According to a report from the Economic Innovation Group, an entrepreneurship-oriented research and advocacy organization, the economy is growing more and more reliant on a smaller and smaller number of “super-performing” counties, some of them in or near Los Angeles, Miami, and New York City. Just 20 counties, out of more than 3,000 nationwide, accounted for half of the net increase in new businesses between 2010 and 2014. The number of counties seeing net job growth has dwindled, too. All in all, this adds up to, in the report’s words, “a massive and historically unprecedented imbalance” in geographic dynamism.
By: Annie Lowrey, The Atlantic
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