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Pittsburgh one of three cities to come back after recession

Three and a half years since the 2007-09 economic recession ended, only three major U.S. metropolitan areas are experiencing an economic recovery, according to the Brookings Institution, reports Reuters.

"The Washington-based research group has also deemed Dallas and Pittsburgh in recovery after analyzing their employment levels and gross domestic product per capita.

The United States has the most major metropolitan economies of all countries - 76 - according to an annual report on the 300 largest metropolitan economies worldwide that Brookings released on Friday.

"It was still better than last year when the U.S. had no metro recoveries," Brookings Associate Fellow Emilia Istrate said.
Istrate said the three cities had two features in common: strong local services such as healthcare, and business and financial services that cater to specific industries."

Read the full story here.
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