|By PR Newswire||
|January 22, 2014 07:19 PM EST||
Mayors Release Economic Report During 82nd Winter Meeting in Washington, D.C.
WASHINGTON, Jan. 22, 2014 /PRNewswire-USNewswire/ -- Nearly all (356) of the nation's 363 metropolitan areas are expected to see real economic growth in 2014, unlike in 2013 when 97 metropolitan areas experienced declining economies, according to an economic report released today by The U.S. Conference of Mayors (USCM) at their 82nd Winter Meeting in Washington, D.C., where more than 280 U.S. mayors are gathered to meet with Administration officials, Congressional leaders and top CEOs.
Done in conjunction with IHS Global Insight, the report also shows that nearly all (340) of the metros expect to see real Gross Metropolitan Growth of one percent or higher, compared to only 183 metros seeing the same growth in 2013.
"These numbers are welcome news and prove that our cities and metro areas are finally turning the corner and moving toward steady economic recovery," said USCM President Scott Smith, Mayor of Mesa (AZ). "Mayors have always known that as cities and their metro areas go, so goes the nation. The bipartisan budget agreement is an example that Congress can, in fact, work together for the good of hard-working Americans, and we need this spirit of cooperation to continue for the nation's metro areas to thrive."
Other key findings of the report include:
The National Economy
- US real GDP growth is forecast to be 2.7% in 2014 and 3.2% in 2015; up from 1.9% in 2013.
- Exports are forecast to increase 4.6% in 2014, up from 2013's 2.5%; 2015 exports will continue to expand at 5.1% rate in 2015.
- Growth in consumption will jump to 2.8% compared to only 2.0% in 2013.
- State and local government sector will finally stop its drag on GDP growth, inching into positive territory with a 0.4% growth in 2014, after a -0.2% contraction in 2013 and -.07% in 2012.
- The US unemployment rate is forecast to drop to 6.5% in 2014 and fall to 5.9% for 2015.
- The US unemployment rate will hit 6.0% in early 2015;
- Payroll employment growth rate will be only 1.7% in 2014, a slight increase from the 1.6% growth in 2013. Employment growth in 2015 is slated to be 2.0 %.
- Labor force participation has crashed from a level of 66.1% in 2008 to 63.0%
- US employment levels will finally regain its January 2008 peak by mid-2014.
US Metro Economies
Gross Metro Product (GMP)
- Nearly all (356) of the nation's 363 metro areas are projected to experience real (inflation adjusted) economic growth in 2014, up dramatically from 2013 when 97 had declining economies.
- 69 US metros (19%) are projected to see real economic growth (GMP) of 3.0% or higher in 2014; 226 metros (62%) in 2014 are expected to have real GMP growth of 2.0% or higher.
- 340 metros (93%) are expected to see real growth of 1.0% or higher, compared to 183 metros in 2013.
- Nearly all US metro areas (357) are projected to return to job growth in 2014.
- Only 17 metros will see job growth of 3.0% or higher; one-third (121) are forecast to see job growth of 2.0% or higher, compared to 77 metros in 2013.
- 297 metros (82%) have a projected job growth of 1.0% or higher in 2014, compared to 185 metros which saw 1.0% or higher in 2013.
- 128 metros (35%) are projected to have an unemployment rate of 7.0% or higher for 2014.
- 148 metros (40%) are projected to have a 2014 unemployment rate of 6.0% or less.
