Beruflich Dokumente
Kultur Dokumente
Agenda
Economic context Market Street Services Capital Crossroads process
Economic Context
-800,000
-700,000
-600,000
-500,000
-334,000 -458,000 -554,000 -728,000 -673,000 -779,000 -726,000 -753,000 -582,000 -347,000 -504,000 -344,000 -211,000 -225,000 -224,000 64,000 -109,000 14,000
-400,000
-231,000
-193,000
-210,000
-300,000
-149,000
-200,000
-33,000
-100,000
Dec-07 Jan-08 Feb-08 Mar-08 Apr-08 May-08 Jun-08 Jul-08 Aug-08 Sep-08 Oct-08 Nov-08 Dec-08 Jan-09 Feb-09 Mar-09 Apr-09 May-09 Jun-09 Jul-09 Aug-09 Sep-09 Oct-09 Nov-09 Dec-09 Jan-10
By January 2010, 14.8 million were unemployed and 9.3 million were working part time, wanting full-time work.
8.35 million
The 2000s
This was the first business cycle where a working-age household ended up worse at the end of it than the beginning, and this in spite of substantial growth in productivity, which should have been able to improve everyone's well-being.
Lawrence Mishel Economic Policy Institute Washington Post January 2, 2010
end of the recession. That number has since climbed to 4 in 10, the highest since the measure's creation in 1948.
3. The civilian labor force shrunk by 1.5 million people - a record since World War II. 4. Total loans at FDIC banks dropped 7.4 percent in 2009 - the largest drop in 67
years.
5. The Standard & Poors Index (including dividends) from 2000 through 2009 was -
7. 70 banks failed during the recession, an additional 234 banks have failed since then.
8. Companies with fewer than 50 employees accounted for 41 percent of the total job loss
in the great recession. That number is five times its share compared to the 2001 recession.
9. Household debt has declined 3.8 percent from its peak in July 2008 through October
-23.5%
Q1'07 - Q4'09
Families in Need
Percentage of Households Receiving Food Stamps
Source: Food and Drug Administration; Moody's Economy.com 18% 16% 14% 12% 10%
8% 6%
1 out of every 6 households (June 2010)
4% 2% 0%
Key Dates: 1990 - Mickey Leland Domestic Hunger Relief Act greatly expands benefits. 1997 - Welfare reform; introduction of TANF leads to restrictions on access and benefits . 2002 - Food Security and Rural Investment Act reapproves restores eligibility limited in 1997. 2005 - Spike in food stamp receipients due to Hurricanes Katrina and Rita.
100
80
52.5
60
40
20
0
Jan Mar May Jul Sept Nov Jan Mar May Jul Sept Nov Jan Mar May July Sept Nov Jan Mar May July Sept Nov 2007 2008 2009 2010
The consumer confidence index from a survey of 5,000 U.S. households. Seasonally adjusted: 1985=100 Source: The Conference Board
9.8% 6.6%
Austin, TX Nashville and Memphis, TN Birmingham, AL St. Louis, Springfield, and Jefferson City, MO Tulsa, OK Little Rock, AR Sioux Falls, SD Coachella Valley, CA Greenville, SC Metro Atlanta: Carroll, Clayton, Cobb, Henry, Forsyth, & Gwinnett Counties
Visioning Process
Scope of Work
Stakeholder Input & Place People, Prosperity
Economic and Demographic Snapshot
50 one-on-one interviews Greater Des Moines (MSA) 30 focus Iowa Central groups
Constituency-specific Des Moines MSA
Stakeholder Input
Assistance from ISU Extension Ames MSA Newton MiSA Online survey Pella MiSA General survey: CapitalCrossroadsVision.com Marshalltown MiSA
Steering Committee
Comparison metros Project Advisors Dr.Denver, L. WhiteMadison Jesse Omaha, Amy Holloway State and Nation Next Generation Consulting
community product?
future Greater Des Moines and Central Iowa investments for the coming five-year period
performance measures
Implementation Plan
Critical to the success of the Capital Crossroads strategy Key components:
Identification of lead and support implementation entities Program assessments and recommended enhancements Funding allocation analysis and recommendations Action timelines for implementation developed for each program year Discussion of new and/or enhanced partnerships necessary for effective implementation
Key questions
How can the Capital Crossroads regions growth be most sustainable? What will that growth look like, and where/how will it be focused? How big is too big? Is there such a thing as too big? How can the Capital Crossroads area grow, but retain the qualities that
people cherish about the region? What employment sectors will drive the regional economy and how can they best be supported? Does the regional training pipeline effectively prepare students and adults for locally available, high-value jobs? What could be the transformative projects/efforts that really move the region forward in the coming years? How can quality of life continue to play a key role in the regions growth? Can it be enhanced even more?
