The Brookings Institute has just released it's third edition of the Global MetroMonitor, which analyzes 2011-2012 data on GDP per capita and employment change, among other factors, for the world’s 300 largest metropolitan economies. These 300 metropolitan areas account for nearly one-half of global output but contain only 19 percent of the world population.  According to the recent figures, among the world’s 300 largest metropolitan economies, only three of 76 U.S. metro areas had fully recovered from the Great Recession in 2012, while 20 of the nation’s largest metro areas lost ground. Those that have recovered are Dallas, Knoxville, and Pittsburgh.  Noted in the study, most metro areas in the developing Asia-Pacific and Latin America regions suffered no recession over the last five years or have fully recovered. Large metro economies in China performed exceptionally well, holding 13 of the top 20 spots on this year’s economic performance index.

Access the full report--Global MetroMonitor 2012: Slowdown, Recovery, and Interdependence--from the Brookings Institute website.