The Mayors' meeting, where the report was released, is slated to span three days with confirmed speakers as follows:
Wednesday, Jan 22: Commerce Secretary Pritzker, Energy Secretary Moniz (Q &A), Education Secretary Duncan (Q&A), HHS Secretary Sebelius (Q&A), Consumer Financial Protection Bureau Dir. Cordray (Q&A), U.S. Trade Rep. Froman (Q&A), Mexican Ambassador to the U.S. Mora, Citi N.A. CEO William Mills, Philips Lighting President & CEO Bruno Biasiotta, D.C. Mayor Vincent Gray, Baltimore Mayor Stephanie Rawlings-Blake, San Jose Mayor Chuck Reed, Columbus, OH Mayor Michael Coleman, Indianapolis Mayor Greg Ballard, San Francisco Mayor Ed Lee, Green Bay Mayor Jim Schmitt, Denver Mayor Michael Hancock, Orlando Mayor Buddy Dyer, Fresno Mayor Ashley Swearengin, Bridgeport, CT Mayor Bill Finch, Jacksonville Mayor Alvin Brown
Thursday, Jan 23: Labor Secretary Perez, HUD Secretary Donovan (Q&A), Transportation Secretary Foxx, Walmart USA CEO Bill Simon, Long Beach Mayor Bob Foster, Louisville Mayor Greg Fischer, Phoenix Mayor Greg Stanton, Houston Mayor Annise Parker, Tallahassee Mayor John Marks, Dallas Mayor Mike Rawlings, Gary Mayor Karen Freeman-Wilson, Tampa Mayor Bob Buckhorn, San Antonio Mayor Julian Castro
Friday, Jan 24: Homeland Security Secretary Johnson, House Transportation Chair Shuster, Oakland Mayor Jean Quan, Santa Barbara Mayor Helene Schneider, Memphis Mayor A.C. Wharton, Madison Mayor Paul Soglin, Tuscaloosa, AL Mayor Walter Maddox, Lansing Mayor Virg Bernero, Laredo, TX Mayor Raul Salinas, Indianapolis Mayor Greg Ballard, Columbia, SC Mayor Steve Benjamin, Lima, OH Mayor David Berger
All business sessions of the U.S. Conference of Mayors are OPEN to the press unless otherwise indicated (EVENING EVENTS ARE CLOSED). All press MUST register to attend the meeting at http://usmayors.org/82ndWinterMeeting/press_registration.asp. An AGENDA and list of PRE-REGISTERED MAYORS are available at www.usmayors.org. On-site registration will also be available with the proper press credentials at the Capital Hilton - 2nd Floor in the Pan American Room during the meeting.
The U.S. Conference of Mayors is the official nonpartisan organization of cities with populations of 30,000 or more. There are 1,399 such cities in the country today, and each city is represented in the Conference by its chief elected official, the mayor. Like us on Facebook at facebook.com/usmayors, or follow us on Twitter at twitter.com/usmayors.
SOURCE The U.S. Conference of Mayors
DevOps is being widely accepted (if not fully adopted) as essential in enterprise IT. But as Enterprise DevOps gains maturity, expands scope, and increases velocity, the need for data-driven decisions across teams becomes more acute. DevOps teams in any modern business must wrangle the ‘digital exhaust’ from the delivery toolchain, "pervasive" and "cognitive" computing, APIs and services, mobile devices and applications, the Internet of Things, and now even blockchain. In this power panel at @...
Dec. 6, 2016 11:00 AM EST Reads: 528
SYS-CON Events has announced today that Roger Strukhoff has been named conference chair of Cloud Expo and @ThingsExpo 2017 New York. The 20th Cloud Expo and 7th @ThingsExpo will take place on June 6-8, 2017, at the Javits Center in New York City, NY. "The Internet of Things brings trillions of dollars of opportunity to developers and enterprise IT, no matter how you measure it," stated Roger Strukhoff. "More importantly, it leverages the power of devices and the Internet to enable us all to im...
Dec. 6, 2016 10:59 AM EST
"Venafi has a platform that allows you to manage, centralize and automate the complete life cycle of keys and certificates within the organization," explained Gina Osmond, Sr. Field Marketing Manager at Venafi, in this SYS-CON.tv interview at DevOps at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 6, 2016 10:30 AM EST Reads: 951
Effectively SMBs and government programs must address compounded regulatory compliance requirements. The most recent are Controlled Unclassified Information and the EU's GDPR have Board Level implications. Managing sensitive data protection will likely result in acquisition criteria, demonstration requests and new requirements. Developers, as part of the pre-planning process and the associated supply chain, could benefit from updating their code libraries and design by incorporating changes. In...
