Council on Metro Economies and the New American City

Council on Metro Economies and the New American City 2018-03-01T23:06:47+00:00

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.

Senators Cory Booker (NJ) and Tim Scott (SC) meet with mayors during 86th U.S. Conference of Mayors Winter Meeting. (L-R) Senator Cory Booker (NJ), USCM Vice President, Columbia (SC)​ Mayor Stephen K. Benjamin, Council on Metro Economies and the New American City Chair Louisville Mayor Greg Fischer, Senator Tim Scott (SC), Fall River Mayor Jasiel F. Correia II

Council Session Highlights – 86th U.S. Conference of Mayors Winter Meeting:

The Council on Metro Economies and the New American City met at the 86th U.S. ​Conference of Mayors Winter Meeting​ on J​anuary​ 24th to hear from leading experts in the fields of economic development and inclusion. Thank you to all who participated. Below is a description of the session with links to our speakers’ presentations.

Louisville Mayor Greg Fischer, C​hair of the Council, began the ​meeting​ with an overview of the Council’s activities​.​ Mayor Fischer also encouraged cities to register for the 2018 DollarWise Summer Youth Contest, which encourages youth to complete an on-line financial literacy curriculum in conjunction with their summer job.

Click here to register your city for the DollarWise Campaign 

IHS Markit

Jim Diffley of IHS Markit summarized his economic growth and job forecast for 2018.

Click here to view his findings and his presentation during the Council session. 
And click here to view the Council’s latest Metro Economies Report.

International Council of Shopping Centers

Cynthia Stewart reviewed the state of play in the U.S. retail markets.

Click here for ICSC’s findings and presentation during the Council session. And Click here for information on the impact of Shopping Centers on the U.S. Economy.

Senator Cory Booker (NJ) and Senator Tim Scott (SC)

Senators Cory Booker and Tim Scott appeared jointly to discuss Opportunity Zone provisions that were​ included in the recently enacted Tax Cuts and Jobs Act of 2017.

Click here for a summary on Opportunity Zones.

The Brookings Institution

Scott Andes from the Brookings Institution discussed developing Innovation Districts in the 21st Century economy.

Click here for Scott’s presentation slides.


Interise Director of Programs Bernard Johnson reviewed working models for helping small businesses achieve second stage growth. Interise’s street level MBA creates cohorts of local small businesses working with experts and other members of the business community over time.

Click here to view the Interise presentation during the Council session.

Bank of America

ESG Program Director of the Bank of America Charitable Foundation Stephen B. Fitzgerald discussed Bank of America’s work with ​T​he U.S. Conference of Mayors DollarWise Campaign. Steve provided an update on Better Money and announced a new Spanish Language version of the curricula. Steve also introduced a new report on Better Money Habits and Millennials.

Click here for the report. And click here for the accompanying press release.

Learning Games Studios

Learning Games Studios President Ira Sockowitz announced a new pilot program with the Council to offer ​cities free ​adult literacy training through learning games technology​.

Click here for Ira’s presentation slides. Click here for a program flyer that describes how your city can participate.

The Computer and Communications Industry Association

Dave Mackl​in, of the Computer and Communications Industry Association (CCIA), highlighted his organization’s​ work in promoting Free File – a free online service that allows tax filers the opportunity to file their federal and state (where available) tax returns for free.

Click here for more information on Free File.

Prosperity Now

Holden Weisman of Prosperity Now (formally CFED), discussed his organization’s success in supporting Volunteer Income Tax Assistance (VITA) sites in cities throughout the U.S., and its efforts to increase the accessibility of the Earned Income Tax Credit and the Child Tax Credit.

Click here for Holden’s presentation slides.

Our Council Sponsors:

  • Bank of America

  • The Brookings Institution

  • The Computer & Communications Industry Association

  • Interise

  • International Council of Shopping Centers

  • Learning Games Studios

  • Prosperity Now

Click here to receive updates on the Council

June 2016: GMP and Employment Report: 2015-2017

Key Findings
Press Release

January 2016: 2015 Metro Job and Gross Metro Product: 2016 Forecast


June 2015: Gross Metropolitan Product and Employment for 2014-16

Key Findings
Press Release

January 2015: Cities of the 21st Century: A Survey of Public Opinion

Key Findings
Press Release

August 2014: Income and Wage Gaps Across the US

Key Findings
Press Release

June 2014

Key Findings
Individual Metro Area Breakdowns
Press Release

January 2014

Key Findings
Press Release

November 2013

Key Findings
Press Release

June 2013
Press Release
Key Findings
Chart: Job Recovery by Metro Compared to Pre-Recession Peak Employment

January 2013
Jobs in the Chemical Sector by Metro Area

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

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

October, 2006
Metro Economies Report Shows Energy Costs Strain American Households
Press Release | Full Report | Key Findings
May, 2006
Wage Gains in the U.S. and its Metro Area Economies:
Press Release | Report | Key Findings | Appendix

January, 2006

January, 2005
Update on Job Creation and Metro Economies

October, 2004

September, 2004

August, 2004

June, 2004

February, 2004
Employment Update for the State of Michigan: Types of Jobs Lost and Gained (2001-2006)

November, 2003
Metro Economies Report: Economy Surges, But With Lower Paying Jobs

July, 2003

July, 2003

June, 2003
The Role of Metro Areas in the U.S. Economy: Employment Outlook

January, 2003
The Role of Metro Areas in the U.S. Economy: Employment Outlook
October, 2002
U.S. Metro Economies: Travel and Tourism Fuels the Nation’s Economy
June, 2002
U.S. Metro Economies: The Engines of America’s Growth (5th Annual Report)
July, 2001
U.S. Metro Economies: The Engines of America’s Growth – A Decade of Prosperity
June, 2000
Metro Economies: Leading America’s New Economy
May, 2000
Metro Economies: The Engines of America’s Growth
November, 1999
U.S. Metro Economies: The Engines of America’s Growth