Brookings Metropolitan Policy Program: 2012 Atlanta State of the Region Presentation

1. DELIVERING THE NEXT ECONOMY IN METRO ATLANTA @bruce_katz Metropolitan Policy Program Atlanta Regional Commission - Atlanta, Georgia / October 12, 2012 at BROOKINGS

2. Arts & Culture Logistics Hub Fortune 500 Firms Livable Centers Talented & Diverse Workforce World Class Universities

3. 1 2 3 A vision for the next 1 American economy @bruce_katz

4. Global GDP 21.0% BIC Countries 19.9% US 2009 Source: International Monetary Fund, World Economic Outlook Database, April 2010

5. Global GDP 26.5% BIC Countries 17.9% US 2015 Source: International Monetary Fund, World Economic Outlook Database, April 2010

6. Global Metro Population 50% 2009

7. Global Metro Population 60% 2030 Source: UN Department of Economic-Social Affairs, World Urbanization Prospects, 2009

8. Economic Performance 2010-2011 Highest Performing Metros Lowest Performing Metros Source: Brookings, Global MetroMonitor, January 2012

9. Exports Share of GDP 2010 30% 29% 22% 13% China Canada India 15% 15% United States Japan European Union Source: Brookings analysis of WTO and EIU data, 2011

10. Transport Networks are Clogged and Congested

11. Can we get back into the export game?

12. $944 billion US manufactured exports 2010

13. Top Manufacturing Exporting Countries 2010, Billions $1477 $1091 $944 $680 $409 France Japan United States Germany China Source: World Trade Organization, 2011

14. US Service Trade Billions, 2010 $518 $160 billion $358 trade surplus Service Service Imports Exports Source: World Trade Organization, 2011 (Data reﬂect Commercial Services)

15. Can the U.S. play in the low carbon revolution?

16. 2.7 million clean economy jobs Sources: Brookings-Battelle Clean Economy Database (2011)

17. 2.7 million clean economy jobs 1.4 million biosciences jobs 2.4 million fossil fuel jobs 4.8 million IT jobs Sources: Brookings-Battelle Clean Economy Database (2011), Brookings Analysis of Battelle, BLS, Moody’s Analytics data

18. 35% manufacturing 68% manufacturing 90% manufacturing share of engineers share of R&D share of patents Source: EOP “A Framework for Revitalizing American Manufacturing” (2009) Brookings “Accelerating Advanced Manufacturing with New Research Centers” (2011)

19. Can the U.S. be an Innovation Nation?

20. d of Cheap The En The coming US China bh es Chinsa dah o e e w ge e n USaNaminosmaanmOn ow What do s o ring C nushale gas 38% facturing? Quake Dis for Inte wil u global mallectual-Property l fuel it r pts Key S April uppl Ma y 10Watchlist23, 2012 y Chains , 2012 ing manufactur ld’s largest is the worTe Apriisio0, , 01 China l fro f elev 3 n m r2t ay s s power. Aprilutput on tyears nd o2htodhin,gthe CEA and Its o 30, 2012 es a t e s, s Fe l pip teederal Reservsschairman will smartphone The o rtrpae ed yourratetasuhquake ts for a again manufacturing share of fo e you can dr op on leb ce a cade nof at st cted China's 010. JapannFdeaccionofrunexpeck nostrong t ou th China ow 2insufﬁcient protectfacto ies ru rthe America’s in growthturinisitime orcecredit will go to as rIs g. dtay f the d fac . Thrights remains shutdown manu b f globaltual unroady e eply t mt they a top s across economic growth propert h c fifth ointellec couchtrywispagaruhafro m in, so c de t ins given the very low oam e count f ding th the a priorityo en tion in manpolicy,t s have made for ergyustries, bf its tr d trade U.S. pr y o ut ices p Chnd onaigbe r imUS. ry's curb ed infla c h m ly in fou ina e b y ge the have "troubling" directioniof recent government pact for partn drawin oa p chea the ermofa n er co will o ers. But Low-cost enes gy uld chave in awned an d supporting domestsp me measureslosaheaat rgethe allssortsio gothe weeks e. g to a c aimedsu as in di rupt export ic 2009 Q3 - 2011 Q4 way t ods,of ns mak from innovation, the U.S.to gh the globentative's e their chemicahroTrade Repres al s ls u tyres. upply chain. ofﬁce said The 8.9- Monday. m agnitude ear the largest o th quake, on n record, ha e of activity for n s crippled ow in a coun try that is a Source: Brookings analysis of Moody’s Economy.com data

