Vincent Fernando of The Business Insider writes:
Brookings’ latest December Metro Monitor makes it clear why Americans may be extremely divided on the strength of the economic recovery — America is a large, diverse country and not every metropolitan area is recovering at the same rate.
There is a huge disparity in terms of economic performance by region. Check out the table below, it shows one measure of local economic activity, Gross Metropolitan Product (GMP). This is basically a city’s GDP.
The information above shows that the economy is growing in certain cities, for instance Austin, Baltimore and Huston.
Other cities, such as Allentown and Cape Coral, face a far gloomier economic situation.