NewGeography.com blogs

A look at the Information Sector

The Information sector of the economy is has followed an interesting trajectory over the past 15 years. The info sector built up to a huge peak in the early part of this decade, and has seen general decline since that time.

Growth in Information Subsectors:

The big boom and bust was caused by employment inflation of the telecommunications sector. Publishing followed a similar, but less extreme path. Both industries have reverted to employment levels in the early 1990s.

Motion picture and recording, data processing, broadcasting, and Internet publishing have all seen modest gains since the early 1990s.



Information growth by percent:

Here's the fastest growing metro areas in the information sector through the recent period of decline. We're seeing a decentralization effect here: smaller metros with historically manufacturing-centric otherwise specialized economies are building information industries.






Information growth by number of jobs:

Seattle is leading the charge and Madison is rapidly becoming and information center in the central states. I wouldn't have guessed Springfield, MO or Orlando would show up here.







Flushing in Florida?

It's all gloom and doom in the Miami Herald today after recent job numbers indicate the state is last in the nation in job creation.

The top job-loss state in the nation. Shrinking wages. Collapsing population growth. Record home foreclosures.

Florida's economy is not just firmly and bleakly in the red ---- it will likely stay that way until next June, according to the state government's top economists who issued their most pessimistic financial forecast in years.

With few exceptions, the economists' Wednesday forecast shows that most economic indicators will do worse in this budget year when compared to a forecast they issued in February.

A good sign that the recent growth in Florida was built on a house of cards, this is right in line with the findings of our Best Cities analysis.

Link via Steve Bartin.

Subjects:

Commuting Patterns in Chicago

You may have read our recent commuting case study of the Los Angeles region written by Ali Modarres. Ali put together some detailed commuting pattern maps of the area.

Here's another similar commuting map of the Chicago area. It's interesting to note the major difference in commute times of neighborhoods often in close proximity. Obviously, distance to jobs matters, but so does the occupational make-up of the neighborhood.

Subjects:

Manufacturing Growth Nodes

Manufacturing is often viewed as a massive anchor to regional job growth. Here's two lists of metro areas that not only withstood the national job hemorrhaging of 2001-2003, but they are actually growing.

Growth by percent:



Read more manufacturing analysis in as part of our Best Cities Rankings: Is Manufacturing Weighing Down the U.S. Economy?








Growth by number of jobs:















Source of Population Growth In Milwaukee

Where is the growth in Wisconsin? The Milwaukee Journal Sentinel checked in last week with a glowing review of the recent city census numbers. Our friend, Milwaukee native, and former Playboy Magazine editor Bob Carr sends his reaction:

Milwaukee is having to put quite a spin on the latest census figures. A recent Journal-Sentinel article trumpets the the city’s decade-long population plateauing as a sign of “steadiness.” Cities losing the most population in Wisconsin included Whitefish Bay, Wauwatosa, West Allis and Brown Deer. Guess what they are — Milwaukee suburbs. With the city losing people at the edges, the newspaper was lucky enough to find someone who had actually moved from Whitefish Bay to Milwaukee to help take the sting out.

Here's a rundown of the recent population trends in the State of Wisconsin.

AttachmentSize
WI-City-Growth-2007.pdf82.07 KB