Rankings of the nation”s 100 largest metro areas
The Brookings Institution’s Metro Monitor ranked Kern County #2 in the U.S. for economic recovery. Four indicators were used: jobs, unemployment, output (gross product), and house prices. The analysis of these indicators focused on change during three time periods: the recession, the recovery, and the combination of the two (recession recovery). The determination of each time period is place- and indicator-specific, with the recession for a given indicator being defined by the period from its metro-specific “peak” to its “trough” and the recovery being defined by the period from its “trough” to the fourth quarter of 2013.
Because of the time lag in data availability, the fourth quarter of 2013 is the most recent quarter of data included in this analysis. The “previous” ranking demonstrates what the ranking would have been as of the previous quarter of data.
Overall Rankings for Recovery