Boomtowns Lag in the Recovery


All cities are not created equal - some are healing from the recession much faster than others, according to the third quarter MetroMonitor report from the Brookings Institution.

For example, if you lived in Omaha, Neb. or Council Bluffs, Iowa, you'd be enjoying an unemployment rate of less than 5 percent. But for Stockton, Calif. residents, unemployment is at a depressing 15 percent.

What makes the difference between the winners and the losers in this tough economy?