Back to the Suburbs

The Wall Street Journal reports that American are slowly moving back to the suburbs. According to the U.S. Census Bureau, in 2012-2013, 14 of the 20 largest cities in the United States saw their growth rate slow considerably or their population actually decrease compared with 2011-2012 with Philadelphia and Detroit leading the way. Even some of the faster growing urban areas are slowing down: Austin’s rate of growth decreased from 3.1 percent to 2.4 percent while New York decreased from 0.9 percent to 0.7 percent.

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