21. 11% wage premium in exporting ﬁrms Greater likelihood of health and retirement beneﬁts in export-intense industries Source: Istrate, Rothwell & Katz, Export Nation (2010)

22. Educational Attainment Associate’s Degree or Higher 56% 36% 39% 25% 19% United Asians Non-Hispanic African Hispanics States Whites Americans Source: US Census Bureau, 2010 American Community Survey

23. Educational Attainment Associate’s Degree or Higher 25% 19% African Hispanics Americans Source: US Census Bureau, 2010 American Community Survey

24. 1 2 3 The next economy will be 2 largely metropolitan @bruce_katz

25. Georgia Atlanta, Augusta, Chattanooga 61% 66% Population GDP

26. Georgia Atlanta, Augusta, Chattanooga Albany, Athens, Brunswick, Columbus, Dalton, Gainesville, Hinesville, Macon, Rome, Savannah, Valdosta, Warner Robins 82% 87% Population GDP

27. Top 100 Metro Exports Share of U.S. Totals 75% 66% 63% Population Service Manufacturing Exports Exports Source: Brookings, ExportNation 2012

28. Top 100 Metro Exports Share of U.S. Totals 76% 78% 66% 68% Population Chemical Business/ Computer/ Products Professional Electronic Services Products Source: Brookings, ExportNation 2012

29. Top 100 Metro Trade Logistics Share of U.S. Totals 88% 92% 66% 82% Population U.S. Air Foreign Airline Cargo Waterborne Boardings Weight Cargo Weight Source: Brookings analysis of US Census Bureau, FAA, and PIERS data (2009)

30. Top 100 Metro Clean Economy Employment Share of U.S. Totals 90% 78% 80% 83% 66% Population Solar PV Wind Renewable Green Energy Energy Energy Architecture & Construction Services Services Source: Brookings, “Sizing the Clean Economy” (2011)

31. Top 100 Metro Innovative Assets Share of U.S. Totals 94% 78% 82% 74% 75% 66% Population College Graduate Patents NIH/NSF Venture Degrees Degrees Funding Capital Funding Source: Brookings analysis of US Census Bureau, BLS, BEA, NIH and NSF data

32. Aerial imagery: © DigitalGlobe, GeoEye, Sanborn, USGS, USDA FSA

33. Atlanta, GA Metro Export Dashboard Goods & Services Exports Export Volume $20.0 B 52.8% 47.2% services share goods share of Export Jobs of exports exports 151,700 Top Services Sectors Top Manufacturing Sectors Export Intensity 9.8% Travel & Tourism 18.9% Chemicals 7.9% 8.0% Transportation Business Services 12.1% Equipment 6.3% Top 100 Atlanta Royalties 6.8% Food 6.2% Metros Metro Source: Brookings, ExportNation 2012

34. Atlanta, GA Metro Clean Economy Dashboard Clean Jobs Clean Employment 43,060 Intensity Top Sectors By Industry 2.0% 2.1% LQ 1.9% 1.9% Specialization Smart Grid 9.3 Water Efﬁcient Products 4.2 Appliances 4.0 Top 100 U.S. Georgia Atlanta Metro Metros Source: Brookings, Sizing the Clean Economy 2011

35. Atlanta, GA Metro Manufacturing Dashboard Top Manufacturing Sectors Manufacturing Jobs 142,416 Manufacturing Manufacturing Intensity Growth 2010 Q1 - 2011 Q4 8.5% 4.3% 6.2% 2.7% Food 16.5% Plastics & Rubber 8.1% Computers & Electronics 7.5% Atlanta Atlanta US Metro US Fabricated Metal Products 6.8% Metro Printing & Support Activities 6.4% Source: Brookings, Locating American Manufacturing 2012

36. Atlanta, GA Metro Opportunity Dashboard Educational Attainment Immigrant Composition Associate’s Degree or Higher By Skill Level (Age 25+) 56.7% 46.3% 41.6% 41.1% 34.6% 31.8% 26.6% 20.5% Atlanta Asian Non-Hispanic African Hispanic Low Middle High Text MetroTotal White American Skilled Skilled Skilled Source: Brookings, State of Metropolitan America (2011) and The Geography of Immigrant Skills (2011)

