Maybe it’s that reporters don’t like malls. After all they tend to be young, highly urban, single, and highly educated, not the key demographic at your local Macy’s, much less H&M.
But for years now, the conventional wisdom in the media is that the mall—particularly in the suburbs—is doomed. Here a typical sample from The Guardian: “Once-proud visions of suburban utopia are left to rot as online shopping and the resurgence of city centers make malls increasingly irrelevant to young people.” read more »
Working at home, much of it telecommuting, has replaced transit as the principal commuting alternative to the automobile in the United States outside New York. In the balance of the nation, there are more than 1.25 commuters who work at home for each commuter using transit to travel to work, according to data in the American Community Survey for 2013 (one year). When the other six largest transit metropolitan areas are included (Los Angeles, Chicago, Philadelphia, Washington, Boston and San Francisco), twice as many people commute by working at home than by transit. read more »
In the aftermath of the Baltimore riots, there is increased concern with issues of race and opportunity. Yet most of the discussion focuses on such things as police brutality, perceptions of racism and other issues that are dear to the hearts of today’s progressive chattering classes. Together they are creating what talk show host Tavis Smiley, writing in Time, has labeled “an American catastrophe.” read more »
This is the overview from a new report, Best Cities for Minorities: Gauging the Economics of Opportunity by Joel Kotkin and Wendell Cox for the Center for Opportunity Urbanism. Read the full report here (pdf viewer).
This study provides an initial analysis of African-American, Latino and Asian economic and social conditions in 52 metropolitan regions currently and over the period that extends from 2000 to 2013. Our analysis includes housing affordability, median household incomes, self-employment rates, and population growth. Overall, the analysis shows that ethnic minorities in metropolitan regions with significant economic growth and affordable housing tend to do better than in other locations irrespective of the dominant political culture. read more »
The California Department of Finance (DOF) has issued population projections for the state’s counties to 2060. Forecasts are provided for every decade, from a 2010 base. The DOF projects that the the state will grow from 37.3 million residents in 2010 to 51.7 million in 2060. This is a 0.7 percent annual growth rate over the next 50 years. read more »
One unique aspect of Baltimore is that it is a so-called “independent city” that is not part of any county. Because of this, migration data from the IRS allows us to look specifically at the city of Baltimore. So I wanted to take a quick look at migration between Baltimore and its suburbs.
As you might expect, there’s been a net outflow of people from the city for quite some time. From 1990 to 2011 (the most recent year the IRS has released), Baltimore lost almost 151,000 people on a net basis to its suburbs. Here’s the chart: read more »
Portland has been among the world leaders in urban containment policy. And, as would be predicted by basic economics, Portland has also suffered from serious housing cost escalation, as its median multiple (median house price divided by median household income) has risen from a normal 3.0 in 1995 to 4.8 in 2014. read more »
The rioting that swept Baltimore the past few days, sadly, was no exception, but part of a bigger trend in some of our core cities towards social and economic collapse. Rather than enjoying the much ballyhooed urban “renaissance,” many of these cities are actually in terrible shape, with miserable schools, struggling economies and a large segmented of alienated, mostly minority youths. read more »
The United States has 53 mid-sized metropolitan areas, with populations from 500,000 to 1 million. These metropolitan areas together had a population of nearly 38 million in 2014, according to the most recent Census Bureau population estimates (Table). In number, they match the 53 major metropolitan areas (over 1 million population), though they have only one fifth of the population (178 million). read more »
As demographers have projected for some time, China's population growth is slowing. The nation gained population at a rate of 0.49% between 2010 and 2013, according to data from the National Bureau of Statistics. This is a reduction from the rate of 0.57% between 2000 and 2010. Further growth rate declines are expected until the 2030s when the total population, according to United Nations projections, will actually begin to decline. read more »