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Richard Florida

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Large Metros Have Generated the Lion's Share of Employment Since the Great Recession

October 20, 2014 The fallout from the Great Recession continues to reset America’s economic geography. Larger, denser metros have performed considerably better, according to arecent analysis that charts metro employment growth since the economic crash. The study, by Josh Lehner of the Oregon Office of Economic Analysis, used county-level jobs data to compare ...

Chinese Science Still Lags Behind U.S., Europe

October 14, 2014 FROM NEXTGOV arrow Much is made of China’s rise as the world’s next great power. China is forecasted to surge past the United States as the world’s largest economy by 2024, according to analysis by JPMorgan Chase & Co. And according to a recentstudy, China has already nearly eclipsed the United States and ...

A Compelling Plan for a More Inclusive San Francisco

October 9, 2014 At the same time that they're making a comeback, America's cities are becoming more economically divided, facing a new set of profound challenges. The San Francisco Bay Area metro in particular has seen a powerful influx of talent and tech investment, pulling startups and venture investment away from even Silicon ...

A Conversation With Detroit Mayor Mike Duggan

October 1, 2014 “Every neighborhood has a future” was Detroit Mayor Mike Duggan’s campaign slogan when he ran for office in 2013. Now, just a few months into his tenure, it’s clear that his message—one that spat in the face of Detroit’s bankruptcy, its curtailed social services, and its high crime rate—will be ...

Singles Now Make Up More Than Half the U.S. Adult Population. Here's Where They All Live

September 15, 2014 The United States is now a nation of singles. Single people make up just over half of all American adults for the first time since statistics have been collected, according to a study reported by Bloomberg last week. But which states and metros have the highest and lowest shares of ...

Reno Won Tesla's Gigafactory. Was It Worth It?

September 8, 2014 Reno, Nevada, won Tesla’s new $5 billion Gigafactory, doling out a reported $1.25 billion in incentives to seal the deal. “The Gigafactory will mean nearly $100 billion in economic impact over the next 20 years,” Governor Brian Sandoval said in his announcement Thursday. The company’s decision comes after a five-state ...

The Best Job Markets for Young College Grads Now

September 1, 2014 Summer has waned and people are heading back to school or back to work. But for relatively recent college graduates whose careers were essentially put on hold by the Great Recession, the end of summer is time to redouble their job search. A March 2014 report by the Education Department’s ...

The Roller-Coaster Economies of Vacation Towns

August 27, 2014 Labor Day, the unofficial end of summer, is right around the corner. As we head back to school or back to work, stuffing bathing suits in hard-to-reach drawers, it's a good time to ask: what does the end of tourist season mean for cities and metros that rely on tourism ...

Mapping America's New Economy in Construction Permits

August 20, 2014 Here’s a map of America’s new economic geography as seen through construction permits from our friends at Trulia. It shows 2014 construction permits compared to their historical norms. Construction permits are a leading indicator of where growth is occurring and will continue to occur. Permits are way up in the ...

Where the Great Recession Made Inequality Worse

August 4, 2014 The most troubling reality of America’s ongoing economic recovery has been just how differently the recession and recovery have played out for the wealthiest households and for everyone else. The rich are getting richer, and income inequality is growing. In 2012, the top 10 percent took home more than half ...