CEO's for Cities - The Metropolitan Revolution

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Bruce Katz speaking to the CEO's for Cities fall conference about his book, The Metropolitan Revolution

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@Bruce_Katz#MetroRev

CEO’s for CitiesGrand Rapids, MI

September 30, 2013www.metrorevolution.org

A Pivotal Decade1

jobs needed post-recession10.1 millionMore Jobs

Better Jobs

poor or near poor in 200081 million

poor or near poor in 2011107 million

HUMAN CAPITALINNOVATION

MANUFACTURINGINFRASTRUCTURE

STEM

ADVANCED ENERGY

EXPORTS

R&DOPPORTUNITY

Pre-Recession Economy Next Economy

“Something has gone terribly wrong when the biggest threat to our American economy is the American Congress.”Senator Joe Manchin III

57.4%mandatory spending

6.3%interest

36.3%discretionary

spending

2012

61.6%mandatory spending

14.4%interest

24.0%discretionary

spending

2023A Structural Change to the Federal Budget

INFRASTRUCTURE

HOUSINGEDUCATION R&D

DEFENSE

57.4%mandatory spending

61.6%mandatory spending

2012 2023A Structural Change to the Federal Budget

21.3%social security

21.0%health care

10.0%income security

23.8%social security

28.0%health care

5.9%income security

2012 2023A Structural Change to the Federal Budget

The MetropolitanRevolution2

75%GDP

Top 100 MetrosShare of US Totals

Source: Brookings Analysis of BEA, Census Data

66%population

12%land area

66% 74%

Metros Concentrate National AssetsTop 100 Metro Share of US Totals

85% 90% 92% 92%

Population Bachelor’sDegrees

Foreign Born Population

Advanced Industry

Employment

Patents Airline Boardings

NORTHEAST OHIOManufacturing

Network

LOS ANGELESLA 30/10

HOUSTONNeighborhoodCenters

DETROITInnovation District

DENVERFasTracks

PORTLANDExport Plan

NEW YORKApplied Sciences

NORTHEAST OHIOManufacturing

Network

NORTHEAST OHIOManufacturing Network

new jobs10,000

new payroll$330 million

new investment over nine years$1.9 billion

LOS ANGELESLA 30/10

HOUSTONNeighborhoodCenters

NORTHEAST OHIOManufacturing

Network

DETROITInnovation District

NEW YORKApplied Sciences

DENVERFasTracks

PORTLANDExport Plan

Starting Your OwnRevolution3

1

Metropolitan NetworkGovernment

Create Your Network

NEW YORKApplied Sciences

1 Create Your Network

DETROITInnovation District

NORTHEAST OHIOManufacturing Network

Set Your Vision2

Manufacturing Exports

Human Capital Clean Economy

METROPOLITAN ECONOMICDASHBOARD

NEW YORKFinance Jobs

New YorkUnited States

8% 18%

Science & Engineering Jobs

New YorkBostonSan Jose

14%7%

4%

DETROIT

3%Land mass

11%Businesses

37%Jobs

Set Your Vision2PORTLAND

Export Intensity

13%

24%

PortlandUnited States

Clean Economy

27,489clean jobs

Find Your Game Changer3

A significant intervention that fundamentally alters your economic profile and/or performance.

Game Changer \ˈgām\ \ˈchānjər\(n)

Find Your Game Changer3

NEW YORKApplied Sciences

Setting a new institutional platform

for innovation

NORTHEAST OHIOManufacturing

NetworkEnable existing firms in manufacturing to

innovate more

DETROITInnovation DistrictRealize the potential of the new geography of

innovation

@Bruce_Katz#MetroRev

www.metrorevolution.org

CEO’s for CitiesGrand Rapids, MI

September 30, 2013

@Bruce_Katz#MetroRev www.metrorevolution.org