Mayors' survey: High technology drives city economies
High-technology industries are dominating the economic growth in cities throughout the nation, according to a new survey from the U.S. Conference of Mayors.
High-technology industries are dominating the economic growth in cities
throughout the nation, according to a new survey from the U.S. Conference
of Mayors.
"America's Cities and the New Economy," released in June at the mayors'
annual conference in Seattle, is based on information provided by 177 of
the nation's larger cities in response to a May survey.
When the mayors were asked to rank industry sectors (including construction,
retail and wholesale, health, high technology, and personal services, among
others) based on their effect on economic growth, the high-tech industry
was most often given the top ranking. It was also cited as the highest priority
for economic development efforts.
Leading the high-tech industry in its impact on growth was telecommunications,
with 43 percent of the mayors ranking it first. Behind telecommunications
were Internet services and electronic commerce.
Ninety percent of respondents said that fiber-optic cable and communications
networks were experiencing "significant or moderate" demands compared to
other infrastructure areas as a result of new high-tech development.
The digital divide — the separation between those with and without technology — is also a concern, the survey showed. About 50 percent of respondents
said lack of access to computers and the Internet was a significant problem
for certain population segments — 84 percent of which said the problem was
serious or very serious.
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