Tag: cities

Pandemic moving study: How remote work spurred moves out of big cities

Mary Pat Campbell

Link: https://www.allconnect.com/blog/covid-moving-trends

Graphic:

Excerpt:

Seemingly overnight, the COVID-19 pandemic launched millions of Americans into a massive work-from-home experiment, with roughly 7 in 10 workers who could work remotely doing so in May 2020. 

But from a bird’s eye view, the way Americans moved in 2020 looks pretty much the same as it has for years. More people moved out of the biggest cities than moved in, while smaller cities and suburbs grew — especially in Arizona, Florida and Texas.

Author(s): Joe Supan

Publication Date: 27 May 2021

Publication Site: allconnect.com

Financial State of the Cities 2021

Mary Pat Campbell

Link: https://www.truthinaccounting.org/news/detail/financial-state-of-the-cities-2021

Excerpt:

Truth in Accounting has released its fifth annual Financial State of the Cities report. This comprehensive analysis surveys the fiscal health of the 75 most populated US cities prior to the coronavirus pandemic. The report found that 62 cities did not have enough money to pay all of their bills. Most of the cities were ill-prepared for any crisis, much less one as serious as what we are currently facing. Total debt among the 75 cities amounted to $333.5 billion at the end of the fiscal year 2019, which will only worsen as the cities face varying and unpredictable effects from the global pandemic.

PDF of full report: https://www.truthinaccounting.org/library/doclib/Financial-State-of-the-Cities-2021.pdf#new_tab

Publication Date: 26 January 2021

Publication Site: Truth in Accounting