More than ever, America needs greater dynamism at the local level. Dynamism encompasses the pace of new business formation, the flexibility of labor markets, and geographic mobility, along with how well a region can adapt to technological change and disruption. When dynamism is widespread, the benefits of entrepreneurship, growing wages, and new types of work are available to people up and down the income spectrum. When dynamism falters in cities and regions, stagnation becomes a defining characteristic.
The reports in this series are a first step looking at how to recover dynamism where it has been lost and how to preserve the fundamentals of dynamic cities going forward. The authors bring a diverse range of interests and expertise together to begin to answer key questions about the future well-being of American cities.