9/11 And The Economic Prospects Of Major U.S. Cities

"Drawing on research and media reports, this article provides an overview of the immediate and likely longer-term urban impacts of the September 11, 2001 terrorist attacks. In so doing we highlight three specific post 9/11 threats to the future prosperity of large U.S. cities and metro areas: (1) constraints on international commerce, (2) immigration and foreigner entry reform policies, and (3) re-evaluations of location risks by corporate leaders, their employees, and the insurance industry. We conclude with reflections on the implications of these post-9/11 developments for employment deconcentration, urban commercial real estate markets, and the economic competitiveness of major cities."

Thanks to Chris Steins