Sacramento, Slowest Growing City in North America

Russ Steele

Brookings Institute’s Global Metro Monitor 2011 rated the recovery of the 200 largest metropolitan regions in the world. The rankings are based on a combination of the change in income and employment in each city between 2010 and 2011. According to the report, the fastest-growing cities are located outside North America and Western Europe, while all the slowest-growing ones are within those continents.

5. Sacramento, U.S.
> Change in employment (2010-2011): -1%
> Change in income (2010-2011): -0.8%
> Population: 2.18 million
> Income per capita: $42,283
> GDP: $92 billion

The second American city on this list, the slowest-growing city in North America is not Detroit or Cleveland, but Sacramento, Calif. Sacramento grew rapidly in the prerecession years, growing employment at nearly double the level of the rest of the country. The city’s growth was partly due to the of the hundreds of thousands of residents that moved from the neighboring San Francisco region. According to the Brookings report, “60 percent of the decline in employment [in the city] originated in local/non-market services, of which government employment accounts for about half.” Like Richmond, Sacramento has a substantial population of government workers, which, due to regional austerity measures, were one of the hardest hit labor forces in the past few years. More than one in four nonfarm jobs in the region are public servants.

Root of problem, too much government.

Read more: Ten Cities Crushed by the Global Recession – 24/7 Wall St. http://247wallst.com/2012/01/27/ten-cities-crushed-by-the-global-recession/#ixzz1kfu040Q2

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About Russ Steele
Freelance writer and climate change blogger. Russ spent twenty years in the Air Force as a navigator specializing in electronics warfare and digital systems. After his service he was employed for sixteen years as concept developer for TRW, an aerospace and automotive company, and then was CEO of a non-profit Internet provider for 18 months. Russ's articles have appeared in Comstock's Business, Capitol Journal, Trailer Life, Monitoring Times, and Idaho Magazine.

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