The Business Review reports that ninety-nine of America’s 100 biggest markets have fewer manufacturing jogs today than they did 10 years ago. Bakersfield, California, the only exception, gained 2,100 manufacturing jobs. The Los Angeles area lost the most, 301,600 jobs. Eighty other markets fared worse than Albany, which lost 7,800 jobs.
The Times Union reports:
New York state‘s economy contracted by 4.3 percent in 2009, the third worst performance among the 50 states and the District of Columbia.
The figures were released this morning by the U.S. Bureau of Economic Analysis.
Read the rest at: New York’s economy third weakest nationally – Times Union.
From the Business Review:
The Business Review reports:
The Highest Property Tax Burdens in America
Catherine Rampell reports in the New York Times‘ Economix blog:
The typical resident of Westchester County in New York, pays more in property taxes than the typical resident of any other major American county, according to a new analysis of Census data from the Tax Foundation.
Read the rest at: Property Taxes, by County – NYTimes.com.
The infographic you see here has managed to turn one of the ugliest facets of global cities into something approaching art. Behold urban sprawl, in the hands of Jessica Young and Luke Bulman.
Young and Bulman make up the Brooklyn graphic design studio Thumb, and their beautiful, though perhaps misleading, infographic compares 27 ring roads around the world — those peripheral highways, like the D.C. Beltway or the London Orbital, that read like shorthand for over-extended cities.
Check-out the graphic and read the rest of the story:
The Albany-Schenectady metro ranks 13th on the Daily Beast’s list of the Brainiest Cities:
Boulder, Colorado, tops the list of America’s brainiest metros. Boulder is home to the University of Colorado and was recently named by BusinessWeek as the nation’s best place for startup companies.
America’s Brainiest Metros are a mix of large metros with a significant presence of technology and knowledge-based businesses and the nation’s premiere college and university towns. Not surprisingly, the presence of a major research university appears to be one of the most decisive variables. Durham or Durham-Chapel Hill, North Carolina, home to Duke University and the University of North Carolina takes second place, with neighboring Raleigh-Cary (home to North Carolina State) in 11th. Both are part of the famed North Carolina Research Triangle. Greater Washington DC comes in third, followed by Greater Boston (Harvard, MIT, Boston University), and the Trenton-Ewing metro in Central New Jersey, which includes Princeton University.
The remainder of the top 20 includes large tech metros like San Jose (Stanford), San Francisco, Austin (University of Texas) and Seattle (University of Washington) along with Olympia (the state capital, which is part of Greater Seattle’s expanded metro area), as well as college towns like Ithaca, New York, home to Cornell University (which also topped our earlier list of best places for college grads), Charlottesville (University of Virginia), Madison (University of Wisconsin), Corvallis (Oregon State University), Fort Collins (home to Colorado State University,) and Ames (Iowa State University) and Iowa City (the University of Iowa). The list also includes the Frost Belt metros of Albany-Schenectady (home to General Electric and SUNY Albany), and Rochester, Minnesota, (home to the Mayo Clinic and IBM’s largest global facility and which topped our previous list of biggest projected job gainers) also make the list.
The Brainiest Metros Index is based on three variables: (1) the share of adults 25 years of age and older with a Ph.D., master’s or professional degree (from the U.S. Census American Community Survey), (2) computer scientists and mathematicians as a share of all employment, and (3) scientists (physical, biological, social) as a share of total metro employment (both from Bureau of Labor Statistics). The index weights all three variables equally and covers 362 U.S. metro regions.
Read more at: America’s Brainiest Cities – The Daily Beast.