1. GLOBAL CITIES INITIATIVE
A J O I N T P R OJ ECT O F B R O O K I N GS A N D J P M O R GA N C H AS E
Seattle, WA / April 10, 2014
@bruce_katz
#globalcities
14. Source: UN Department of Economic-Social Affairs, World Urbanization Prospects, 2011
31%
China Africa
49% 39%
India
Urban Share of Total Population
2010
15. Source: UN Department of Economic-Social Affairs, World Urbanization Prospects, 2011
China Africa India
+297 million
by 2030
+227 million
by 2030
+343 million
by 2030
40%69% 48%
Urban Share of Total Population
2030
16. Source: Boston Consulting Group, “Winning in Emerging Market Cities,” (2010)
Photos: Wikipedia/Jonathan Olsson, Jeet221990, Flickr/United Nations Photos, Francisco Anzota
$30-$40 trilliontotal infrastructure investment required in emerging
market cities, 2010 - 2030
17. Source: Boston Consulting Group, “Winning in Emerging Market Cities,” (2010)
Photos: Wikipedia/Jonathan Olsson, Jeet221990, Flickr/United Nations Photos, Francisco Anzota
$13.8 trilliontotal housing investment required in emerging market
cities, 2010 - 2030
18. Source: McKinsey Global Institute, “Urban World: Cities and the Rise of the Consuming Class,” (2012)
$200 billiontotal investment in increasing global port capacity by 2025
19.
20. 5,000
$1 billion increase
in exports supports
jobs
11%wage premium
in exporting firms
Greater likelihood
of health and
retirement benefits
in export-intense
industries
26. Exports Share of GDP
2010
13%
United States
29% 22%
15%
30%
Japan
China Canada India
European Union
15%
Source: Brookings analysis of WTO and EIU data, 2011
31. Software Computer Systems
Design
Telecommunications R&D Consulting
Services
Services
Pharmaceuticals Advanced
Machinery
Medical EquipmentMotor Vehicles &
Parts
Computer & Electronic
Devices
Aerospace
Manufacturing
Advanced Industries
32. 85%advanced industry
share of private
sector R&D
67%advanced industry
share of patents
30%advanced industry
share of engineers
Sources: Brookings analysis of BRDIS,
Strumsky-Lobo Patent Database, and OES data
Advanced Industries
33. Drive Productivity in
Other Industries
Stimulate Local
Economies
Support Long
Supply Chains
Develop Technology that
Transforms Lives
Advanced Industries
37. Source: US Census Bureau, 2010 American Community Survey
Hispanics
19%
African
Americans
Non-Hispanic
Whites
Asians
25%
39%
56%
Educational Attainment
Associate’s Degree or Higher
United
States
36%
Human Capital
38. Source: US Census Bureau, 2010 American Community Survey
Hispanics
19%
African
Americans
25%
Educational Attainment
Associate’s Degree or Higher
Human Capital
46. Seattle, Portland, Spokane, Olympia, Kennewick-Pasco-Richland,
Bremerton-Silverdale, Yakima, Bellingham, Mount Vernon-Anacortes,
Wenatchee, Longview and Lewiston Metropolitan Areas
Source: Brookings, Metropolitan Areas and the Next Economy (2011)
Population
92%
GDP
88%
Washington
48. Top 100 Metro Exports
Chemical
Products
68%
76%
Business/
Professional
Services
Computer/
Electronic
Products
78%
Population
66%
Share of U.S. Totals
Source: Brookings, ExportNation 2012
49. Top 100 Metro International
Connectivity
Air Cargo
83% 83%
Water Cargo Air
Passengers
96%
Population
66%
Share of U.S. Totals
Source: Brookings, Global Gateways (2012) and Metro Freight (2013)
53. Seattle, WA - Human Capital & Innovation Dashboard
Education
Top 100
Metros
Seattle
Metro
Bachelor’s Degree
Attainment
31.8%
37.0%
STEM Jobs
25.9%
Share of Jobs in STEM
4th of Top 100 Metros
38.5%
STEM Jobs Not
Requiring BA
97th of Top 100 Metros