PEOPLE:
Talent development & socioeconomics
threatened by de-funding
Stakeholders are pleased with services but would like increased access Iowa ranks 14th nationally, but significantly trails top states Governor Branstad set to propose a shift to needs-based funding
Public K-12 Schools: Urban/suburban regional disparities Des Moines PS enrollments have declined (-0.92%) while those in the MSA have increased notably (10.1%) over the 5-year period
Performance challenged by changing demographics
Stakeholders would like to see more charter schools and career academies but are discouraged by state policy and regional parochialism
All of the regions colleges and universities are well regarded by residents, with Drake University achieving the highest ratings among survey respondents Question of how students can be better connected to job opportunities
Age Pipeline
Population Young Approaching Professionals Retirement Population 89 102 59 81 96 106 82 77 81 114
Migration Trends
LFPR Long-Term Net Short-Term Net (Ages 25-34) Migration Migration 16 99 139 20 55 93 284 105 117 173 72 291 142 160 165
College Students
People: Socio-economics
College students per 100 residents* Rank
30.9% 2 8.6 2
35.3% 3 5.4 4
25.2% 1 13.1 1
36.8% 4 7.3 3
n/a n/a
n/a n/a
37.2% 1
Des Moines, IA 37
35.9% 2
Denver, CO 39
7.1% 4
Madison, WI 38
33.8% 3
Omaha, NE 62
n/a
n/a
United States -
Iowa -
n/a
n/a
15.0% 30.9% 2
8.6 $42,506 2 4 37.2% 10.87% 1 6 37 33.8% 1 3 15.0% 2
17.1% 35.3% 3 4
11.0% 25.2% 1
15.0% 36.8% 4 2
15.7% n/a 3
20.0% n/a 5
5.4 13.1 7.3 $48,010 $44,172 $43,012 $37,509 $40,166 4 1 3 n/a n/a 1 2 3 6 5 35.9% 11.01% 2 5 39 37.6% 3 2 17.1% 4 7.1% 12.05% 4 4 38 41.0% 2 1 11.0% 1 33.8% 12.17% 3 3 62 31.8% 4 4 15.0% 2 16.02% n/a 1 25.1% n/a 6 15.7% 3 13.39% n/a 2 27.9% n/a 5 20.0% 5
Rank Rank
Poverty
2009 total poverty rate Rank
$42,506
PROSPERITY:
Economic performance and structure, business climate, and entrepreneurship and innovation
Employment
5-year change, Q1 2005-Q1 2010 Rank
4.16% 1
0.23% 3
-1.05% 5
0.96% 2
-0.39% 4
-2.58% 6
Wages
Average annual wage, 2009 Rank
$44,073 3
$51,733 1
$42,861 4
$40,555 5
$37,158 6
$45,559 2
Wage Growth
%, 2005-2009 Rank
10.85% 6
12.61% 1
12.17% 3
11.63% 5
12.36% 2
12.00% 4
Worker Productivity
Output per Worker, 2008 Rank
Business Bankruptcies
Rate per 1,000 Establishments, Q1 2010 Rank
5.4 3
10.6 6
5.8 4
5.3 2
3.8 1
6.8 5
$46,781 4
$5,185 1
$20,570 2
$21,343 3
n/a
n/a
Business Sector
Total Private
Total 332,335 44,991 49,127 20,992 15,985 6,472 5,528 5,738 2,044 19,973 4,649 10,549 28,322 9,907 45,712 14,237 34,244
LQ 1.00 0.88 2.79 0.95 0.67 0.81 0.93 1.06 0.65 1.16 0.77 0.85 0.83 1.14 1.01 0.86 0.94
Change (#) 2,922 6,586 4,262 3,401 1,573 1,105 700 638 508 (105) (321) (742) (756) (1,110) (2,145) (5,043) (5,844)
1% 17% 9% 19% 11% 21% 14% 13% 33% -1% -6% -7% -3% -10% -4% -26% -15%
5-Year Job Growth Health care and social assistance Finance and insurance Administrative and waste services Professional and technical services Educational services Management of companies and enterprises Arts, entertainment, and recreation Agriculture, forestry, fishing and hunting 5-Year Job Loss Wholesale trade Real estate and rental and leasing Transportation and warehousing Accommodation and food services Information Retail trade Construction Manufacturing
Change (%)
Prosperity:
Business Climate & Small Business Development
Taxes: Perception of Iowas tax environment as anticompetitive
Ranked 5th worst in U.S. by Tax Foundations 2011 State Bus. Tax Climate Index. $1 million commercial building will be assessed $46,781 in property taxes in Des Moines vs. $21,343 in Omaha, $20,570 in Madison, and $5,185 in Denver. Net tax expenditures minus credits and federal withholding are less restrictive
Competitive retail and office lease rates, but a glut of inventory
be optimized
High per capita small business loan amounts but no prominent go-to resource for people looking to start or grow a small business. Need for an enterprise development support system Despite improvement, ISUs IP and Conflict of Interest policies limit research and commercialization efforts
PLACE:
Quality of life, infrastructure, arts and culture, and community capacity
Place: Summary
Des Moines, IA Denver, CO Madison, WI Omaha, NE Iowa United States
Metro crime rates Lower number of are very low capita doctors per Cost of living key selling point However,average of Lowest the City Des Moines cost per doctor visit Favorable housing combined property compared to appreciation trends and violent crime Omaha, Madison, rates ranked higher and Denver Rental market is than all the comparatively comparison cities Health and affordable, but wellness poised to many residents still Strong philanthropic become a major pay >30% of their and civic capacities initiative in the income on rent region
