PPI - Radically Pragmatic
  • Donate
Skip to content
  • Home
  • About
    • About Us
    • Locations
    • Careers
  • People
  • Projects
  • Our Work
  • Events
  • Donate

Our Work

Stangler for Real Clear Markets, “Renewed Optimism As the Start-Up Geography Divide Narrows”

  • July 12, 2017
  • Dane Stangler

Over the past several years, even as the national fervor over startups has continued unabated, there has been a string of negative findings about the state of American entrepreneurship. The Economic Innovation Group, among others, chronicled a long-term decline in business creation as well as ever-increasing concentration in where businesses are being created. Only five metro areas, they found, accounted for half of the nation’s increase in new businesses between 2010 and 2014. Other researchers have found similar declines across several indicators of economic dynamism—fewer and fewer Americans, for example, work for new and young firms.

Happily, a recent report by Michael Mandel at the Progressive Policy Institute (PPI) highlighted a potential reversal of these trends. (Full disclosure: I have a PPI affiliation.)

Using government data, Mandel charts a “revival of economic dynamism” since 2015 that is fairly widespread: by last year, the “growth gap” between tech hubs in Silicon Valley, New York, Boston, Austin had disappeared.

Read more at Real Clear Markets.

Related Work

Budget Breakdown  |  June 26, 2025

GOP’s “Big Beautiful Bill” Would Undermine Economic Stability

  • Ben Ritz Alex Kilander Nate Morris
Blog  |  June 26, 2025

“Trump Accounts” Are a Promising Start, But Flaws Remain

  • Alex Kilander
Op-Ed  |  June 18, 2025

Weinstein Jr. for Forbes: It’s The Early 1990s Bond Market Again

  • Paul Weinstein Jr.
Budget Breakdown  |  June 18, 2025

Senate Changes to House Reconciliation Bill Are a Mixed Bag

  • Ben Ritz Nate Morris
Press Release  |  June 10, 2025

New PPI Report Finds Tech and E-Commerce Sectors Are a Powerful Engine for Local Resilience

  • Michael Mandel
Publication  |  June 10, 2025

The 2025 PPI Tech/Info/Ecommerce Job Index: Fighting Recession on the Local Level

  • Michael Mandel
  • Never miss an update:

  • Subscribe to our newsletter
PPI Logo
  • Twitter
  • LinkedIn
  • Facebook
  • Donate
  • Careers
  • © 2025 Progressive Policy Institute. All Rights Reserved.
  • |
  • Privacy Policy
  • |
  • Privacy Settings