Phoenix among top 5 for economic growth in US metros

Jun 28, 2012, 6:34 AM | Updated: 6:34 am

A report said that the Phoenix metro area has the fifth-strongest economy in the nation.

According to the Phoenix Business Journal, the Brookings Institute report said the big factor in Phoenix is the recovering housing market. Brookings is an independent research and policy institute based in Washington.

Phoenix ranked second in the nation for housing prices, despite a slight falloff.

Many cities in the western United States performed better than other areas of the nation.

Earlier this year, Phoenix came in ninth on the same list.

We want to hear from you.

Have a story idea or tip? Pass it along to the KTAR News team here.

Arizona News

(Arizona Humane Society Photos)...
Danny Shapiro

Meet the Arizona pooch taking part in Animal Planet’s Puppy Bowl

Phoenix, a Cairn Terrier mix who was rescued by the Arizona Humane Society last year, will represent Team Fluff against Team Ruff.
19 hours ago
A 1989 Ferrari F40 sold for $2.75 million at the 2023 Barrett-Jackson collector auction in Scottsda...
Kevin Stone

4 cars sell for over $1M at 2023 Barrett-Jackson auction in Scottsdale

Four cars sold for more than $1 million during the 2023 Barrett-Jackson collector auction in Scottsdale, with a Ferrari driving away with the biggest haul.
19 hours ago
(Pexels Photo)...
KTAR.com

Rain forecast to hit Phoenix as early as Monday evening

Rain up to a quarter of an inch could be coming to Phoenix as early as Monday night, according to meteorologists.
19 hours ago
(AP File Photo/Geneva Heffernan)...
Associated Press

Valley woman among 3 killed in shooting at Los Angeles rental home

Three women, including one from Buckeye, were killed in a weekend shooting at a short-term rental home in an upscale Los Angeles neighborhood.
19 hours ago
(Facebook File Photo/Phoenix Police Department)...
Kevin Stone

2 Phoenix officers accused of excessive force won’t face criminal charges

No criminal charges will be filed against two Phoenix officers accused of using excessive force during an arrest caught on video last year.
19 hours ago
(Facebook Photo/Jeff DeWit)...
KTAR.com

New chair of Arizona Republican Party Jeff DeWit says he’ll help candidates he disagrees with

The new chair of the Arizona Republican Party said Monday he was going to focus on getting candidates into office even if he doesn't share some of their beliefs.
19 hours ago

Sponsored Articles

(Pexels Photo)...

Sports gambling can be fun for adults, but it’s a dangerous game for children

While adults may find that sports gambling is a way to enhance the experience with more than just fandom on the line, it can be a dangerous proposition if children get involved in the activity.
...
Day & Night Air Conditioning, Heating and Plumbing

Prep the plumbing in your home just in time for the holidays

With the holidays approaching, it's important to know when your home is in need of heating and plumbing updates before more guests start to come around.
(Desert Institute for Spine Care photo)...
DESERT INSTITUTE FOR SPINE CARE

Why DISC is world renowned for back and neck pain treatments

Fifty percent of Americans and 90% of people at least 50 years old have some level of degenerative disc disease.
Phoenix among top 5 for economic growth in US metros