A trip down Shady Ave is everything the name promises. Huge trees sprawl their branches across the
road forming a gorgeous canopy. Beautiful homes peek from behind them resting atop large land plots
in a fashion that is both picturesque and elegant. The street simply oozes of upper-middle class charm.
There are so many ways of capturing the economic status of Shady Ave residents that the trees would
hardly be your first suspects. However, recent inquiry into income inequality has led to precisely that.
Differences in neighborhood economic status may be measurable by the tree density. Take a look at a
section of Squirrel Hill North just west of Shady Ave: Continue reading “Trees uncover Pittsburgh’s Poorest”
Last month, we asked the question, “what do you think of your state’s economic development budget?” Responses returned represented eight different states with a varied mix from those states. However, as shown above, most individuals indicated that they were scared of what will happen with their state’s budget.
The responses were not surprising to our team. Are they surprising to you?
The Fourth Economy Team will be launching a national Fourth Economy Index in the coming months. The Fourth Economy Index will be a first of its kind, designed to measure a variety of indicators important to the modern economic development landscape. So, this month’s poll is a precursor to this index where we are gauging confidence levels in several economic categories.
Be sure to take this month’s poll: Rate your confidence level in several economic categories…
Last month in our Economic Architecture newsletter, we started a poll series where we ask important questions facing economic development community. Our first question was “What do you think our greatest economic challenge will be over the next 20 years?” One thing never defined was the word “our.” Some participants may have viewed the question as a regional question, others may have viewed it as a global question…or anywhere in between. We were pleased that one area the Fourth Economy team is focusing on — water — was selected as one of the two highest-rated challenges. Our team has constructed two reports on the topic: “Capturing the Storm: Profits, Jobs, and Training in Philadelphia’s Stormwater Industry” for SBN Philadelphia and “Pittsburgh’s H2Opportunity” for the World Environment Day Partnership. What’s also interesting to note is the large number of individuals who selected “other” as a response to the question. We asked those who selected the “other” option to qualify their response with the item they feel will be the most pressing issue over the next 20 years. Here’s a few of the additional thoughts we received on “other” economic challenges over the next 20 years:
- Educating and empowering our youth, so that America can regain worldwide respect
- Increasing scarcity of resources (rare earth metals, fossil fuels, etc.)
- Reducing the national debt
- Energy Prices/reliability
- Lack of cooperation and collaboration
All great responses! Did you forget to respond or have some additional insight on what YOU think should be on the list? Leave a note in the comments below. Out first poll saw responses from all across the U.S. and we are excited to keep asking questions to drive the fourth economy. Be sure to take this month’s poll: What do you think of your state’s economic development budget?