The Council on Metro Economies and the New American City is the economic research arm of the U.S. Conference of Mayors. Since its inception in 2001, The Council has published over 70 U.S. Metro Economies Reports, and continues to develop models of investment for cities, while identifying trends that will shape the cities of the future.

The Council is Chaired by Louisville Mayor Greg Fischer.

(Daniel Kowalski, Counselor to the Secretary of the Department of Treasury, provides an update on Opportunity Zones)

Council Session Highlights – 87th U.S. Conference of Mayors Winter Meeting in Washington, DC:

The Council on Metro Economies and the New American City met at the 87^th U.S. Conference of Mayors Winter Meeting, on January 23rd, to hear from leading experts in the fields of economic development and inclusion. Below is a description of the session with links to speaker presentations.

U.S. Metro Economies

IHS Markit

Jim Diffley, of IHS Markit, summarized his economic growth and jobs forecast for 2019:

Opportunity Zones Update

Ja’Ron Smith, with the White House Office of Legislative Affairs, joined Daniel Kowalski, Counselor to the Secretary of the U.S. Department of Treasury, to discuss new Opportunity Zone regulations – scheduled to be released in February of 2019. Louisville Mayor and Council Chair Greg Fischer, Detroit Mayor and Council Vice Chair Mike Duggan, Stockton Mayor Michael Tubbs, Rick Jacobs and Bruce Katz, with Accelerator for America, also joined the conversation to provide updates on Opportunity Zone projects.

Status of Opportunity Fund Development

Kimberlee Cornett, who serves as Managing Director of the Kresge Foundation’s Social Investment practice, and John Lettieri, who serves as President and CEO of the Economic Innovation Group (EIG) provided an overview on Opportunity Fund Development.

New Ideas to Promote Economic Mobility

Derrick Perkins, Senior Vice President at Bank of America, provided an update on the U.S. Conference of Mayors DollarWise Campaign, and its efforts to promote economic mobility and help underserved communities build wealth. Joanna Smith-Ramani, Managing Director at the Aspen Institute, also discussed her efforts surrounding financial inclusion and consumer debt.

Our Council Sponsors:

The Aspen Institute

Bank of America
Interise
National Association of Home Builders

Council on Metro Economies Press Room:

Mayors See Infrastructure Investment As Key To Future As U.S. Metros Lead Nation’s Job Growth, But Many Still Lag Behind

By Sara Durr| May 17, 2017|Council on Metro Economies and the New American City, News, Press Room, U.S. Metro Economies

U.S. Metro Economies: Past and Future Employment Levels

By Dave Gatton| May 17, 2017|Transportation and Communications, U.S. Metro Economies

State, Local Governments Urge Congress to Preserve State and Local Tax Deduction and Tax-Exempt Municipal Bonds in Tax Reform Efforts

By Sara Durr| April 28, 2017|News, Press Room, U.S. Metro Economies

2016 Smart Cities Survey

Download the 2016 Smart Cities Survey

By David W. Burns| January 19, 2017|85th Winter Meeting, Council on Metro Economies and the New American City, Reports, Technology and Innovation, U.S. Metro Economies

U.S. Metro Economies GMP and Employment Report: 2015-2017

By Dave Gatton| January 20, 2016|Reports, U.S. Metro Economies

Click here to receive updates on the Council

July 2012
Outlook – Gross Metropolitan Product, and Critical Role of Transportation Infrastructure
Press Release | Full Report | Key Findings

January, 2012
2012 Employment Forecast and the Impact of Export

Press Release | Full Report | Key Findings

June, 2011

Pace of Economic Recovery: GMP and Economic Forecasts
Full Report | Key Findings | Charts and Tables

January, 2010

Pace of Economic Recovery: GMP and Jobs
View the Report

June, 2009

Metropolitan Areas Shortchanged in Stimulus Infrastructure Spending
Press Release | Full Report | Presentation

January, 2009
The Engines of Economic Recovery
PDF Report | Key Findings | Press Release (English) | Press Release (Spanish)

June, 2008
U.S. Mayors Economic Report Reveals Sluggish Economic and Job Growth in 2008-09
Press Release: English | Espanol
Download: Key Findings | GMP Report | Full Report

November 2007
Press Release
Report | Key Findings

June 2007
Report | Key Findings

January, 2007
Metro Economies: U.S. Cities and Metropolitan Areas Dominate Economic Growth
Press Release
GMP Report: Full Report | Key Findings | Charts
Energy Report: Full Report | Key Findings