Recession Close to Over in Buffalo, Experts Say ; Survey of Metro Areas Cites Jobs, Housing

Summary

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The recession may be close to over in the Buffalo Niagara region, researchers from the Brookings Institution said in a report released today.

With the region's job market showing signs of stabilizing and the region's home prices rising modestly, the Buffalo Niagara region could be on the cusp of beginning its recovery from the recession, the Brookings researchers said.

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Recession Close to Over in Buffalo, Experts Say ; Survey of Metro Areas Cites Jobs, Housing

"Steady if not yet growing employment and increasing output, along with rising home prices, provides some indication that Buffalo, too, could be on the road to recovery," the researchers said in their quarterly report of ec...

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