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U.S. Mayors: Economy’s Gains Will Spread Widely

USA Today (01/22/14) Tim Mullaney

According to a report from the U.S. Conference of Mayors, economic gains will be shared more broadly among the nation’s cities in 2014 than in 2013. All but seven of the 363 U.S. metropolitan areas will experience economic growth this year; last year 97 areas saw economic contraction.

Some 340 metropolitan areas will see at least 1% gains, up from 183 last year. Of the 340 growing economies, 69 will grow by 3% or more. Cities that were heavily affected by the decline of manufacturing or the housing bust are expected to recover.