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November 25, 2024

The inflation Grinch

This week marks the official kickoff of the holiday season. In any given year, about 20 percent of annual retail sales are wrapped up in the weeks between Thanksgiving and New Years Day. The National Retail Federation expects 2024 to deliver the strongest holiday shopping season on record. Consumers are projected to increase their spending by more than $25 per person to a total of $902, $16 higher than the previous record set in 2019.
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May 23, 2023

Domestic offshoring: How housing costs are sorting work across U.S. cities

by Issi Romem, Ph.D.

Economic and political power has historically been concentrated in a small number of command-and-control cities, which serve as nerve centers for business, ideas, and influence. In recent decades, a growing regional divide between costly and affordable U.S. cities has been joined by technological innovations that make it easier for people in different places to collaborate.
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May 23, 2023

Domestic offshoring: A city-by-city analysis

by Issi Romem, Ph.D.

Throughout history, economic and political power has concentrated in key cities, hubs of business, technology, ideas, and influence that thrive as command-and-control centers of the broader economy. Now a transformation is underway.
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