Investment Follows Talent to Mid-Size Markets
May 3, 2020
Since the industrial revolution, the labor market feedback loop has given rise to cities. It works simply: opportunities attract workers, and those workers attract companies in need of talent.
Over the last few decades this feedback loop has kicked into overdrive as businesses and talent feed off each other in “superstar cities.” But instead of being fueled by manufacturing, as was the case during the industrial revolution, this trend is now driven by innovation, tech, and the service-based economy.