For most areas of the country, recovery from the Great Recession will be long and slow, but some metro markets are coming out of the doldrums faster than others.
Unfortunately, Knoxville is not among the fast movers. Knoxville is where it usually is — smack in the middle, according to the Brookings Institution’s March MetroMonitor report.
To illustrate, K-town ranks 45th in unemplopyment rate, 50th in percentage point change in the jobless rate from a year ago and 63rd in change of Gross Metropolitan Product from the peak in 2008 second quarter.
In the Brookings rankings, a rank of 1 is the best and 100 is the worst.
Check out Brookings’ Knoxville profile here.