A study released this week by the Bay Area Council Economic Institute and CBRE's Tech Insights Center found that two Bay Area cities—San Francisco and San Jose—are close to the bottom of 25 US metros the group ranked for their economic recovery from the pandemic.
The Economic Institute, a public policy think tank focused on economic issues facing San Francisco and Silicon Valley, compared the 25 largest metros, evaluating their recoveries based on 15 metrics, including jobs, investment, economic activity—and affordability—as well as the number of people who migrated out of the metro during the pandemic.
In what it is calling a Regional Economic Recovery Index, the think tank ranked Austin, Dallas, Denver, Tampa and Miami as the top five metros, respectively, with the strongest recoveries.
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