The map below classifies the 100 largest metro areas into 5 categories (quintiles), based on their average rank across a series of four indicators: employment change; unemployment rate change; gross metropolitan product change; and housing price index change. Metropolitan economic performance has varied greatly among the top 100 largest metropolitan areas during the recovery.
The maps below display recent changes in employment for each of the 100 largest metro areas, and changes in employment from each metro area’s trough employment quarter to the most recent quarter, measuring the extent of employment recovery since the employment low point.
The maps below display, for the 100 largest metro areas, the: (a) percentage of the labor force that is currently unemployed (not seasonally adjusted) in the last month of the most recent quarter; (b) change in the unemployment rate from the same month four years ago; and (c) change in the unemployment rate from the same month two years ago (the same month is used in change calculations to account for seasonality).
The maps below display recent changes in gross metropolitan product (GMP)—the total value of goods and services produced—for each of the 100 largest metro areas, and GMP change from each metro area’s trough GMP quarter to the most recent quarter, measuring the extent of GMP recovery since the low point.
The maps below display, for the 100 largest metro areas, the: (a) change in the Federal Housing Finance Administration’s House Price Index—which measures the prices of single-family properties whose mortgages have been purchased or securitized by Fannie Mae or Freddie Mac—from the trough quarter to the most recent quarter; and (b) change in the Federal Housing Finance Administration’s House Price Index from the previous quarter to the most recent quarter.