East Coast mayors call for more office-to-apartment conversions
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- July 15, 2023
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Mayors in cities across the U.S. want to loosen rules that can slow the pace of office-to-residential conversions. In some instances, cities have offered generous tax abatements to developers who build new housing. “We have a great opportunity to change the uses in the downtown,” said Washington, DC, Mayor Muriel Bowser at a December 2022 […]
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Follow Goldman Sachs Beyond London, Tory Mayor Andy Street Tells City Giants
Shortly after we arrive at Andy Street’s office, he insists on bundling into a taxi. Darkening rain clouds aren’t going to stop the mayor of the West Midlands from showing off his proudest new achievement: luring Goldman Sachs to Birmingham. Minutes later, Street marches across the city’s new financial district and plants himself in front […]
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Northwest Arkansas’ economy is resilient, but housing is needed
Photo: Worth Sparkman/Axios Some economists are bullish the U.S. can avoid a recession, citing continued wage and job growth, Talk Business & Politics reports. Driving the news: The annual Arkansas Business Forecast Luncheon took place last week in Rogers, hosted by the University of Arkansas’ Center for Business & Economic Research (CBER). Three experts shared […]
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NYC mayor cites slower economic growth spurred by high office vacancy, cost of migrant crisis and health care, in budget address
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Google-News-Wire
- January 13, 2023
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CNN — New York City Mayor Eric Adams unveiled the state of the city’s economic outlook as part of a $102.7 billion budget proposal for 2024 on Thursday, highlighting slow economic growth despite spikes in tourism and jobs. Adams touted investments that will be made into public safety and affordable housing while promoting what he […]
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U-Haul index shows Alabama, other Republican states continue to grow as residents flee Democrat strongholds | #republicans | #Alabama | #GOP
The Republican “red wave” may not have materialized at the ballot box last November, but it appears more people are voting red with their feet as Republican-led states, including Alabama, continue to draw residents from liberal Democrat strongholds. According to the annual U-Haul Growth Index, which tracks the preferred destinations of one-way truck customers across […]
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A GOP era of austerity could be just around the corner | #alaska | #politics
Illustration: Eniola Odetunde/Axios Republican victories in Tuesday’s midterms could usher in a new era of austerity in American politics. Why it matters: Congress plays a big role in stimulating economic demand, which is keeping inflation high. What they’re saying: “If Republicans win the House, Senate, or both, gridlock will ensue and therefore limit significant increases […]
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