Has The Pandemic Changed Cities Forever?
from the Richmond Fed
– this post authored by Tim Sablik
Throughout American history, people have moved from farms and small towns to seek their fortunes in the big city. The story of the last century has been one of increasing urbanization. As of 2018, 86 percent of Americans lived in cities or surrounding suburbs, and large cities accounted for a similar share of total U.S. economic output. It wouldn’t be a stretch to call cities the engines of growth in the modern era.
Source: http://econintersect.com/pages/contributors/contributor.php?post=202105120539
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