Presentation by Bruce Katz, Vice President of the Brookings Institution and Director of the Metropolitan Policy Program.
Global Cities Initiative forum in Atlanta, GA on March 20, 2013.
The Global Cities Initiative is a Joint Project of Brookings and JPMorgan Chase.
For more information: http://www.brookings.edu/projects/global-cities.aspx
10. Global GDP
21.0%
BIC Countries
19.9%
US
2009
Source: International Monetary Fund, World Economic Outlook Database, April 2010
11. Global GDP
26.5%
BIC Countries
17.9%
US
2015
Source: International Monetary Fund, World Economic Outlook Database, April 2010
12. Global Metro Population
60%
2030
Source: UN Department of Economic-Social Affairs, World Urbanization Prospects, 2009
13. Economic Performance
2011 - 2012
Highest Performing Metros
Lowest Performing Metros
Source: Brookings, Global MetroMonitor, November 2012
14. Exports Share of GDP
2010
30% 29% 22%
13%
China Canada India
15% 15%
United States
Japan European Union
Source: Brookings analysis of WTO and EIU data, 2011
20. Top Manufacturing Exporting Countries
2010, Billions
$1477
$1091
$944
$680
$409
France Japan United States Germany China
Source: World Trade Organization, 2011
21. US Service Trade
Billions, 2010
$518
$160 billion
$358 trade surplus
Service Service
Imports Exports
Source: World Trade Organization, 2011 (Data reflect Commercial Services)
26. 2.7 million
clean economy jobs
Sources: Brookings-Battelle Clean Economy Database (2011)
27. 2.7 million
clean economy jobs
1.4 million
biosciences jobs
2.4 million
fossil fuel jobs
4.8 million
IT jobs
Sources: Brookings-Battelle Clean Economy Database (2011), Brookings Analysis of Battelle, BLS, Moody’s Analytics data
29. Export Intensity
Yearly Export Earnings per Job
$20,124
$53.9 billion
clean economy exports
$10,392
National Clean
Economy Economy
Source: Brookings-Battelle Clean Economy Database (2011) and Moody’s Economy.com
30.
31. 35%
manufacturing
68%
manufacturing
90%
manufacturing
share of engineers share of R&D share of patents
Source: EOP “A Framework for Revitalizing American
Manufacturing” (2009)
Brookings “Accelerating Advanced Manufacturing with New
Research Centers” (2011)
33. Shale Gas Fuels U.S.
e Manufacturing
China Be gins to Los Renaissance
r ld’s Factory
Edge as Wo
January 10, 2013
Reshorin
or US Names China On g Manuf
Flo Coming
Abundant, affordable domestic natural gas
Home
acturing
:
January 16, 2
013 Intellectual-Property helping to revitalize energy-intensive
is
January
a is losing it s competitive
Watchlist industries like petrochemical 19, 2013
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34.
35. 11%
wage premium
in exporting firms
Greater likelihood
of health and
retirement benefits
in export-intense
industries
Source: Istrate, Rothwell & Katz, Export Nation (2010)
38. Educational Attainment
Associate’s Degree or Higher
56%
36% 39%
25%
19%
United Asians Non-Hispanic African Hispanics
States Whites Americans
Source: US Census Bureau, 2010 American Community Survey
39. 1 2 3
The next economy will be
2 largely metropolitan
43. Georgia
Atlanta, Augusta, Chattanooga
Albany, Athens, Brunswick, Columbus, Dalton, Gainesville, Hinesville,
Macon, Rome, Savannah, Valdosta, Warner Robins
82% 87%
Population GDP
44. Top 100 Metro Exports
Share of U.S. Totals
75%
66% 63%
Population Service Manufacturing
Exports Exports
Source: Brookings, ExportNation 2012
45. Top 100 Metro Exports
Share of U.S. Totals
76% 78%
66% 68%
Population Chemical Business/ Computer/
Products Professional Electronic
Services Products
Source: Brookings, ExportNation 2012
46. Top 100 Metro Trade Logistics
Share of U.S. Totals
88% 92%
66% 82%
Population U.S. Air Foreign Airline
Cargo Waterborne Boardings
Weight Cargo Weight
Source: Brookings analysis of US Census Bureau, FAA, and PIERS data (2009)
49. Logistics Hub Multi-National Corporations
International Legacy of Olympics World Class Universities
50. Atlanta, GA Metro Manufacturing Dashboard
Top Manufacturing Sectors
Manufacturing Jobs
142,416
Manufacturing Manufacturing
Intensity Growth
2010 Q1 - 2011 Q4
8.5% 4.3%
6.2%
2.7% Food 16.5%
Plastics & Rubber 8.1%
Computers & Electronics 7.5%
Atlanta Atlanta
US
Metro US Fabricated Metal Products 6.8%
Metro
Printing & Support Activities 6.4%
Source: Brookings, Locating American Manufacturing 2012
51. Atlanta, GA Metro Export Dashboard
Goods & Services Exports
Export Volume
$20.0 B
52.8% 47.2%
services share goods share of
Export Jobs of exports exports
151,700
Top Services Sectors Top Goods Sectors
Export Intensity
9.8% Travel & Tourism 18.9% Chemicals 7.9%
8.0%
Transportation
Business Services 12.1% Equipment
6.3%
Top 100 Atlanta Royalties 6.8% Food 6.2%
Metros Metro
Source: Brookings, ExportNation 2012
