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191. Special Edition of the Katrina Index: A One-Year Review of Key Indicators of Recovery in Post-Storm New Orleans

Author:
Amy Liu, Matt Fellowes, and Mia Mabanta
Publication Date:
08-2006
Content Type:
Working Paper
Institution:
The Brookings Institution
Abstract:
A review of dozens of key social and economic indicators on the progress of recovery in the New Orleans region since the impact of Hurricane Katrina finds that: Housing rehabilitation, and demolition, are well underway while the housing market tightens, raising rent and home prices. Across the most hard-hit parishes in the New Orleans area, the pace of demolitions has accelerated in the last six months while the number of permits issued for rehab has nearly doubled in the city. Yet, housing is less affordable as rent prices in the region have increased by 39 percent over the year and home sale prices have spiked in suburban parishes. Across the city, public services and infrastructure remain thin and slow to rebound. Approximately half of all bus and streetcar routes are back up and running, while only 17 percent of buses are in use, a level of service that has not changed since January. Gas and electricity service is reaching only 41 and 60 percent of the pre-Katrina customer base, respectively. The labor force in the New Orleans region is 30 percent smaller today than one year ago and has grown slowly over the last six months; meanwhile, the unemployment rate remains higher than pre-Katrina. The New Orleans metro area lost 190,000 workers over the past year, with the health and education services industries suffering the largest percentage declines. In the past six months, the region has seen 3.4 percent more jobs but much of that may reflect the rise in new job seekers. The unemployment rate is now 7.2 percent, higher than last August. Since last August, over $100 billion in federal aid has been dedicated to serving families and communities impacted by hurricanes Katrina, Rita, and Wilma. In the meantime, the number of displaced and unemployed workers remains high. To date, the federal government has approved approximately $109 billion in federal aid to the Gulf Coast states most impacted by the storms. Of these funds, nearly half has been dedicated to emergency and longer-term housing. In the meantime, an estimated 278,000 workers are still displaced by the storm, 23 percent of whom remain unemployed.
Topic:
Development, Disaster Relief, Economics, and Environment

192. Lessons and Limits: Tax Incentives and Rebuilding the Gulf Coast after Katrina

Author:
Michael J. Rich and Robert P. Stoker
Publication Date:
08-2006
Content Type:
Working Paper
Institution:
The Brookings Institution
Abstract:
In the wake of the devastation wrought by Hurricane Katrina, Congress enacted legislation creating Gulf Opportunity Zones (GO Zones) in localities in Alabama, Louisiana, and Missis- sippi that suffered the most extensive storm damage. Special tax incentives created in these areas are designed to encourage investment, job creation, and economic growth. While many studies have been done to evaluate the effectiveness of federal and state tax-based efforts to redevelop distressed areas, none of the learning has been reflected in policy debates about the Katrina recovery effort. The evidence suggests that tax incentives alone are not enough—they work better when combined with good planning, local capacity-building, and good governance across sectors. This paper will summarize the purpose of the Gulf Opportunity Zone tax program and explain how this latest endeavor reflects the 25-year evolution of federal efforts to use tax incentives as a core tool for revitalizing distressed areas.
Topic:
Development, Disaster Relief, Economics, and Environment
Political Geography:
Alabama, Louisiana, and Mississippi

193. Bearing the Brunt: Manufacturing Job Loss in the Great Lakes Region, 1995-2005

Author:
Howard Wial and Alec Friedhoff
Publication Date:
07-2006
Content Type:
Working Paper
Institution:
The Brookings Institution
Abstract:
Analysis of manufacturing employment and production in seven Great Lakes states and their metropolitan areas from 1995 through 2005 finds that: More than one-third of the nation's loss of manufacturing jobs between 2000 and 2005 occurred in seven Great Lakes states: Illinois, Indiana, Michigan, New York, Ohio, Pennsylvania, and Wisconsin. Between 1995 and 2005, the United States lost more than 3 million manufacturing jobs. Nearly all of this job loss occurred during the last five years, and 37.5 percent of the loss occurred in the seven Great Lakes states. Michigan lost the most manufacturing jobs between 2000 and 2005 (nearly 218,000), followed by Ohio, Illinois, and Pennsylvania. Despite these job losses, manufacturing remains a major driver of the nation's economy and the economy of the Great Lakes region. Because productivity was higher in manufacturing than in other sectors of the economy, in 2004, manufacturing accounted for a higher share of gross state product than its share of employment, both nationwide and in six of the seven states in the Great Lakes manufacturing belt. In addition, productivity in the manufacturing sector increased by 38 percent between 1997 and 2004, a much higher increase than the 24.4 percent growth in productivity for all non-farm businesses during that same time period. Manufacturing job losses were pervasive in Great Lakes metropolitan areas. All but one of the 25 largest manufacturing-dependent metropolitan areas in the Great Lakes region lost manufacturing jobs during the last decade (1995–2005), often at a faster rate than the United States as a whole. Chicago and Detroit lost the most manufacturing jobs in the last five years (over 100,000 jobs each), while Canton, OH, and Flint, MI, lost the greatest shares of manufacturing employment. The metropolitan areas in which manufacturing employment peaked between 1995 and 1997 tended to experience more severe manufacturing job losses between 1995 and 2005 than those in which manufacturing peaked later. The 13 metropolitan areas where manufacturing employment peaked between 1995 and 1997 saw an average 26.8 percent decline in manufacturing employment between 1995 and 2005. In the other 11 metropolitan areas where manufacturing employment peaked later, between 1998 and 2000, the average metropolitan area lost 18.9 percent of its manufacturing jobs during the decade. Manufacturing job losses were a major reason for slow overall job growth, and sometimes overall job losses, in Great Lakes metropolitan areas. Furthermore, employment gains in high-wage advanced service industries, which occurred in all but one of the 25 metropolitan areas studied, were not large enough to offset the loss of manufacturing jobs in most areas.
Topic:
Civil Society, Demographics, Economics, and Human Welfare
Political Geography:
United States, New York, Pennsylvania, Chicago, Ohio, Wisconsin, Illinois, Indiana, and Michigan

