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ECONOMIES OF AMERICAN CITIES

American cities are in trouble, the recession is straining cities' ability to meet their financial needs causing them to cutback on essential services, implementing hiring freezes and layoffs, delaying capital expenditures.The way out is to increase taxes or fees or both. The impact to businesses and the financial markets is harsh with 80% (CNN Estimate) in trouble.

Can the stimulus package or big government stop the trend? Will the further decline put a larger drag on the predicted financial recovery of the nation? Will reduction in services drive higher crime and further deterioration?


Economies of American Cities is part of Business Exchange, suggested by Michael Fieramosca. This topic contains 760 news and 106 blog items. Read updated news, blogs, and resources about Economies of American Cities. Find user-submitted articles and reactions on Economies of American Cities from like-minded professionals.

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Mounting fiscal crisis of US states and citiesmore

State and local governments have seen drastic reductions in tax revenues due to the economic crisis. Unemployed and...

Moody's issues negative outlook for LA financesmore

Investors Service on Wednesday reduced its opinion of the city's finances from "stable" to...

Full List: Where Americans Pay Most In Property Taxesmore

To rank the country's counties, we used the 2008 U.S. Census American Community Survey, which is conducted every year...

America's Most Miserable Citiesmore

The city of Cleveland has had a colorful history. The Cuyahoga River, which runs through the city, famously caught fire...

BOJ stands by price stability frameworkmore

the bank's reluctance to adopt such anti-deflation strategies as buying more government debt – which would ease state...

GALLUP POLL: District relatively satisfied but suffers from low emotio...more

Among the 435 congressional districts in the country, Connecticut's Fourth District ranks 26, according to the...

Electric motor expertise sold Spanish firm on Milwaukeemore

Milwaukee's strength in the production of electric motors helped set the area apart in the race that led to Ingeteam's...

Fiscal conservatives have concerns about spending for major city proje...more

This suburban city known for its exceptional schools, upscale living and all those roundabouts has become increasingly...

Community Views: Oakland Must Balance Its Budget Now!more

This coming Tuesday afternoon, Oakland’s City Council will begin making some of its most important decisions of the...

B-N's growth has slowed, but officials eye reboundmore

Bloomington’s Fire Station 5 has been empty since it was completed in April 2009. Before the city can use the $3...

Bay Area home prices may drop, real estate firm warnsmore

As home values began to creep upward in the middle of last year, Silicon Valley home- owners may have thought the...

Buffett Takes on Chokepoint in Chicago With Burlington Northernmore

Warren Buffett and Bill Gates face a roadblock on the route toward payoff on their investment in U.S. freight...

'Blueprint America - Beyond the Motor City' - Transit-Plan Prescriptio...more

The biggest jolt in “Blueprint America: Beyond the Motor City” comes as the director of Madrid’s subway and light-rail...

L.A.'s blueprint for job creationmore

More than 7 million Americans have lost their jobs since the recession began in 2007. While the resulting national...

Idaho Mountain Express: Far below and behindmore

Sales taxes are the thermometer for reading a city's temperature. And all signs point to the economies of Sun Valley...

Billings Ranks "Third Drunkest City" |more

BILLINGS - A new ranking places Billings third in the nation, but the reason may not be a cause for celebration.

As Milwaukee’s Economy Fails, How Can Public Schools Succeed?more

As Milwaukee’s Economy Fails, How Can Public Schools Succeed? Thursday February 4 6:21 pm Milwaukee Mayor Tom Barrett,...

Lancaster says 'ni hao' to Chinese investorsmore

When the eight-minute promotional video wrapped up, Lancaster Mayor R. Rex Parris' review wasn't entirely flattering.

Can Churches Help Revive Jacksonville?more

Can Churches Help Revive Jacksonville? February 1, 2010 - 2:24 PM | by: Orlando Salinas A couple of week back, I...

High speed rail is bound for red ink...really fast.more

Amid great fanfare, the Obama administration last week announced plans to spend $13 billion in "seed money"...

Ohio to Receive Federal Stimulus Money for Rail Systemmore

Ohio Governor Ted Strickland joined U.S. Labor Secretary Hilda Solis, state and local officials, and rail supporters...

`The worst is behind us,' port chief saysmore

Authorities predicting a 3 to 4 percent rise in 2010 as trade recovers from recession.The expected turnaround comes as...

Tri-Cities economy growing beyond Hanfordmore

A diversified Tri-Cities economy that's increasingly independent of Hanford spending has grown with 30 percent more...

Updated report says St. Louis is shortchanged on stimulus | Mound City...more

St. Louis is being shortchanged on stimulus spending, after all. That’s one conclusion from a big report on...

Square Feet - Downtown Oklahoma City Is Revivingmore

Flush with cash from the energy boom, Devon broke ground in October for a 50-story tower in Oklahoma City that is among...

Top Sources: Economies of American Cities

  • Forbes.com
  • finance.yahoo.com
  • realestate.yahoo.com
  • BusinessWeek
  • money.cnn.com
  • bestcities.milkeninstitute.org
  • New York Times
  • CNN
  • stltoday.com
  • msnbc.msn.com

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