Detroit has lost 25% of its population in a decade and lost 5 congressional seats as a result…
I’m always intrigued by the decline of Detroit. Windsor, on the Canadian side, has the highest unemployment in Ontario and is closely correlated to Detroits fate it appears.
It’s a perfect storm of several factors that makes Detroit suck. It’s interesting to note that the suburbs around Detroit stay the same and sometimes grow while the city falls into oblivion.
This stat is coming soon to a Chrysler 200 commercial near you.
… Lutz has a forthcoming book and speaking series about how Harvard and Wharton business schools ruined Detroit and killed creative management. But in the “new” Detroit, outside influences are not only welcome, they are required…
… Metro Detroit’s rate is 11.1 percent and the city’s jobless rate is 19 percent. Those numbers are probably soft because of the numbers of people who have dropped out of the job market or left the state.
http://www.autonews.com/apps/pbcs.dll/article?AID=/20110327/RETAIL03/110329895/1250#ixzz1Htvq3VaA
Good auto related article from yesterday.