Wednesday, October 4, 2017

Detroit Has Among The Slowest Economic Growth In The Nation

"Although it’s easy to look at Woodward Avenue and see development, compared to the rest of the nation, the city of Detroit’s actual economic growth ranks near the bottom."
http://www.dailydetroit.com/2017/10/03/detroit-among-slowest-economic-growth-nation/

"Overall, citywide data suggest Detroit is continuing to experience decline that makes it worse off than it was in 2000 or even 2010 in the depths of the national recession. Population, employment and incomes continue to decrease, while vacancies and poverty have increased."
https://www.citylab.com/equity/2017/02/detroits-recovery-the-lass-is-half-full-at-most/517194

https://en.wikipedia.org/wiki/Economy_of_metropolitan_Detroit#Tourism
Some people believe that if Las Vegas doesn't diversify its economy, LV could eventually become like a desert version of Detroit.