Recession – what recession? Even before the sun rose in Silicon Valley Thursday morning, the US Department of Commerce announced second quarter 2022 GDP had contracted at an annualized rate of .09%, the second consecutive quarter of negative growth – a traditional signal of the start of an economic downturn – a (dreaded) recession, if
One hour to travel 5 miles? Yes, that’s what it takes during the typical rush hour gridlock on the surface streets or the freeways of Silicon Valley. That forecast is dead wrong. If urban planners cannot overcome the gridlock on our streets and highways, the Innovation Economy will relocate rather than accommodate.