Economic Crisis

Philly Suburb Cities Feeling the Pinch

Townships surrounding Philadelphia have managed to survive the recession until now, but city coffers are now going into the red and cities are being forced to take action.
13 October 2009 - 8:00am
The Philadelphia Inquirer

Banks Holding On To Toxic Real Estate Assets

The Congressional Oversight Committee tasked with looking into the economic crisis says in a new report that there is a continuing risk of banks holding onto troubled assets, including real estate. Minnesota Public Radio talks to noted experts.
14 August 2009 - 5:00am
Minnesota Public Radio

Reset America

Author Kurt Andersen's new book describes the last three decades as a period of wanton growth, from homes to waistlines. He sees the economic bust as a way to return sanity and size appropriateness.
29 July 2009 - 5:00am
Boing Boing

Turning Unbuilt Project Sites Into Open Space

DeLuca Homes planned to build condos in Bucks County, PA- until the bottom fell out of the market. Now they're one of many developers cutting deals with governments to create open space.
28 January 2009 - 9:00am
Center for Public Integrity

California Towns Bailout Car Dealerships

Too important to fail? Victorville and Norco, CA have approved loans to local car dealers to keep them afloat.
27 January 2009 - 10:00am
The Wall St. Journal

Nearly the End of the Line for S.U.V.’s

The last S.U.V.s rolled off the assembly line at General Motors' plants in Janesville, Wisconsin and Moraine, Ohio, victims of both the economic crisis and the plummeting market for gas guzzlers.
29 December 2008 - 7:00am
The New York Times

Remade as a Retail Mecca, Emeryville Falters

Emeryville, CA is a success story of redevelopment. City leaders transformed a decaying industrial area into a booming retail landscape. But with the economic downturn, locals are questioning the wisdom of basing the city on retail.
23 December 2008 - 1:00pm
The New York Times

Incentivizing Developers In A Slump

How should cities incentivize developers in a down market? And should they? William Fulton reflects on the price cities will pay to get new buildings, and if it is worth it.
9 December 2008 - 7:00am
Governing Magazine

NEWS SUMMARY: Cities Cutting Back

4 December 2008 - 5:00am

The Year Without A Santa Claus

Cities facing budget cuts are cutting back on Christmas decorations and events. Has the Grinch stolen Christmas?
11 November 2008 - 10:00am
The Wall St. Journal

Credit Crisis May Force Metro to Pay Millions

Metro and 30 other transit agencies across the country may have to pay billions of dollars to large banks as years-old financing deals unravel, potentially hurting service for millions of bus and train riders, transit officials said yesterday.
28 October 2008 - 6:00am
Washington Post

Crises Come And Go, But Smart Policies Live on

Fri, 10/17/2008 - 08:07

A recent report that I coauthored, "Managing Transport Challenges When Oil Prices Rise" provides practical policy guidance on how to manage the risks of rising oil prices by increasing transport system efficiency. People with short attention spans might think that this report is already outdated, since global financial uncertainty has replaced rising fuel prices as the crisis-of-the-month. Leading businesses are bankrupt, employees are frightened, consumers are cautious, and fuel prices plummeting.

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