The Hoyt Organization on LinkedIn

Wednesday, June 27, 2012

America's Richest Cities, 1978 and Now

In many ways, the contemporary history of America's economy is really a story about cities. Metro areas rise and fall with each generation, buoyed or sunk by the industries and trends that support them.
The chart below, from the McKinsey Global Institute, does a beautiful job telling that story. On the left, we have the top 30 U.S. metro areas ranked by real GDP as of 1978. On the right, the top 30 for 2010. That cross-hatch of red and blue lines shows just how much churn there has been in the economy. But I think there are three main trends to take away from this.

Friday, June 22, 2012

Americans Want More City Planning

Americans Want More City Planning

What's most important to economic development in your community? Better transit, thriving local businesses, more affordable housing?
Community plans are a key component in bringing those ideas to life. According to a new pollfrom the American Planning Association, Americans agree. Two-thirds of the 1,300 Americans surveyed said that their community needs both planning and market forces to improve its economic situation.

To read the full story online, click here.