Presentation by Bruce Katz, Vice President of the Brookings Institution and Director of the Metropolitan Policy Program.
Global Cities Initiative forum in Denver, CO on June 26, 2013.
The Global Cities Initiative is a Joint Project of Brookings and JPMorgan Chase.
For more information: http://www.brookings.edu/projects/global-cities.aspx
Uneak White's Personal Brand Exploration Presentation
Brookings Metropolitan Policy Program: Global Cities Initiative, Denver
1. GLOBAL CITIES INITIATIVE
A J O I N T P R OJ ECT O F B R O O K I N GS A N D J P M O R GA N C H AS E
Denver, CO / June 26, 2013
@bruce_katz
#globalcities
14. Economic Performance
2011 - 2012
Highest Performing Metros
Lowest Performing Metros
Source: Brookings, Global MetroMonitor, November 2012
15. Exports Share of GDP
2010
13%
United States
29% 22%
15%
30%
Japan
China Canada India
European Union
15%
Source: Brookings analysis of WTO and EIU data, 2011
28. 1.4 millionbiosciences jobs
4.8 millionIT jobs
2.4 millionfossil fuel jobs
2.7 millionclean economy jobs
Sources: Brookings-Battelle Clean Economy Database (2011), Brookings Analysis of Battelle, BLS, Moody’s Analytics data
33. US Names China On
Intellectual-Property
Watchlist
China's insufficient protection of
intellectual property rights remains a top
priority for U.S. trade policy, given the
"troubling" direction of recent government
measures aimed at supporting domestic
innovation, the U.S. Trade Representative's
office said Monday.
China Begins to Lose
Edge as World’s Factory
Floor
January 16, 2013
BEIJING - China is losing its competitive
edge as a low-cost manufacturing base, new
data suggest, with makers of everything
from handbags to shirts to basic electronic
components relocating to cheaper locales.
The shift - illustrated in weakened foreign
investment in China - has pluses and
minuses for an economy key to global
growth.
Shale Gas Fuels U.S.
Manufacturing
Renaissance
January 10, 2013
Abundant, affordable domestic natural gas
is helping to revitalize energy-intensive
industries like petrochemical
manufacturing.
“Looking back 20 years, chemicals were
out nation’s top export product. But as
recently as five years ago, we were on the
verge of becoming an importer. Now the
industry is back.
January 19, 2013
The number of firms known tohave “reshored” manufacturing to
America is well under 100.Doubtless many more are doing so
quietly. Examples range from the
tiny, such as ET Water Systems, to
the enormous, such as General
Electric, which last year moved
manufacturing of washingmachines. fridges, and heaters
back from China.
Reshoring Manufacturing:Coming Home
34.
35. 11%wage premium
in exporting firms
Source: Istrate, Rothwell & Katz, Export Nation (2010)
Greater likelihood
of health and
retirement benefits
in export-intense
industries
38. Source: US Census Bureau, 2010 American Community Survey
Hispanics
19%
African
Americans
Non-Hispanic
Whites
Asians
25%
39%
56%
Educational Attainment
Associate’s Degree or Higher
United
States
36%
39. Source: US Census Bureau, 2010 American Community Survey
Hispanics
19%
African
Americans
25%
Educational Attainment
Associate’s Degree or Higher
46. Top 100 Metro Exports
Chemical
Products
68%
76%
Business/
Professional
Services
Computer/
Electronic
Products
78%
Population
66%
Share of U.S. Totals
Source: Brookings, ExportNation 2012
47. Top 100 Metro Trade Logistics
U.S. Air
Cargo
Weight
82%
88%
Foreign
Waterborne
Cargo Weight
Airline
Boardings
92%
Population
66%
Share of U.S. Totals
Source: Brookings analysis of US Census Bureau, FAA, and PIERS data (2009)
50. 61,102
US
Denver
Metro
Manufacturing
Intensity
8.5%
5.1%
Manufacturing Jobs
Top Manufacturing Sectors
Denver, CO Metro Manufacturing Dashboard
Food 12.5%
Fabricated Metal Products 11.1%
