Connecting to Markets Series: Exploring Low-Income Neighborhoods in the Regional Context
Wednesday, June 20, 2012
Federal Reserve Bank of Cleveland (Pittsburgh Branch)
717 Grant Street
Pittsburgh, PA 15219
Neighborhoods throughout metropolitan areas function very differently from one another: some are primarily residential neighborhoods that, in effect, export labor; others contain industrial, commercial and retail districts where goods and services are produced and consumed. Lower-income neighborhoods often fail on both counts, neither exporting labor nor acting as production centers that draw employees and consumers from other parts of the metropolitan area.
Over the past decade, researchers have called attention to a variety of ways in which lower-income neighborhoods participate in the regional economy, including discovery by retailers of the untapped market potential of lower-income neighborhoods, emergence of clusters of arts and cultural activity, and the role of anchor institutions as employers and service providers.
Please join our national and regional panelists as they take on some of the hard questions around low-income neighborhood connections to the regional economy. How effective are these strategies on the ground? Taken together, can they produce a meaningful increase to the contribution of urban core neighborhoods to regional economic activity? How have community developers taken advantage of neighborhood assets to advance their communities’ economic presence?
The national panel discussion will be streamed live to all satellite locations and will be followed by a regional discussion at each satellite location.
For more information, please contact:
Sponsored by the Federal Reserve Bank of Cleveland and the Pittsburgh Partnership for Neighborhood Development