The Avenue
Louisville vs. Kentucky, No More
It’s game day. Kentucky’s two largest metro areas face off tonight as the University of Louisville Cardinals and the University of Kentucky Wildcats, of Lexington, go head-to-head in New Orleans in the final showdown before Monday’s NCAA championship game. READ MORE >>
Global Cities’ Success Isn’t A Zero-Sum Game
Two of the country’s best-known urban thinkers have a discussion underway at Atlantic Cities and New Geography about changes in the urban hierarchy brought along by globalization. It paints a picture of globalization as a zero-sum game in which one city’s growth comes at the expense—at least relatively—of another’s. They suggest that peaks—concentrated centers of population and prosper READ MORE >>
Election 2012: What the MetroMonitor Says
The G.O.P. primary struggle is finally beginning to wind down (though nobody seems to have told the candidates!) and predictably the commentariat is moving on toward big-picture macro predictions about the national election. READ MORE >>
Despite Slowdown, Manufacturing Still Important
The rebound of manufacturing jobs has been one of the bright spots of an otherwise sluggish economic recovery. The United States had 3.7 percent more manufacturing jobs in February 2012 than in February 2010, representing a more robust rate of growth than that for overall employment, which rose by only 2.7 percent during the same time period. The post-recession rebound of manufacturing employment has been a driver of economic recovery in a number of the nation’s major metropolitan areas, including several manufacturing centers. READ MORE >>
Did the Senate Kill Private Finance in Infrastructure?
The federal transportation reauthorization passed by the U.S. Senate earlier this month is notable for its (relative) bi-partisanship and for putting in place several key reforms. READ MORE >>
"Green Jobs:" Yes We <em>Can</em> Count Them
For those who’ve been following the “green jobs” story the release late last week of the federal government’s first official green goods and services count was probably a little anticlimactic. Nearly two years in the making, the one-year “snapshot” of so-called “green jobs” from the Bureau of Labor Statistics found that 3.1 million people, amounting to 2.4 percent of full-time workers, are employed in the production of goods and services that benefit the environment. READ MORE >>
Global Innovation: The Metropolitan Edition
It is increasingly well understood that cities are the primary location and mechanism of innovation and, in turn, prosperity (see “The Triumph of the City” or urban scaling). But which cities are the most innovative on earth? READ MORE >>
What Do Immigrants Do in America?
During economic hard times immigrants are often blamed for taking jobs away from U.S.-born citizens. This recession is no different in that regard. The many incendiary comments aimed at immigrants, especially those here illegally, bandied about the GOP primary reflect that as well. As job growth has picked up, however, a growing chorus of leaders is pushing for immigration policies that better meet economic demands and help the economy. READ MORE >>
Making it Here, Selling it There, Creating U.S. Jobs
The Great Recession forced U.S. companies to think in new ways about their growth and survival in the coming years. In 2010, the first year of the recovery, U.S. domestic demand remained sluggish, so American businesses looked for clients outside their borders, especially in emerging markets, where most global growth has been taking place in recent years. As a result, U.S. exports increased rapidly in the first year of recovery, by more than 11 percent in real terms, the highest growth since 1997. READ MORE >>
Reauthorize the Ex-Im Bank to Foster Exports
Exports are an important growth engine in the United States. Not only do they support millions of jobs in the nation. They also are a vital source of sales for revitalizing the manufacturing sector. READ MORE >>