After riding high due to a booming housing market over the past several years, the U.S. economy is feeling the pain of a housing slowdown.
The U.S. economy slowed to just a 2.5% growth rate, with the sluggish housing market taking a toll on consumer spending.
"As rising housing prices during the boom added to Americans’ sense of wealth and well-being â€" encouraging them to spend more on a variety of goods and services â€" the reverse could dampen sentiment and lead consumers to pull back on their purchases."
Read the full story: Housing Slows, Taking Big Toll on the Economy
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FREE Course: Walkable City 1: Why Walkability?
After describing his path towards focusing on walkability as the essence of good planning, Jeff Speck marches through his five principal reasons for making more walkable places.
Reinventing Malls: Planning Alchemy—Turning Gray Fields Into Gold
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City of Rosemead
Rutgers University, Edward J. Bloustein School of Planning and Public Policy
One Hundred Miles
University of Michigan School for Environment and Sustainability (SEAS)
Hunter College, City University of New York (CUNY)
The Architects Foundation
City of Cambridge
Montrose County
The Pocatello Development Authority