CITY GROWTH DRIVERS: YOUTH AND RETIREES?

Posted by Leonard Steinberg on May 22nd, 2014 An interesting article in the Wall Street Journal this morning addresses the possibility that urban growth may be slowing, with renewed interest in the suburbs. Two demographics continue to drive Urban growth: the ‘young’ and the ‘old’ either for life-style reasons or to downsize their living arrangements…. [Read More]

WEAK JOB GROWTH……EXCEPT IN BIG CITIES.

Posted by Leonard Steinberg on April 18th, 2013 Corporate results are showing an eerily similar trend: profits are growing, but revenues are not. Is this mostly related to the fact that companies are not hiring while demand grows very slowly, thereby deriding profits mostly from reduced labor costs and low interest rates? Are existing workers… [Read More]