in recovery mode<\/strong><\/a>, as lingering inflation and recessionary fears build, but the city is poised to withstand a national economic slowdown. Pent-up demand for automobiles has helped revitalize the metro\u2019s local economy. Rent movement was on par with the U.S. rate, down 0.3% on a trailing three-month basis through January, to $1,222, well below the $1,701 U.S. figure. Occupancy remained above the 95% mark, despite a 1.0% dip in the 12 months ending in December.<\/p>\n