News & Opinions
The latest news and insights from Hanley Wood’s outspoken experts and key thought-leaders throughout the residential and commercial design and construction industry.
Mike Sauter / 24/7 Wall St. / July 15, 2013
The average wage of a U.S. worker was $1,000 per week in the fourth quarter of 2012, or 4.7% higher from the same time in 2011, according to the Bureau of Labor Statistics (BLS). In some areas, pay rose than 10%.
In the San Francisco metropolitan area, the average wage grew by nearly 25%, more than any area in the country. Based on the BLS Quarterly Census of Employment and Wages, these are the cities with the biggest increases in pay.
In an interview with 24/7 Wall St., BLS Chief Regional EconomistRead More
Samuel Weigley / 24/7 Wall St. / July 10, 2013
The average U.S. worker was paid $1,000 per week as of the fourth quarter of 2012. This is, according to the Bureau of Labor Statistics, a 4.7% increase from 2011.
In the vast majority of U.S. metropolitan areas, wages grew. In San Francisco, for one, the average wage grew by nearly 25%. In other cities, however, wages continued to fall. Eight cities had a decline of at least 1% weekly wages. In the Anniston-Oxford, Alabama area, wages fell by 2.4%. Based on the BLS’ quarterly census of employment and wages, these are the cities with the biggest declines in pay.Read More
Richard Florida / The Atlantic Cities / July 11, 2013
The report “Innovation and the City” [PDF] is an important addition to our knowledge of urban policy innovation. It summarizes the results of a six-month research effort by policy researchers at New York University’s Wagner School of Public Service and the New York-based Center for an Urban Future. The research team interviewed over 200 experts (including our own Emily Badger) and surveyed more than 120 policy innovations. (I should disclose here that I am Global Research Professor for the NYU School of Continuing and Professional Studies).
These responses wereRead More
Eric Jaffe / The Atlantic Cities / June 28, 2013
The core problem of creating sustainable cities is as well-known as it is tricky. On the one hand, everyone who’s thoughtful about urban sustainability admits the environmental, economic, and social problems of sprawl and auto-dependency. On the other hand, everyone who’s realistic about the situation must admit that people are crazy about their cars and pretty keen on low-density, single-family homes, too.
Most of the modern attempts to reconcile this problem, at least in U.S. metropolitan areas, create more problems of their own. Smart growth initiatives to increase densification,Read More
Eric Jaffe / The Atlantic Cities / June 26, 2013
Mull this one over next you’re stuck in traffic on your way into or out of work.
What if instead of leaving your house and chancing the congestion on your rush-hour commute, you could reserve a space on the road just like you reserve a table at a restaurant? Then you’d simply drive to the highway or major intersection at the appropriate time, announce via technology that you’re here, pay a market fee (just as you pay your check after eating), then enjoy a smooth ride. Sure, you’d lose one more excuse for being late to the office — but a considerably miserable part of your dayRead More