37. Atlanta, GA Metro Opportunity Dashboard Transit Accessibility Share of Working-Age Residents Share of all Jobs Reachable via with Transit Coverage public transit in 90 minutes 38% 69%Atlanta Top 100 Metro 22% 30% Atlanta Top 100 Metro Metro Average Metro Average Source: Brookings, Missed Opportunity: Transit and Jobs in Metropolitan America (2011)

38. 1 2 3 Metropolitan areas METRO 3 are driving innovation INNOVATION @bruce_katz

39. Innovate Locally

40. Market Assessment Metropolitan Business Planning Economic Profile Target Sectors 15% 12% 8% 9% 12% 13% 9% Seattle Establish Goals & Strategies Syracuse Portland Double exports Support key sectors Minneapols- Increase global ﬂuency Boost SME exports Saint Paul Northeast Ohio Los Angeles Collaborate to Compete Firms Universities Governments Philanthropy

41. Key manufacturing growth sectors: Metropolitan Business Planning fuel cells, electric vehicles, organic electronics Retool manufacturing and retrain industrial workers Northeast Ohio Case Western The University John Glenn Reserve of Akron Research Center

42. Metropolitan Business Planning Atlanta Metrop Busine olitan ss Pla n Atlanta Buildin g on Lo gistics Base

43. Innovation A 21st Century economy shaping/place- making strategy that connects and clusters District innovation-generating anchor institutions and In• no• va• tion companies with entrepreneurial ﬁrms, Dis•trict infrastructure, housing, retail, and amenities.

44. 19th Century Industrial Districts 20th Century Science Parks

45. Innovation Districts

46. Savannah Emory College of University Art & Design High Atlanta MuseumMuseum Symphony of Art of Design Orchestra Atlanta Woodruff Atlanta Georgia Arts Federal Tech Center Reserve Fox Theatre Centennial Olympic Park Coca- Cola Company CNN Georgia Center Dome Georgia Clark Phillips Atlanta State Arena Georgia University City Capitol Morehouse Hall College Turner Field

47. Innovate Locally Network Globally

48. Toronto London Frankfurt New York Paris Tokyo Shanghai Lagos Sao Paulo Sydney

49. Detroit Cologne Monterrey Chongqing Bogota Hanoi Chennai Johannesburg

50. Rotterdam Hamburg Los Angeles Tianjin Dubai Seoul Singapore Durbin Buenos Aires

51. Atlanta’s Top Export Destinations Atlanta’s Top Air Travel Destinations 2010 Volume 2011 Total Passengers Canada $3.07 B Seoul 188,207 Mexico $1.68 B London 185,587 Japan $1.43 B Toronto 177,215 United $1.36 B Cancun 165,260 Kingdom Montego China $1.03 B 97,117 Bay Source: Brookings, Export Nation II (2012) Brookings analysis of all international passenger trafﬁc between Atlanta and other global metros (2012)

52. Target industries: aerospace, Metropolitan Business Planning computer and electronic products, pharmaceuticals, professional services, ﬁlm and television Grow Los Angeles metropolitan exports Los Angeles Regional Export Council City of Los Angeles Los Angeles University of University of Southern California Los California Angeles

