64 Charting a Course for the Future Section Review
It'due south been a decorated couple of weeks for people who follow the demographics and economics of cities. Last calendar week, the US Census Agency released the local area population counts from the 2022 decennial census, and a number of interesting facts jumped out from the data.
- We grew slowly, as the The states population grew at its slowest charge per unit over the past decade since the Depression era of the 1930s.
- We got older, as adults grew at a faster charge per unit than children, highlighting longer life spans and declining fertility.
- We got more diverse, as the share of white lone not-Hispanic population declined from 64% in 2010 to 58% in 2020. All other racial and indigenous groups grew in population over the past decade.
- We clustered more in cities and metropolitan regions, as the population of United states of america metro areas grew by ix% over the by decade, while the population of United states of america micro areas grew past 1%. All ten of the largest cities in the US grew in population, with merely Los Angeles and Chicago growing by less than v%.
Meanwhile, we've seen the impacts of the COVID-19 pandemic go on to buffet cities and communities all effectually the country. Spring optimism for recovery has turned into caution as the Delta variant and vaccination resistance has led to a resurgence in Covid cases and rapidly filling hospitals, particularly in cities and states with low vaccination rates. Plans for a return to something like normal afterward Labor Day are being reconsidered, as function reopening plans are beingness delayed or modified, conferences are being canceled or postponed, and vaccine and mask mandates are existence put in place to reduce chance to employees and customers and let for continuation of reopening plans. While the stride of economic recovery has been stronger than expected, due in part to federal and state stimulus efforts and increased vaccination levels in many parts of the country, the impacts of the past eighteen months are nevertheless being felt, as employers struggle to keep or detect employees, supply chains accept been disrupted, and tourism struggles to get dorsum to its pre-pandemic blast times.
And in Washington, we are seeing Congress continuing to push forward on a ii rail path of "infrastructure" with the bi-partisan "hard" infrastructure bill providing over $550 billion in new spending for roads, bridges, transit, broadband and water/stormwater improvements, amidst others. The larger, $iii.5 trillion Upkeep reconciliation neb, focuses on "human" infrastructure, such equally kid care, didactics, paid leave, health care and climate. Both of these bills have meaning implications for cities and metropolitan regions, providing the potential for meaning new investments
Given all of this change, and all of this activity, Econsult Solutions was excited to recently announce the launch of the ESI Center for the Future of Cities. This new inquiry and thought leadership effort is designed to bring together ESI'south expertise in urban economics, policy and strategy to tackle the most important problems facing cities both locally and globally. Our thinking in creating this new focal point was that our experience and expertise in understanding and analyzing urban economies and working closely with metropolis and business leaders on strategies and plans for sustainable futures gives us the ability to piece of work on the near important issues facing cities.
The ESI Eye for the Futurity of Cities will build on our piece of work at the intersections of the public and private sectors, our extensive experience working closely with anchor institutions and local governments, and our core understanding of urban economic science to provide our partners and clients with cut edge research and analysis that tin bulldoze decisions and improve outcomes. What might that look like?
- Edifice on our all-encompassing work looking at smart cities around the world and connect that to practical plans and strategies for creating new opportunities for cities and their citizens;
- Exploring new ways of defining the social and equity benefits of projects and plans to assist leaders and citizens improve understand the true value of public and individual investments like infrastructure, open up space, anchor institutions or new policies;
- Developing partnerships and initiatives to grow and support urban innovation districts that support inclusive growth strategies – connecting the astounding research and companies beingness created in our cities to new job opportunities for current and time to come residents;
- Providing in-depth analysis and insight to help brand the case for policies and strategies designed to brand cities and communities more sustainable, resilient and attractive to residents and businesses alike; and
- Identifying the catalytic touch on that investments in transit or new projects can support for a metropolis.
Let us know what you are interested in – we'd welcome the chance to have a conversation about your vision for the future of cities and how we can help support those efforts.
Steve Wray, Senior Vice President & Chief
wray@econsultsolutions.com
Steve Wray is a Senior Vice President and Primary at ESI. In this part, Steve focuses on the development and implementation of programs and projects that support ESI's vision and short- and long-term plans. He leads the piece of work of the firm'southward principals and senior staff in developing new partnerships, expanding and building on existing practice areas, and integrating the firm's strengths in economical analysis and thought leadership. Mr. Wray joined ESI in 2022 as a Director and was promoted to Vice President, Strategic Initiatives in 2019.
Source: https://econsultsolutions.com/charting-course-future-of-cities/
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