Cost of Living
C2ER Index (US = 100), 3Q2010 Rank
90.0 2
103.9 4
109.8 5
89.5 1
n/a
100.0 3
Home Prices
Median sale price of single family homes, 2Q2010
Rank
$173,178 3
Rank
$619 3
$778 6
$731 5
$611 2
$496 1
$702 4
227.5 4
238.9 3
334.7 1
242.3 2
175.3 6
220.5 5
Well-Being Index
Overall Well-Being Ranking of 185 metros Rank
30 1
52 3
33 2
73 4
n/a
n/a
Crime Rates
Combined Property and Violent Crime Ranking of 332 metros Rank
200 2
168 3
277 1
119 4
n/a
n/a
Philanthropy
Nonprofit Organization revenue per capita, 2010
Rank
$11,685 1
$4,627 6
$11,109 2
$8,307 3
$5,408 5
$5,587 4
Place:
Infrastructure
Highways and roads N/S and E/W interstates and loop highway competitive for logistics and an attractor for manufacturing projects I-35 corridor could be key link b/w Ames-Story Co. and Greater Des Moines
What do you think about the relationship between Des Moines and Ames? 81.3 % friendly but do not cooperate very often, 5.4% - relationship is strained
Air and rail Air cargo capacity allows for growth, but passenger issues related to limited direct flights and high airfares a source of strong stakeholder concern Strong number of Class I rail lines hope dimming for passenger rail Public transit Many input respondents want to see more capacity but lack of population density is a challenge
Place:
Livability and Civic Capacity
Arts, Culture and Recreation Strong capacity in Greater Des Moines, not just for a community of its size, but for a much larger region
Bravo regional arts agency has been effective in coordinating resources and working to increase capacity
Billions invested in Downtown Des Moines helping with talent attraction/retention Miles of bike/walking trails developed next stage is to close gaps and connect
Philanthropy and Leadership Legacy of strong public and private leadership led to development of numerous community assets and projects Reportedly, a growing philanthropic gap as older generation steps away and next generation of transformative leadership yet to be identified
Ans we r Op tio ns Likelihood you will continue to live in the community Likelihood you will raise children in the community Likelihood your children (once grown) will choose to live in the community Likelihood you will retire in the community
Community Climate
Ans we r Op tio ns New members of the community are welcomed The community values persons of diverse races, ethnicities, faiths, and sexual Young professionals are actively engaged in leadership There are opportunities to volunteer your time for worthy causes The public's opinions are valued by government Healthy, active lifestyles are encouraged and supported Stro ng ly Ag re e 17.9% 10.7% 13.5% 43.5% 5.8% 15.1% Ag re e N e ithe r Ag re e no r D is a g re e 19.4% 24.5% 22.7% 5.8% 31.8% 18.8% D is a g re e Stro ng ly D is a g re e 1.4% 3.6% 1.2% 0.4% 9.5% 2.0% 54.9% 46.6% 51.7% 48.8% 32.0% 54.8% 6.4% 14.6% 10.9% 1.5% 20.8% 9.3%
Top Opportunity
scenic rural attractions that offers all people access to world class education, career employment opportunities in 21st Century industries while enjoying a very interesting and stimulating quality of life outside of the workplace.
I want to be able to brag about my city and how great it is to other young
people. I want to be able to say that, living in Des Moines, so many of the cultural opportunities I am interested in come right to my doorstep. I also want to be able to say that, no matter what your career goal, Des Moines has something to offer.
continually impressed with the forward thinking and planning that goes on and the resulting progress made. It is and should continue to be an ongoing cycle among Greater DSM and now Central Iowa that continually expands the discussion of what is possible along with what is attainable and doable next.
Some leaders do not realize they ARE leaders. There should be
mindfulness toward cultivating those who would normally not speak up, but may have the greatest impact if incorporated into this process.
Conclusion: Challenges
External perception of Greater Des Moines and Central Iowa Divergent economic/demographic/education trends in City of DM vs.
region
Potential over-concentration of finance and insurance employment
Conclusion: Challenges
Perceived tax inequities Above average airfares and a lack of direct flights at DSM Lack of critical mass of entertainment amenities and districts YPs often dont serve as ambassadors for Central Iowa Widening philanthropic gap as current leaders step aside Persistent parochialism that hamstrings regional efforts
Next Steps
Community Leadership Meeting #2
Presentation of the final Capital Crossroads Plan Tuesday, April 26, 2011 5:00-6:00 pm
Documents will be posted on the project website:
http://www.capitalcrossroadsvision.com
Questions, comments?