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The Economic Implications of the US Urban Exodus

by Zero Hedge
July 4, 2022
in Economy
The Economic Implications Of The US Urban Exodus

The Urban exodus documents here extensively over the past two years has had profound consequences on the US economy.

Starting with the pandemic, and subsequently accelerating due to the historic riots, unprecedented lawlessness and historic crime rates unleashed by democratic administrations in major US metroareas, urban exodus has had a “Donut Effect,” causing greater domestic migration out of urban counties and into the surrounding suburbs. At the same time, increased adoption of hybrid work and remote work have shifted the geographic location of demand for food and other services. The resulting temporary geographical mismatch in labor demand and supply could […]

Read the rest of this story here: www.zerohedge.com

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