Council on Metro Economies and the New American City

Council on Metro Economies and the New American City2018-07-16T10:29:41+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.

(L-R) Rockefeller Foundation President Dr. Rajiv. Shah, Council on Metro Economies and the New American City Chair Louisville Mayor Greg Fischer, Houston Mayor Sylvester Turner

Council Session Highlights – 86th U.S. Conference of Mayors Annual Meeting in Boston:

The Council on Metro Economies and the New American City met at the 86th U.S. ​Conference of Mayors Annul Meeting​, on June 8th, 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 2018 and 2019:  

Opportunity Zones and Opportunity Funds 

Rockefeller Foundation & The Enterprise Institute

Dr. Rajiv J. Shah, President of the Rockefeller Foundation, joined Scott Hoekman, President and CEO of Enterprise Community Management, Inc. of the Enterprise Institute, to discuss Opportunity Funds and the Opportunity Zone provisions that were included in the recently enacted Tax Cuts and Jobs Act of 2017.

Columbus (OH) Mayor Andrew Ginther shared his city’s efforts surrounding Opportunity Zones and Opportunity funds, as well as plans for the future.

Building Inclusive Economies for Local Small Businesses

Interise & Houston Mayor Sylvester Turner

Interise President Jean Horstman reviewed working models for helping small businesses achieve “Second Stage Growth,” which focuses on further developing small businesses after they have been successfully launched. Interise’s street level MBA creates cohorts of local small businesses working with experts and other members of the business community over time.

Houston Mayor Sylvester Turner joined the conversation to share his city’s collaborative efforts with Interise, to develop small businesses in his community, through the “Build Up Houston” initiative.

Literacy & Economic Mobility

Bank of America, The Aspen Institute, Learning Games Studios, & the Free File Alliance

Bank of America

Senior Vice President of Community Affairs for Bank of America, Jacqueline O’Garrow, discussed the success of The U.S. Conference of Mayors’ DollarWise Campaign, as well as the Bank’s additional efforts to support summer youth employment programs in cities throughout the nation. Jacqueline encouraged mayors 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. 

Baltimore Mayor Catherine Pugh shared her city’s efforts surrounding immigrant inclusion as a Welcoming City. The City of Baltimore was awarded a 2018 DollarWise Grant to integrate financial education into the City’s English as a Second Language programming, a program implemented by the Mayor’s Office of Immigrant and Multicultural Affairs.

The Aspen Institute

Joanna Smith-Ramani, of the Aspen Institute, discussed her efforts surrounding financial capability as the Managing Director of the Institute’s Financial Security Program.

Learning Games Studios

Learning Games Studios President Ira Sockowitz shared the progress of the Council on Metro Economies and the New American City’s collaborative pilot program to expand adult literacy in cities through learning games technology.

Free File Alliance

Dave Macklin, with the Free File Alliance, spoke on the progress of the IRS’ Free File program, which helps households making $66,000 or less file their federal (and often state) taxes for free.

Our Council Sponsors:

  • Bank of America

  • The Computer & Communications Industry Association

  • Interise

  • Learning Games Studios

Click here to receive updates on the Council

June 2018: Economic Growth and Full Employment


June 2018: Bridging the Wealth Gap


June 2018: Technology and the Future Labor Market


June 2018: Smart Cities Survey


September 2017: GMP and Employment: 2016


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