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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