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The NYTimes released an article showing job growth in city centers since 2007. Just a note: some major employment centers were left out of the study, most notably Dallas, Detroit, Seattle, and St. Louis.
Per this study, Austin leads the way with a whopping +3.4% growth rate, followed by Charlotte (+2.5%), Oklahoma City (+2.2%), Chicago (+2.1%), and New Orleans (+2.1%). Las Vegas saw by far the greatest loss with a -5.1% rate of decline, followed by Kansas City (-3.2%), Cleveland (-2.4%), Los Angeles (-1.2%), and San Antonio (-0.9%).
St. Louis would probably be the opposite of the trend cited in the article. Jobs in the city and metro are very decentralized, and downtown gets jobs poached away from it by cities like Clayton in St. Louis County.
PerseusVeil, maybe if you're talking about downtown specifically, but St. Louis is experiencing unprecedented growth in the central corridor of the city, from Midtown to the Central West End. Lots of biotech/medical/retail/commercial development happening there.
PerseusVeil, maybe if you're talking about downtown specifically, but St. Louis is experiencing unprecedented growth in the central corridor of the city, from Midtown to the Central West End. Lots of biotech/medical/retail/commercial development happening there.
What about North Dakota? I hear it's booming there.
From the report they're referencing: "The universe for this report is the 51 largest metropolitan areas in the United States—all those with more than 1 million population in 2012."
PerseusVeil, maybe if you're talking about downtown specifically, but St. Louis is experiencing unprecedented growth in the central corridor of the city, from Midtown to the Central West End. Lots of biotech/medical/retail/commercial development happening there.
Note that this "study" is only for 2007-2011. A lot has happened in some cities in the last 4 years which almost makes this article obsolete.
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