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Presentation by Bruce Katz at the London School of Economics. October 29, 2013
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@Bruce_Katz#MetroRev
London School of EconomicsLondon, UK
October 29, 2013www.metrorevolution.org
A Pivotal Decade1
jobs needed post-recession8.3 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
Source: Numbers doc Unlink
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
Source: Numbers doc UnlinkSource: Numbers doc Unlink
57.4%mandatory spending
61.6%mandatory spending
2012 2023A Structural Change to the Federal Budget
Source: Numbers doc UnlinkSource: Numbers doc Unlink
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
Source: Numbers doc UnlinkSource: Numbers doc UnlinkSource: Numbers doc UnlinkSource: Numbers doc UnlinkSource: Numbers doc UnlinkSource: Numbers doc Unlink
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
LOS ANGELESLA 30/10
HOUSTONNeighborhoodCenters
NORTHEAST OHIOManufacturing
Network
DETROITInnovation District
NEW YORKApplied Sciences
DENVERFasTracks
PORTLANDExport Plan
PORTLANDExport Plan
Watch on YouTube
PORTLANDMetropolitan Export Plan
export intensity24.4%
total export value$3.3 billion
total exports in 2010 vs 20032x
PORTLANDMetropolitan Export Plan
HOUSING
AIR QUALITY
CONGESTION
Watch on YouTube
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
Source: Numbers doc UnlinkSource: Numbers doc UnlinkSource: Numbers doc UnlinkSource: Numbers doc UnlinkSource: Numbers doc UnlinkSource: Numbers doc Unlink
Set Your Vision2
Manufacturing Exports
Human Capital Clean Economy
METROPOLITAN ECONOMICDASHBOARD
Source: Numbers doc UnlinkSource: Numbers doc UnlinkSource: Numbers doc UnlinkSource: Numbers doc UnlinkSource: Numbers doc UnlinkSource: Numbers doc UnlinkSource: Numbers doc Unlink
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
Watch on YouTube
@Bruce_Katz#MetroRev
www.metrorevolution.org
London School of EconomicsLondon, UK
October 29, 2013
@Bruce_Katz#MetroRev www.metrorevolution.org
