For much of the past decade, I was a proponent of the thesis that that the American economy had entered a “great moderation,” where expansions lasted longer and recessions were fewer, shorter and milder. Productivity had seemingly reached a permanently high plateau; inflation seemed tamed. The spreading of financial risk, across institutions and around the world, seemed to have reduced the odds of a crisis. read more »
I traveled to Nashville for the first time in 2007, spending most of my time in the downtown area. I posted my impressions here, noting the high growth and high ambition level as well as the fantastic freeways, but also the generally unimpressive development and built environment. read more »
The last 60 years of urban growth in the Mexico City area should dispel any belief that suburban dispersion is principally an American phenomenon or even limited to the high income world. Over the last 60 years, all of the population growth in what is now called the Valley of Mexico metropolitan area and urban area has occurred outside the urban core (See Map). read more »
With the release of results for over 20 states, the 2010 Census has provided some strong indicators as to the real evolution of the country’s demography. In short, they reveal that Americans are continuing to disperse, becoming more ethnically diverse and leaning toward to what might be called “opportunity” regions.
Below is a summary of the most significant findings to date, followed by an assessment of what this all might mean for the coming decade.
Point One: America is becoming more suburban. read more »
If you want to get a glimpse of the future of the U.S., check out Fort Worth, TX. Never mind the cowboy boots, but you might want to practice your Spanish.
Texas is growing explosively and much of that growth is among Latinos. The latest Census Bureau figures show the Lone Star State grew by 20%, to over 25 million people, recording about a quarter of the nation’s overall growth. read more »
Esperanza Spalding, winner of the best new artist award at this year’s Grammys, personifies the ethnic trends reshaping America. She is a fresh-faced 27-year old jazz bassist whose very name portrays her mixed ethnic and racial heritage as the daughter of an African-American father and a Hispanic, Welsh, Native American mother. Spalding first gained her deep interest in music watching French-born Chinese American classical cellist Yo Yo Ma on “Sesame Street,” a TV program that has perhaps contributed to ethnic acculturation in the U.S. as much as any other institution. read more »
The first Census results for Indiana were recently released, painting a picture of an increasingly metropolitan state. Indianapolis continues to be the growth champion as its strong economy attracted people from the rest of the state, as well as increasingly diverse populations. Although the core of Indianapolis fell well below expectations, its population did not fall like that of Chicago. In a switch from some other regions, the outer suburbs also lagged expectations while inner suburbs boasted a robust performance. read more »
Based upon the preliminary results of the South Korea 2010 census, Seoul has become the world's third largest metropolitan area. The jurisdictions making out the metropolitan area, the provincial level municipality of Seoul (which is the national capital), the province of Gyeonggi and the provincial level municipality of Incheon now have a population of approximately 23.6 million people. This is third only to Tokyo – Yokohama, which has a population of approximately 40 million and Jabotabek (Jakarta), which is approaching 30 million. read more »
The Census results are out for Illinois, and it's bad news for the city of Chicago, whose population plunged by over 200,000 people to 2,695,598, its lowest population since before 1920. This fell far short of what would have been predicted given the 2009 estimate of 2,851,268. It's a huge negative surprise of over 150,000, though perhaps one that should have been anticipated given the unexpectedly weak numbers for the state as a whole that were released in December. read more »
Throughout much of history, cities have served as incubators for upward mobility. A great city, wrote René Descartes in the 17th century, was “an inventory of the possible,” a place where people could lift their families out of poverty and create new futures. In his time, Amsterdam was that city, not just for ambitious Dutch peasants and artisans but for people from all over Europe. Today, many of the world’s largest cities, in both the developed and the developing world, are failing to serve this aspirational function. read more »