U.S. Conference of Mayors

3:04 pm
Tue September 17, 2013

Detroit bankruptcy will not be a trend says U.S. Conference of Mayors

Lead in text: 
President and Mesa, Arizona mayor Scott Smith says the problems that are facing Detroit—like rapid population decline, pension debt, and a decreasing tax base—aren't the same as other cities.
The president of the U.S. Conference of Mayors said today he doesn't expect Detroit's financial crisis to lead to a spate of other municipal bankruptcy filings, characterizing the city's problems as 'an outlier' compared to others. Scott Smith, the mayor of Mesa, Ariz., spoke to the Free Press on a trip to Washington.
7:28 am
Fri June 28, 2013

Report shows recovery rates vary throughout Michigan

Lead in text: 
Kalamazoo should recover jobs all jobs lost during most recent recession in 2018, Battle Creek in 2016
Several Michigan cities aren't expected to recover all the jobs lost during the recent economic downturn until beyond 2023. Meanwhile, the Grand Rapids and Ann Arbor areas already have surpassed their pre-recession peak employment levels, according to a forecast by IHS Global Insight compiled for the U.S. Conference of Mayors.