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As More 'Superstar' Cities Emerge, the Gap With Other Cities Grows

Some cities, like Nashville, have been keeping pace with the economic growth of more internationally renowned cities like San Francisco and Seattle.
July 22, 2019, 6am PDT | James Brasuell | @CasualBrasuell
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Sean Pavone

Writing for Reuters, Howard Schneider cites Nashville as its case study in an examination of the economic performance of cities in an era defined by haves and have-nots.

According to article Nashville is an example of how some winners in the post-recession economic landscape have emerged from a new list of cities, not including familiar superstar cities like San Francisco or New York. The problems are that the reasons behind Nashville's success can't necessarily be duplicated (i.e., there was luck involved with Nashville's winning) and many cities are increasingly left behind the cities that are basking in success.

The divide between experiences in U.S. cities (a divide documented between urban and rural settings as well) helped elevate Donald Trump the White House, according to the article, and the continuing trend worries bankers and economists about the long-term prospects for recovery in some parts of the country.

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Published on Friday, July 19, 2019 in Reuters
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