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.
Richard Florida / The Atlantic Cities / April 29, 2013
Why do some cites and metros grow faster and better than others? It’s a subject of considerable, often heated debate. Some say that growth is a product of innovation and productivity that comes from the density of talent and business clustering. Others counter that growth is powered more by resources, home-building and extractive industries and continues to be driven by sprawling suburbs and metros in the Sun Belt and Plains.
Sometimes debates like these need a referee. That’s where a new report on America’s “Best-Performing Cities” released earlierRead More
Bloomberg Rankings and Nikhil Hutheesing / Bloomberg/Businessweek / April 24, 2013
Fastest Growing Metropolitan Areas
Immigration, despite the tortured national debate emanating from Washington, has always been about people seeking better opportunities. Within U.S. borders, Americans are also in search of a better life, one they may find across state lines. Bloomberg Rankings sorted through U.S. Census data for metropolitan areas to rank those with the greatest population growth, then scored areas on growth in gross domestic product, adjusted for inflation. Combine the two scores and winnow the list to regions with more than 1 million residents, and you have American’sRead More
Aaron M. Renn / New Geography / April 23, 2013
New Geography’s Aaron M. Renn runs the data and spins up rankings on the Bureau of Labor Statistics’ official release of annual 2012 job data for metropolitan areas for large metro areas (more than one million in population).Read More
Richard Florida / The Atlantic Cities / April 8, 2013
The American economy has long been transitioning from goods-producing to service. But how has this transition occurred across America’s cities and metro areas? What does its geography look like?
To get a finer-grained sense of this, I turn to a new metric which compares the ratio of services to goods produced across metro areas, created by José Lobo of Arizona State University and based on data from the U.S. Department of Commerce’s Bureau of Economic Analysis.
For the U.S. economy as a whole, the ratio of services to goods is roughly 3 to 1 (3.22). But there is considerable geographicRead More
Charlotte O'Malley / MULTIFAMILY EXECUTIVE / March 19, 2013
Call it revenge of the nerds. The top three rent-growth markets of 2013 all happen to be the nation’s top technology Meccas: San Jose, Calif.; Seattle; and San Francisco, according to New York–based market research firm Reis. No surprises there, as the Bay Area is a traditional rent-growth powerhouse, and Seattle isn’t exactly know for its low cost of living either.
But geeks don’t have all the fun. Perennially under-valued Minneapolis charts in the Top 5. And Fort Lauderdale, Fla., once the poster child of distress, ties for eighth place in Reis’ tally. The city’sRead More