The Scranton Times reported recently on findings by the Brookings Institution that the Scranton/Wilkes-Barre/Hazleton metropolitan area ranks in the top 40, economically, among the nation’s 100 largest metro areas.
The Scranton/Wilkes-Barre/Hazleton metro ranked 22nd nationwide in the first quarter report which measures employment, economic activity, housing prices and home foreclosures. While Brookings eliminated ordered rankings for the second-quarter report, the Greater Scranton metro placed in the top 40.
According to the Times, the Scranton/Wilkes-Barre/Hazleton metro continued its strong showing in the housing sector into the second quarter, ranking seventh in bank-owned properties and 15th in annual housing-price growth. Our region also placed 34th in gross metropolitan product which measures the value of goods and services produced.
Tags: brookings, economy, Rediscover Scranton, scranton
