Report: Phoenix-area cities struggling to recover from economic downturn

PHOENIX — Some Phoenix-area cities are still struggling to recover from the 2008 economic downturn, a report said.

Financial website WalletHub reported, of the Phoenix area, Scottsdale has fared the best in its recovery efforts. While that may seem like good news, the city came in at 114th on the site’s list of cities that have turned things around.

Several other Valley cities helped round out the list: Gilbert (No. 120), Chandler (No. 121), Peoria (No. 129), Phoenix (No. 139), Mesa (No. 143), Tempe (No. 144) and Glendale (No. 146). Tucson made an appearance at 149th.

Overall, Lubbock, Texas is considered the best in the nation in terms of economic recovery. It was followed by Denver, Colo,; Corpus Christi, Texas; Anchorage, Alaska; and Houston, Texas.

The site used 17 different statistics to compile its list, but primarily cited two fields: employment and earning opportunities and economic environment. It used data from multiple federal agencies, along with real estate and credit websites.

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