The United States is home not to one, but more than 100 distinct economies. Our cities, towns, suburbs and rural communities hold the key to understanding both current and forecasted national trends – but for far too long, our nation’s microeconomic data has been lacking.
The American Growth Project is here to help.
American Growth Project models project that all 150 of the top Extended Metropolitan Areas will see slower growth in 2024 than they did last year and that 56 of them will contract. See what else the data tell us.
The American Growth Project explains why manufacturing remains essential for economic growth and how manufacturing in the U.S. today incorporates both regional shifts and “stickiness” in traditional strongholds.
Our examination of skills in the workforce begins with a discussion of why skills are difficult to measure, then moves to a broad look at two ways to estimate the skill level across our Extended Metropolitan Areas. Both estimators point to the importance of education, particularly in high-productivity sectors, in driving long-term economic growth.
Chief Economist Gerald Cohen weighs in on what to watch, including the challenges and opportunities for business as the prospect of a recession looms.
Amid continued economic uncertainty, we examine industry-level trends and look ahead to anticipate the uneven impact a recession could have on the 50 largest U.S. cities.