Tuesday, January 6, 2009

Driving Change

Posted on Tue, Jan 6, 2009 at 4:00 AM

If the nation's 51 largest metro areas could change rates of education, poverty and driving -- even marginally -- how much of a difference could it make?

A study by Portland economist Joe Cortright says even a small change could mean $166 billion in economic gain.

CityDividends, a study by Cortright and CEOs for Cities, says the Memphis metropolitan area could see dividends of $1.3 billion annually if it could:

1. Increase the four-year college attainment rate by 1 percentage point

2. Reduce the vehicle miles traveled by one mile per day per person

3. Reduce the poverty rate on 1 percentage point

To read more, visit Mary Cashiola's In the Bluff blog.

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