Category: Research

Eds & Meds in the Transformation of Industrial Cities

By: Marian Kansas, Consultant

Alan Mallach’s book The Divided City: Poverty and Prosperity in Urban America explores the rise and fall of America’s industrial cities. For us, it was an illuminating read on economic development, especially as Avalanche is advising communities across the Rust Belt.

We were especially interested in the chapter “From Factories to Eds and Meds.” Cities with rich histories like Baltimore, Cleveland and Pittsburgh have been able to weather the difficult transition in part because of their strong higher education and healthcare sectors (“eds and meds”).

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How to Make Incentives Work

It’s no secret that while incentives can be effective, they may not always be the smartest move for your community. Infamous deals (like Foxconn) have led researchers to wonder how we can make incentives truly work for communities.

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New Census Data Finds Millennials Moving to the Suburbs

Census data released last week finds that urban growth is slowing down, and the millennial population is increasingly leaving big cities for suburbs or smaller metros.

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Which 20 Metros are Gaining and Losing the Most Young Professionals? (…and the Reason Why)

By John Rees, Research Director

During the past decade, talent has become the most important drivers of economic vibrancy. Regions such as Austin and Seattle are rock star metros thanks in part to their ability to provide employers with seemingly endless pools of smart young professionals. Having a growing pool of talent is especially important in an era when labor is scarce and more difficult to attract. The US unemployment rate remains near a historic low, and the proportion of Americans who move each year has fallen by approximately 50% over the past 40 years.

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Which is Better: Place-Based Policies or People-Based Policies?

Research finds merit in both place-based policies, economic policy that improves the economy of a location, and people-based policies, economic policy that helps people move to more prosperous areas with better jobs and quality of life. But which is more effective?

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Data Reveals Positive Trends Despite Income Inequality

Income inequality in American has grown over the past few decades, but new data is showing signs of recovery for low-income and working-class Americans.

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