013. Multiple metro areas achieved long-awaited full employment recoveries in the first quarter and regional production surpassed pre-recession levels of output for the first time. The region’s strong housing rebound continued to be a boon. Additionally, a special supplement to the Monitor shows that the healthcare sector has been an outsized contributor to recovery throughout the region. Despite progress on multiple fronts, though, many Mountain metro areas remain scarred with high unemployment rates, severely depressed house prices, and daunting jobs deficits.

Keywords

Economic development; Housing – Prices; Metropolitan areas – Economic aspects; Recessions; Southwest (U.S); Unemployment

Disciplines

Economic Theory | Growth and Development | Health Economics | Public Affairs, Public Policy and Public Administration | Real Estate | Work, Economy and Organizations

Language

English