194. From Poverty, Opportunity: Putting the Market to Work for Lower Income Families

Author:
Matt Fellowes
Publication Date:
07-2006
Content Type:
Working Paper
Institution:
The Brookings Institution
Abstract:
Public and private leaders have a substantial, and widely overlooked, opportunity today to help lower income families get ahead by bringing down the inflated prices they pay for basic necessities, such as food and housing.
Topic:
Demographics, Economics, Markets, and Poverty

195. Tools to Avoid Disclosing Information About Individuals in Public Use Microdata Files

Author:
Cynthia Taeuber
Publication Date:
06-2006
Content Type:
Working Paper
Institution:
The Brookings Institution
Abstract:
Statistical agencies walk a fine line to meet the needs of two sets of customers: those who demand more detailed data to better understand complex policy questions, and those who demand that their responses to surveys or their use of public services be kept confidential.
Topic:
Development, Economics, Government, and Science and Technology

196. Where Did They Go? The Decline of Middle-Income Neighborhoods in Metropolitan America

Author:
George Galster, Jackie Cutsinger, and Jason C. Booza
Publication Date:
06-2006
Content Type:
Working Paper
Institution:
The Brookings Institution
Abstract:
Middle-income families, the icon of the American Dream, have become a somewhat less prominent part of the American demographic profile over the last quartercentury. Numerous researchers have documented how growing economic inequality in the U.S., characterized by an increasing bifurcation of the income distribution, has slowed the growth of a once-broad American middle class.
Topic:
Demographics, Economics, and Human Welfare
Political Geography:
United States and America

197. Katrina and Rita Impacts on Gulf Coast Populations: First Census Findings

Author:
William H. Frey and Audrey Singer
Publication Date:
06-2006
Content Type:
Working Paper
Institution:
The Brookings Institution
Abstract:
In the late summer of 2005, Hurricanes Katrina and Rita wrought severe damage along much of the Gulf Coast, stretching from Alabama west - ward to Texas, with perhaps the most devastating consequences for the greater New Orleans area.
Topic:
Demographics, Development, Economics, and Environment

198. Delivering a Local EITC: Lessons from the San Francisco Working Families Credit

Author:
Tiana Wertheim and Tim Flacke
Publication Date:
05-2006
Content Type:
Working Paper
Institution:
The Brookings Institution
Abstract:
For families struggling to make ends meet on earnings from low-wage jobs, the federal Earned Income Tax Credit (EITC) has become an essential form of support, boosting the size of annual tax refunds by as much as several thousand dollars. The program is widely recognized for its accessibility (working through the tax code and tax filing system), administrative efficiency and simplicity, and its effectiveness in lifting working poor house- holds out of poverty. Why then shouldn't the EITC serve as a model for other programs for working families, particularly in parts of the country where high costs of living create added difficulties for lower-income residents?
Topic:
Demographics, Economics, and Poverty
Political Geography:
United States and San Francisco

199. Fulfilling the Promise: Seven Steps to Successful Community-Based Information Strategies

Author:
Pari Sabety
Publication Date:
05-2006
Content Type:
Working Paper
Institution:
The Brookings Institution
Abstract:
While some neighborhoods in American cities are resurgent, many others remain stubbornly entrenched in a cycle of underinvestment. A contributing factor is that—despite thriving immigrant populations, high volumes of cash transactions, and relatively stable housing markets—these neighborhoods are victims of an urban information gap which undervalues their commercial potential. The importance of good information for private and public investments is widely acknowledged, but fragmented funding, lack of standards, and spotty data has impeded either effective or universal use of these tools. This paper sets forth seven steps for practitioners and investors to follow in investing in local community information initiatives and, in turn, close the urban information gap and accelerate investment in these markets.
Topic:
Development, Economics, and Poverty
Political Geography:
United States and America

200. Financial Access for Immigrants: Lessons from Diverse Perspectives

Author:
Audrey Singer, Jeremy Smith, Robin Newberger, and Anna Paulson
Publication Date:
05-2006
Content Type:
Working Paper
Institution:
The Brookings Institution
Abstract:
The United States has long benefited from the aspirations, talents, and hard work of the many immigrants who have settled here. Each generation has debated the costs of immigration and its benefits and grappled with how best to incorporate immigrants into U.S. society. The unparalleled size and growth of the contemporary immigrant population means that these conversations and debates continue today in communities throughout the country. The well-being of the nation increasingly depends on whether immigrants' economic progress keeps up with their demographic growth.
Topic:
Economics, Markets, and Migration
Political Geography:
United States