Patents
3,968
Total Patents,
2007-2011
5th of 358 Metros
2.3
Patents per 1k Workers
15th of 358 Metros
Top Patenting Firms
Microsoft
Boeing
Invention Science Fund
Intel
University of Washington
54. $47.1 b
Top 100
Metros
Seattle
Metro
Export Intensity
12.7%
20.3%
Export Value
Goods & Services Exports
25.1%
services share
of exports
74.9%
goods share
of exports
Top Goods SectorsTop Goods Sectors
Aircraft Products and
Parts
57.4%
Petroleum and Coal
Products
2.3%
General Purpose
Machinery
1.6%
Top Services SectorsTop Services Sectors
IT Royalties 8.3%
Freight and Port
Services
1.7%
Air Transportation
Services
1.5%
Source: Brookings, ExportNation 2013
Seattle, WA - Export Dashboard
55. Foreign Direct Investment
Jobs
65,045
FDI Employment
14th of Top 100 Metros
Top Foreign Employers Metro-to-Metro Investment
Wireless
Telecommunications
T-Mobile
Suncom
Triton
Powertel
Aerospace
C&D Zodiac
IDD Aerospace
Jamco
Compass-
Aerospace NW
Computer Systems
Design
NCSoft
Atos IT Solutions
Avande
Areva T&D
Top Investor Metros by JobsTop Investor Metros by JobsTop Investor Metros by Jobs
1 Dusseldorf, Germany 13.4%
2 Tokyo, Japan 12.7%
3 Paris, France 7.8%
4 Montreal, Canada 6.1%
5 Toronto, Canada 4.6%
6 Vancouver, Canada 4.6%
7 Sydney, Australia 3.9%
8 Oxford, England 3.5%
Seattle, WA - Foreign Investment Dashboard
4.6%
FDI Employment
Intensity
57th of Top 100 Metros
56. $185.3 b
Top 100
Metros
Seattle
Metro
International
Trade Share
15.8%
20.8%
Total Goods Trade
Goods Trade Air Travel
International
Passengers
13th of Top 90 Metros15th of Top 100 Metros
2,748,861
Top Metros of Origin/DestinationTop Metros of Origin/DestinationTop Metros of Origin/Destination
1 Seoul-Incheon, South Korea 5.0%
2 London, United Kingdom 4.6%
3 Tokyo, Japan 3.9%
4 Victoria, Canada 3.9%
5 Vancouver, Canada 3.8%
6 Puerto Vallarta, Mexico 3.2%
7 San Jose Del Cabo, Mexico 3.1%
8 Beijing, China 2.6%
Top Global Country/
Region Trading Partners
Top Global Country/
Region Trading Partners
Top Global Country/
Region Trading Partners
1 China 5.6%
2 Japan 2.4%
3 Canada 2.2%
4 Mexico 1.7%
5 Other South-Eastern Asia 1.2%
6 Other Western Asia 1.0%
7 South Korea 0.9%
8 Other Northern Europe 0.7%
Seattle, WA - Freight & Air Dashboard
57. 1 2 31 2
3
Metros are engaging
globally in new ways
METRO
INNOVATION
63. CHICAGO
$70 million
Digital Manufacturing &
Design Innovation Institute
Lightweight & Modern Metals
Manufacturing Innovation Institute
DETROIT
$70 million
National Additive Manufacturing
Innovation Institute
YOUNGSTOWN
$30 million
Innovation Human Capital Infrastructure
National Network for Manufacturing Innovation
Next Generation Power Electronics
Manufacturing Innovation Institute
RALEIGH
$70 million
66. PORTMIAMI
Innovation Human Capital Infrastructure
Deep Dredge Project
$220 million project,
funded solely through
state & local resources
Port of Miami Tunnel
Innovative public-private
partnership
Intermodal Rail Reconstruction Project Financed with
competitively-awarded
federal funds to a
partnership of the port,
county & railway
69. Chicago
Mexico City2nd largest
Mexican immigrant population
resides in Chicago metro area
130
Chicago-based firms with
operations in Mexico City
$1.7 billion
total bilateral trade of locally
produced products
290,000
tourists and business travelers
between Chicago and Mexico City
per year
72. GLOBAL CITIES INITIATIVE
A J O I N T P R OJ ECT O F B R O O K I N GS A N D J P M O R GA N C H AS E
Seattle, WA / April 10, 2014
@bruce_katz
#globalcities