As the economy changes, understanding major drivers of change—such as shifts in migration, a growing outdoor recreation economy, and the significance of nonlabor income—is critical to making sound decisions about how to improve economic performance.
Unaffordable housing came to a head during the pandemic as communities across the country saw unprecedented rises in housing costs.
The unprecedented rise in housing prices since 2020 has affected renters more than homeowners—especially in places that were already unaffordable.
Recreation counties, especially in non-metro places, draw new residents and have higher incomes and faster earnings growth than places without recreation.
State and federal fiscal policies hurt rural communities by limiting how local governments can grow, diversify, and invest revenue.