The 10 Worst-Performing Cities in America
We brought you the good news with a list of America’s best-performing cities. Now, we’re bringing the bad news.
One of America's favorite playgrounds tops the list with 12.7% unemployment, employment down 13.1% from peak, home prices down 64.8% and gross metro product down 12.1%.
Two of the most desirable states for weather and scenery, California and Arizona, follow close behind. Cities in Arizona, along with cities in the devastated Rust Belt are also on the list.
Read on to see if your hometown made our list of the worst-performing cities in America...
#10 -- Modesto, California
#9 -- Fresno, California
#8 -- Phoenix, Arizona
#7 -- Sacramento, California
#6 -- Palm Bay, Florida
#5 -- Stockton, California
#4 -- North Port, Florida
#3 -- Cape Coral, Florida
#2 -- Riverside, California
Employment: Down 10.5% from peak
Gross metro product: Down 6.3% from peak
Home prices: Down 54.5% from peak
Fourth quarter data provided by the Brookings' MetroMonitor.
Photo courtesy of open(this.href, '', 'resizable=no,status=no,location=no,toolbar=no,menubar=no,fullscreen=no,scrollbars=no,dependent=no'); return false;">Flickr/Danorth1.