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"Attached" to Urban Economic Growth

Posted by: Michael Dudley

30 September 2009 - 10:00am

A new study suggests that cities for which residents have a higher degree of emotional attachment and loyalty have greater levels of economic growth.

In a recent study (the findings of which won't be news to readers of Richard Florida's work), researchers found that:

"perceptions of economic prosperity are not the leading drivers of attachment feelings among residents. Instead, most of the 14,000 respondents rated social offerings (such as entertainment and other venues that promote interconnectivity among residents), openness (acceptance of diversity) and community aesthetics as the top qualities that influenced decisions on where to anchor their lives and careers."

Those cities in the study that were able to inspire such attachment were also those leading in economic growth, the study found.

Full Story: Home is where the heart is – and the money, too
Source: The Globe and Mail, September 29, 2009
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Despite its small size, San Pierre was once a thriving community. It was home to more than 34 different businesses, and was surrounded by farmland and people gainfully employed in agriculture, retail sales, banking or other service industries.
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