Growth Does Not Equal Productivity
Richard Florida writes that population growth and wealth do not go hand in hand -- wealth comes from improvements in productivity. In fact, some of the areas with the biggest leaps in population are suffering real declines in wealth.
Cities that you might not expect, writes Florida, have seen increases in productivity and wealth, such as Sioux Falls, South Dakota and Des Moines, Iowa:
"Even Frostbelt metros like Buffalo, Baltimore, Philadelphia and Pittsburgh, whose very names have become bywords for decline, registered productivity gains of between 7 and 10 percent. But the five metros with the fastest population growth all saw their productivity decline. Palm Coast, Florida's dropped a whopping 18 percent, the fourth worst figure in the nation."
Florida's blog features maps that tell the story.
Full Story:
Published on Saturday, April 9, 2011 in
- Tiny Home Village to Close Amid Controversy in Seattle
- A New, Old Transit Station in Philadelphia
- Vancouver Launches a New Citywide Planning Process
- An Ambitious Approach to Planning a Small Texas City
- 2,000 Units of Privately Funded Affordable Housing Approved for Queens
- Local Leaders Press Massachusetts for New Sources of Transportation Funding
- Flood Barrier Approved for Manhattan's East Side
- To Reduce Carbon Emissions, Focus on Existing Buildings
- Pittsburgh to Oakland BRT Making Planning Progress
- A Surprising Lack of Geographic Knowledge
- Friday Funny: A Font Made From the Maps of Congressional Districts
- Mobility as a Service Technology Will Not Solve the Country's Transportation Problems
- Key Planning Details of the Proposed $1.9 Billion Rail Bridge Between D.C. and Virginia
- L.A. Crafting Legislation for 'Anti-Displacement Zones'
- Human Waste as a Climate Solution
- Seasoned Developer Opines on California’s Housing Crisis
- No Cars Allowed: Arizona Multi-Family Development Tests the Market for Car-Free Living
- Uber Could Record Rides in the U.S.
- Saying 'No' to Development in Climate Risk Areas
- Recoupling Planning and Landscape Architecture
