Economics

Out in the rolling country just east of Columbus, Ohio, a new—and potentially brighter—American future is emerging. New factories are springing up, and, amid a severe labor shortage, companies are recruiting in the inner city and among communities of new immigrants and high schoolers to keep their plants running.  read more »

My monthly deep dive newsletter will be out next week and looks at one of the gaps in our society’s thinking about femininity. In preparation for that, I wanted to highlight again the way that conservatives have failed to account for the impact of industrialization on the household in their thinking about gender roles.  read more »

The growing likelihood of recession, at best sharply lower growth and maybe 1970s-style stagflation, seems likely to further accentuate the class and political divisions already rubbed raw by the pandemic and a global supply crisis.  read more »

Demographia United States Housing Affordability rates middle-income housing affordability, using the median multiple, a measurement of income in relation to housing prices, or 189 major markets (metropolitan areas) for the third quarter of 2021.  read more »

America is suffering from a worker shortage, but a more persistent and perhaps even urgent problem is the profound lack of skills among younger Americans.  read more »

Transit ridership in April 2022 was 58.7 percent of April 2019, according to data released yesterday by the Federal Transit Administration. This is down from March  read more »

Over five millennia, urban centers have been drivers of civilization and progress, and have adapted in ways that have changed their form and function but assured their survival. Today, they are about to undergo another critical transition that will determine their relative position in the decades ahead.  read more »

Hipsters sitting in an apartment in Silicon Valley or on the wharf in Boston can code a new restaurant-reservation app or pixelize a new video game with knockoff characters from Game of Thrones. But it takes someone who knows their way around a power tool to geofence a concrete rotary hammer or to automate a factory-floor process for making a sewer cleaner.  read more »

Back in 2014 I was in the live audience here in San Francisco listening to Tony Hsieh speak. He gave a presentation that was partly about the formation of his company Zappos. But more interestingly to me, it was about his attempts at urban revitalization in downtown Las Vegas where his company had relocated.  read more »

Nowhere is better suited for flights of fancy than California, a place of miraculous growth and remarkable innovation. A backwater barely a century ago, with just over 3 million residents compared to nearly 40 million today, the Golden State has established pre-eminence over everything from agriculture and film to space travel and the internet.  read more »