Computers & Electronics 10.3%
Aerospace 10.0%
Misc Manufacturing 9.9%
US
Denver
Metro
Manufacturing
Growth
2010 Q1 - 2011 Q4
2.7%
0.1%
Source: Brookings, Locating American Manufacturing 2012
51. $10.2 B
Top 100
Metros
Denver
Metro
Export Intensity
9.8%
7.2%
Export Volume
Goods & Services Exports
46.7%
goods share of
exports
Denver, CO Metro Export Dashboard
72,800
Export Jobs
56.3%
services share
of exports
Top Services SectorsTop Services Sectors
Travel & Tourism 17.2%
Business Services 13.9%
Royalties 8.4%
Top Goods SectorsTop Goods Sectors
Transportation
Equipment
6.2%
Petroleum and Coal
Products
5.5%
Computers and
Electronics
5.2%
Source: Brookings, ExportNation 2012
52. Denver, CO Metro Export Dashboard
Source: Brookings, ExportNation 2012
Denver’s Top Export Destinations
By 2010 Volume (in millions)
Canada
Mexico
Japan
United
Kingdom
China
$1,422.7
$773.0
$719.9
$716.5
$474.7
Germany
Brazil
Netherlands
South
Korea
France
$428.8
$358.0
$294.4
$284.1
$268.1
53. Denver, CO Metro Global Aviation Dashboard
Source: Brookings “Global Gateways: International Aviation in Metropolitan America” (2012)
Share of Denver Passenger Air
Travel to Major Global Regions
By 2011 Total Passengers
Denver’s Top Air Travel Connections
By 2011 Total Passengers
Latin America/
Caribbean
Western Europe
North
America
36.7%
Rest of
World
27.5%
16.4%
19.4%
Cancun 141,540
London
Toronto
Puerto
Vallarta
Mexico City
121,891
92,456
71,175
72,945
54. 1 2 31 2
3
Metropolitan areas
are driving innovation
METRO
INNOVATION
56. T h e 1 0 T R A I T S o f
G L O B A L LY F L U E N T
M E T R O A R E A S
57. Globally Aware
Globally Fluent
Globally Oriented
Global Fluency
The level of understanding,
competence, practice and reach
that a metro area exhibits in an
increasingly interconnected world
economy.T h e 1 0 T R A I T S o f
G L O B A L LY F L U E N T
M E T R O A R E A S
58. 1. Leadership with a Worldview
2. Legacy of Global Orientation
3. Specializations with a Global Reach
4. Adaptability to Global Dynamics
5. Culture of Knowledge and Innovation
6. Opportunity and Appeal to the World
7. International Connectivity
9. Government as Global Enabler
10. Compelling Global Identity
8. Investment for Strategic Priorities
T h e 1 0 T R A I T S o f
G L O B A L LY F L U E N T
M E T R O A R E A S
60. STEM Jobs Requiring B.A.
Wage Premium
$42,967
$74,135
STEM Jobs261,210
22.4%
59.7%
STEM Job Share 2011
5. Culture of Knowledge and Innovation
Denver’s STEM Economy
T h e 1 0 T R A I T S o f
G L O B A L LY F L U E N T
M E T R O A R E A S
61. T h e 1 0 T R A I T S o f
G L O B A L LY F L U E N T
M E T R O A R E A S
64. State Governments Colorado
Space Cluster
4 states joining Colorado to advocate for
and promote space cluster initiatives
$20m competitive matching grants for
early-stage tech development in CO
Ohio
Third Frontier & Edison Tech Centers
7 regional centers providing innovation &
commercialization services
to foster innovation
ecosystem in Ohio
2010-2016
$700 m
65. State Governments Florida
12 international
offices
$3 b
state GDP added from export
assistance & business
development in 2011
Office of Freight, Logistics &
Passenger Operations
Coordinates multimodal freight statewide by
aligning with regional freight strategies
Enterprise Florida
66. Reform
Immigration for
Competitiveness
Open New
Markets
Free Trade
AgreementFree Trade
AgreementFree Trade
Agreement
Federal Government
Modernize &
Prioritize Trade
Corridors
National Freight
Strategy
Trans-Pacific
Partnership
Europe
Export
Financing
International
Market
Intelligence
International Trade
Administration
Export-Import Bank
70. GLOBAL CITIES INITIATIVE
A J O I N T P R OJ ECT O F B R O O K I N GS A N D J P M O R GA N C H AS E
Denver, CO / June 26, 2013
@bruce_katz
#globalcities