Metro Job Generators

Regional business planning and cooperation at the metropolitan level is creating hubs of prosperity in the U.S.

1 minute read

April 12, 2011, 7:00 AM PDT

By Nate Berg


According to this blog post from the Brookings Institution's Mark Muro, metropolitan areas are taking the lead in luring business.

"[S]mart consortia of regional leaders have come together to apply the methodology of private-sector business planning to the business of revitalizing regional economic development. In that fashion, smart regions are pursuing a disciplined, rational process to prepare tailored, data-rich, highly specific challenges to federal, state, local, and philanthropic players to "invest" in their "bottom-up" plans for economic growth (with a firm promise of return on investment).

So who's doing them? Three diverse metropolitan areas-Northeast Ohio, Minneapolis Saint Paul, and Seattle-are applying the new methodology, and are working intensely and pragmatically this year while Congress bickers and the nation drifts."

Friday, April 8, 2011 in Brookings Institution

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