52. Atlanta, GA Metro Export Dashboard
Atlanta’s Top Export Destinations
By 2010 Volume (in millions)
Canada $3,070.3 Germany $843.9
Mexico $1,678.8 Brazil $621.3
Japan $1,430.4 South Korea $591.3
United
$1,361.0 France $507.8
Kingdom
China $1,028.6 Netherlands $478.2
Source: Brookings, ExportNation 2012
53. Atlanta, GA Metro Global Aviation Dashboard
Share of Atlanta Passenger Air Atlanta’s Top Air Travel Connections
Travel to Major Global Regions By 2011 Total Passengers
By 2011 Total Passengers
Seoul 188,207
Latin America/
Rest of Caribbean
World London 185,587
27.4%
36.8%
Toronto 177,215
10.8%
North 24.9% Cancun 165,260
America
Western Europe Montego Bay 97,117
Source: Brookings “Global Gateways: International Aviation in Metropolitan America” (2012)
54. Atlanta, GA Foreign Talent Dashboard
Immigrant Profile H-1B Demand Profile
13.5%
immigrant
29th
of 100 metros
8,309 12th
share of population H-1B requests of 106 metros
Immigrant Skills H-1B Requests per Capita
Age 25+
43% 42% 3.6
28% 27% 30% 32% 2.4
17th
of 106 metros
US Atlanta US Atlanta US Atlanta
United Atlanta
Low Skilled Middle Skilled High Skilled States Metro
Sources: Brookings, State of Metropolitan America (2010), Geography of Immigrant Skills (2011), Demand for H-1B Immigrant Workers in US Metros (2012)
55. 1 2 3
Metropolitan areas METRO
3 are driving innovation INNOVATION
57. Market Assessment
Metropolitan Export Planning Economic Profile Target Sectors
15% 12%
8% 9%
12%
13%
9%
Establish Goals & Strategies
Syracuse
Portland
Double exports Support key sectors
Minneapolis- Increase global fluency Boost SME exports
Saint Paul
Los Angeles Collaborate to Compete
Firms
Universities Governments
Philanthropy
58. Metropolitan Export Planning Goal: Double exports in the next five years
Target industries: computers and
electronics, clean technology & innovation
Portland
Strategies:
1. Leverage primary exporters in computer
and electronics
2. Catalyze under-exporters in manufacturing
3. Improve the export pipeline for small
business
4. “We Build Green Cities” - brand and
market Greater Portland’s global edge
59. Metropolitan Export Planning Goal: Double exports in the next five years
Target industries: computers and
electronics, clean technology & innovation
Portland
City of
Portland
Mayor’s Office
60. Goal: Double exports in the next five years
Metropolitan Export Planning & foster more globally-fluent, export-
oriented business culture
Target industries: aerospace, computers
and electronics, pharmaceuticals, film and
television, professional services
Strategies:
Los Angeles 1. Establish the Los Angeles Regional Export
Council
2. Target high-opportunity market segments
3. Market the Los Angeles region to the world
61. Goal: Double exports in the next five years
Metropolitan Export Planning & foster more globally-fluent, export-
oriented business culture
Target industries: aerospace, computers
and electronics, pharmaceuticals, film and
television, professional services
Los Angeles Regional Export Council
City of
Los Angeles
Los Angeles
University of University of
Southern California Los
California Angeles
63. Metropolitan Export Planning Metropolitan
Atlanta
Export Plan
Build on Metropolitan Atlanta’s Strengths
Atlanta
Goals Strategies
Target industries Network
65. State Governments Florida
Enterprise Florida
12 international
offices
state GDP added from export
$3 b assistance & business
development in 2011
Office of Freight, Logistics &
Passenger Operations
Coordinates multimodal freight statewide by
aligning with regional freight strategies
66. State Governments Colorado
Space Cluster
states joining Colorado to advocate for
4 and promote space cluster initiatives
$20m competitive matching grants for
early-stage tech development in CO
Ohio
Third Frontier & Edison Tech Centers
to foster innovation
$700 m ecosystem in Ohio
2010-2016
regional centers providing innovation &
7 commercialization services
67. State Governments Georgia
Exports & FDI
12 international
offices worldwide
FDI attracted statewide
$2.8 b in 2012
Port investments/support
in state committed or
proposed funds for Port
$231 m of Savannah expansion
project
68. State Governments Georgia
Exports & FDI
12 international
offices worldwide
FDI attracted statewide
$2.8 b in 2012
Port investments/support
in state committed or
proposed funds for Port
$231 m of Savannah expansion
project
69. Federal Government
Free Trade
AgreFree ntrade
eme T
Agreem
e
F ree Trade nt
Agreement
Trans-Pacific
Partnership National Freight International Trade
Export-Import Bank
Strategy Administration
Europe
Reform Modernize & International
Open New Export
Immigration for Prioritize Trade Market
Markets Financing
Competitiveness Corridors Intelligence