Regional Economic Performance and Industrial CompositionAbstractDuring the last 25 years or so, major urban areas in the United States have experienced dramatic changes in their economic, demographic, and social structures. The inner cities have seen both jobs and people move to the suburbs; the nature of jobs in urban areas has changed with the decline in manufacturing and the rise of services. Advances in telecommunications and changes in the usage of various transportation modes have redefined the relevant region for urban areas; and the economic and fiscal linkages between the inner city and suburbs have become frayed. In this article we provide a regional economic context for understanding the prospects and challenges facing urban areas in the next several years.Regional Economic Performance and Industrial Composition (*.pdf, 48 KB)
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