Dec. 6, 2016 10:30 AM EST Reads: 1,150
"ReadyTalk is an audio and web video conferencing provider. We've really come to embrace WebRTC as the platform for our future of technology," explained Dan Cunningham, CTO of ReadyTalk, in this SYS-CON.tv interview at WebRTC Summit at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 6, 2016 10:15 AM EST Reads: 524
Financial Technology has become a topic of intense interest throughout the cloud developer and enterprise IT communities. Accordingly, attendees at the upcoming 20th Cloud Expo at the Javits Center in New York, June 6-8, 2017, will find fresh new content in a new track called FinTech.
Dec. 6, 2016 09:15 AM EST Reads: 2,141
Whether your IoT service is connecting cars, homes, appliances, wearable, cameras or other devices, one question hangs in the balance – how do you actually make money from this service? The ability to turn your IoT service into profit requires the ability to create a monetization strategy that is flexible, scalable and working for you in real-time. It must be a transparent, smoothly implemented strategy that all stakeholders – from customers to the board – will be able to understand and comprehe...
Dec. 6, 2016 09:00 AM EST Reads: 3,965
Keeping pace with advancements in software delivery processes and tooling is taxing even for the most proficient organizations. Point tools, platforms, open source and the increasing adoption of private and public cloud services requires strong engineering rigor – all in the face of developer demands to use the tools of choice. As Agile has settled in as a mainstream practice, now DevOps has emerged as the next wave to improve software delivery speed and output. To make DevOps work, organization...
Dec. 6, 2016 09:00 AM EST Reads: 5,807
"Qosmos has launched L7Viewer, a network traffic analysis tool, so it analyzes all the traffic between the virtual machine and the data center and the virtual machine and the external world," stated Sebastien Synold, Product Line Manager at Qosmos, in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 6, 2016 09:00 AM EST Reads: 707
In his keynote at 18th Cloud Expo, Andrew Keys, Co-Founder of ConsenSys Enterprise, provided an overview of the evolution of the Internet and the Database and the future of their combination – the Blockchain. Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life sett...
Dec. 6, 2016 08:45 AM EST Reads: 7,124
The WebRTC Summit New York, to be held June 6-8, 2017, at the Javits Center in New York City, NY, announces that its Call for Papers is now open. Topics include all aspects of improving IT delivery by eliminating waste through automated business models leveraging cloud technologies. WebRTC Summit is co-located with 20th International Cloud Expo and @ThingsExpo. WebRTC is the future of browser-to-browser communications, and continues to make inroads into the traditional, difficult, plug-in web co...
Dec. 6, 2016 08:30 AM EST Reads: 1,335
Successful digital transformation requires new organizational competencies and capabilities. Research tells us that the biggest impediment to successful transformation is human; consequently, the biggest enabler is a properly skilled and empowered workforce. In the digital age, new individual and collective competencies are required. In his session at 19th Cloud Expo, Bob Newhouse, CEO and founder of Agilitiv, drew together recent research and lessons learned from emerging and established compa...
Dec. 6, 2016 08:30 AM EST Reads: 879
Without lifecycle traceability and visibility across the tool chain, stakeholders from Planning-to-Ops have limited insight and answers to who, what, when, why and how across the DevOps lifecycle. This impacts the ability to deliver high quality software at the needed velocity to drive positive business outcomes. In his general session at @DevOpsSummit at 19th Cloud Expo, Phil Hombledal, Solution Architect at CollabNet, discussed how customers are able to achieve a level of transparency that e...
Dec. 6, 2016 08:15 AM EST Reads: 1,062
WebRTC is the future of browser-to-browser communications, and continues to make inroads into the traditional, difficult, plug-in web communications world. The 6th WebRTC Summit continues our tradition of delivering the latest and greatest presentations within the world of WebRTC. Topics include voice calling, video chat, P2P file sharing, and use cases that have already leveraged the power and convenience of WebRTC.
Dec. 6, 2016 08:15 AM EST Reads: 1,672
"Coalfire is a cyber-risk, security and compliance assessment and advisory services firm. We do a lot of work with the cloud service provider community," explained Ryan McGowan, Vice President, Sales (West) at Coalfire Systems, Inc., in this SYS-CON.tv interview at 19th Cloud Expo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 6, 2016 08:00 AM EST Reads: 899