Cities important for local economy’s future

The emerging focus of the economic future of the Hudson Valley seems particularly to involve the role of the region’s cities and town centers. We all know that the past decade has seen a continued drift of both population and employment to America’s largest cities. New York City now has the largest population in its history, and its workforce has grown at a far higher rate than its population. Look at all the new construction. The city is booming.

It’s not just American cities that have enlarged their share of total national population. Cities everywhere have. A widely distributed statistic tells us that for the first time in human history a majority of the total world population now lives in cities.

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