{"id":14061,"date":"2012-12-20T08:00:18","date_gmt":"2012-12-20T15:00:18","guid":{"rendered":"http:\/\/stateimpact.npr.org\/idaho\/?p=14061"},"modified":"2012-12-20T10:39:17","modified_gmt":"2012-12-20T17:39:17","slug":"rising-home-prices-bolster-boises-economic-turnaround-report-says","status":"publish","type":"post","link":"https:\/\/stateimpact.npr.org\/idaho\/2012\/12\/20\/rising-home-prices-bolster-boises-economic-turnaround-report-says\/","title":{"rendered":"Rising Home Prices Bolster Boise&#8217;s Economic Turnaround, Report Says"},"content":{"rendered":"<div id=\"attachment_385\"  class=\"wp-caption module image left\" style=\"max-width: 300px;\"><a class=\"fancybox\" title=\"Storm clouds roil over downtown Boise.\" href=\"http:\/\/stateimpact.npr.org\/idaho\/files\/2011\/09\/9-22-Boise-Under-Clouds.jpg\" rel=\"\"><img decoding=\"async\" loading=\"lazy\" class=\"size-medium wp-image-385\" title=\"9-22 Boise Under Clouds\" src=\"http:\/\/stateimpact.npr.org\/idaho\/files\/2011\/09\/9-22-Boise-Under-Clouds-300x199.jpg\" alt=\"\" width=\"300\" height=\"199\" srcset=\"https:\/\/stateimpact.npr.org\/idaho\/files\/2011\/09\/9-22-Boise-Under-Clouds-300x199.jpg 300w, https:\/\/stateimpact.npr.org\/idaho\/files\/2011\/09\/9-22-Boise-Under-Clouds-220x146.jpg 220w, https:\/\/stateimpact.npr.org\/idaho\/files\/2011\/09\/9-22-Boise-Under-Clouds.jpg 500w\" sizes=\"(max-width: 300px) 100vw, 300px\" \/><\/a><p class=\"wp-media-credit\">Nicholas D. \/ Flickr<\/p><p class=\"wp-caption-text\">Clouds lift over Boise&#39;s downtown.<\/p><\/div>\n<p>Boise continues to rank near the top in a survey of 100 U.S. cities&#8217; economic recoveries.\u00a0 That&#8217;s thanks mainly to its<strong>\u00a0<\/strong>home price improvement since the depths of the downturn.<\/p>\n<p>The <a href=\"http:\/\/www.brookings.edu\/research\/interactives\/metromonitor#M14260-recovery-overall-nv\" target=\"_blank\">report<\/a>, published by The Brookings Institution, evaluates cities&#8217; economies as of the third quarter, from July to September of this year.\u00a0 It ranks Boise number five.<\/p>\n<p>Boise&#8217;s home prices have improved by 7.5 percent since their post-recession low point, the second best rate of home price improvement posted by any city included in the report.\u00a0 The city&#8217;s gross metropolitan product &#8212; better understood as its total output of goods and services &#8212; has grown by more than 9 percent.\u00a0 The city ranks 21st on that measure.\u00a0 <!--more--><\/p>\n<p>On the employment and unemployment measures, Boise doesn&#8217;t fare quite as well.<\/p>\n<p>While the city&#8217;s unemployment rate is more than two points below it&#8217;s post-recession high, it&#8217;s a rate of improvement that puts the city near the middle of the pack.\u00a0 Boise&#8217;s employment rate improvement is similarly unexceptional.<\/p>\n<p>A separate Brookings <a href=\"http:\/\/brookingsmtnwest.unlv.edu\/publications\/pdf\/Brookings-MountainMonitor-2012-Q3.pdf\" target=\"_blank\">report<\/a> that looks specifically at the Intermountain West says Boise is among the U.S. cities leading the way out of the economic downturn, but it also points out that employment flat-lined in the city in the third quarter.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Boise continues to rank near the top in a survey of 100 U.S. cities&#8217; economic recoveries.\u00a0 That&#8217;s thanks mainly to its\u00a0home price improvement since the depths of the downturn. The report, published by The Brookings Institution, evaluates cities&#8217; economies as of the third quarter, from July to September of this year.\u00a0 It ranks Boise number [&hellip;]<\/p>\n","protected":false},"author":46,"featured_media":385,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[12],"tags":[40,47],"acf":[],"_links":{"self":[{"href":"https:\/\/stateimpact.npr.org\/idaho\/wp-json\/wp\/v2\/posts\/14061"}],"collection":[{"href":"https:\/\/stateimpact.npr.org\/idaho\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stateimpact.npr.org\/idaho\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stateimpact.npr.org\/idaho\/wp-json\/wp\/v2\/users\/46"}],"replies":[{"embeddable":true,"href":"https:\/\/stateimpact.npr.org\/idaho\/wp-json\/wp\/v2\/comments?post=14061"}],"version-history":[{"count":1,"href":"https:\/\/stateimpact.npr.org\/idaho\/wp-json\/wp\/v2\/posts\/14061\/revisions"}],"predecessor-version":[{"id":14073,"href":"https:\/\/stateimpact.npr.org\/idaho\/wp-json\/wp\/v2\/posts\/14061\/revisions\/14073"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stateimpact.npr.org\/idaho\/wp-json\/wp\/v2\/media\/385"}],"wp:attachment":[{"href":"https:\/\/stateimpact.npr.org\/idaho\/wp-json\/wp\/v2\/media?parent=14061"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stateimpact.npr.org\/idaho\/wp-json\/wp\/v2\/categories?post=14061"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stateimpact.npr.org\/idaho\/wp-json\/wp\/v2\/tags?post=14061"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}