NEW ORLEANS (AP) — New Orleans' economic recovery continues to steadily improve, though not quite as quickly as it was moving three months ago.
The Times-Picayune reports (http://bit.ly/19IFOUV ) a study released Wednesday by the Brookings Institution ranked the city sixth in its recovery rate among the nation's 100 largest metropolitan areas -- down from a fourth-place ranking in July.
Despite the rosy outlook, New Orleans remains a difficult economy to track. When the Great Recession struck much of the country in 2008, southeast Louisiana felt relatively little effect mostly because it was three-years deep in federal aid and its recovery from Hurricane Katrina.
The Washington think-tank based its quarterly findings on four indicators of each city's economic condition: jobs, unemployment rates, production and the regional housing market.
Information from: The Times-Picayune, http://www.nola.com
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