53. Innovate Locally Network Globally Advocate Nationally

54. EXECUTIVE OFFICE OF THE PRESIDENT Council of Economic Advisors Council on Environmental Quality National Security Council Office of Administration Office of Management & Budget Office of Nat’l Drug Control Policy Office of Policy Development Office of Science & Technology Policy Office of the US Trade Representative CABINET AGENCIES Department of Agriculture Department of Commerce Department of Defense Department of Education Department of Energy Department of Health & Human Department of Homeland Security Department of Housing & Urban Department of the Interior Department of Justice Services Development Department of Labor Department of State Department of Transportation Department of Treasury Department of Veterans Affairs INDEPENDENT ESTABLISHMENTS AND GOVERNMENT CORPORATIONS Corporation for Equal Employment African Development Central Intelligence Commodity Futures Consumer Product Defense Nuclear Environmental Export-Import Bank of National and Opportunity Foundation Agency Trading Commission Safety Commission Facilities Safety Board Protection Agency the United States Community Service Commission Federal Federal Mine Safety & Farm Credit Federal Deposit Federal Election Federal Housing Federal Labor Federal Maritime Federal Mediation and Communications Health Review Administration Insurance Corporation Commission Finance Board Relations Authority Commission Conciliation Service Commission Commission Federal Retirement National Aeronautics National Archives and Federal Reserve Federal Trade General Services Inter-American Merit Systems National Capital Thrift Investment and Space Records System Commission Administration Foundation Protection Board Planning Commission Board Administration Administration National Foundation National Railroad National Occupational Safety & National Credit Union National Labor National Mediation National Science Nuclear Regulatory on the Arts and Passenger Corporation Transportation Safety Health Review Administration Relations Board Board Foundation Commission Humanities (AMTRAK) Board Commission Overseas Private Office of Government Office of Personnel Office of Special Pension Benefit Postal Rate Railroad Retirement Securities and Investment Peace Corps Ethics Management Council Guaranty Corporation Commission Board Exchange Commission Corporation US Agency for Selective Service Small Business Social Security Tennessee Valley Trade & Development US Commission on US International Trade International US Postal Service System Administration Administration Authority Agency Civil Rights Commission Development

55. EXECUTIVE OFFICE OF THE PRESIDENT Council of Economic Advisors Council on Environmental Quality National Security Council Office of Administration Office of Management & Budget Office of Nat’l Drug Control Policy Office of Policy Development Office of Science & Technology Policy Office of the US Trade Representative CABINET AGENCIES Department of Agriculture Department of Commerce Department of Defense Department of Education Department of Energy Department of Health & Human Department of Homeland Security Department of Housing & Urban Department of the Interior Department of Justice Services Development Department of Labor Department of State Department of Transportation Department of Treasury Department of Veterans Affairs INDEPENDENT ESTABLISHMENTS AND GOVERNMENT CORPORATIONS Corporation for Equal Employment African Development Central Intelligence Commodity Futures Consumer Product Defense Nuclear Environmental Export-Import Bank of National and Opportunity Foundation Agency Trading Commission Safety Commission Facilities Safety Board Protection Agency the United States Community Service Commission Federal Federal Mine Safety & Farm Credit Federal Deposit Federal Election Federal Housing Federal Labor Federal Maritime Federal Mediation and Communications Health Review Administration Insurance Corporation Commission Finance Board Relations Authority Commission Conciliation Service Commission Commission Federal Retirement National Aeronautics National Archives and Federal Reserve Federal Trade General Services Inter-American Merit Systems National Capital Thrift Investment and Space Records System Commission Administration Foundation Protection Board Planning Commission Board Administration Administration National Foundation National Railroad National Occupational Safety & National Credit Union National Labor National Mediation National Science Nuclear Regulatory on the Arts and Passenger Corporation Transportation Safety Health Review Administration Relations Board Board Foundation Commission Humanities (AMTRAK) Board Commission Overseas Private Office of Government Office of Personnel Office of Special Pension Benefit Postal Rate Railroad Retirement Securities and Investment Peace Corps Ethics Management Council Guaranty Corporation Commission Board Exchange Commission Corporation US Agency for Selective Service Small Business Social Security Tennessee Valley Trade & Development US Commission on US International Trade International US Postal Service System Administration Administration Authority Agency Civil Rights Commission Development

56. Ofﬁce of the US Trade Representative Export-Import Bank of the United States Department of Commerce Overseas Private International Trade Administration US Census Investment National Technical Information Service Corporation Select USA Bureau of Industry & Security Small Business National Institute of Standards & Technology Minority Business Development Agency Administration Federal Government State Government INTEGRATED METROPOLITAN Universities Firms EXPORT PROMOTION Philanthropy Local Governments

57. $4 trillion in proposed deﬁcit reduction through 2020 Reduce national debt to 40% of U.S. GDP by 2035 Simpson-Bowles Plan 2010

58. DELIVERING THE NEXT ECONOMY IN METRO ATLANTA @bruce_katz Metropolitan Policy Program Atlanta Regional Commission - Atlanta, Georgia / October 12, 2012 at BROOKINGS

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Brookings Metropolitan Policy Program: 2012 Atlanta State of the Region Presentation

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