About Bill Flanagan

Bill Flanagan Bill Flanagan is executive vice-president for corporate relations for the Allegheny Conference on Community Development and its affiliates. He hosts the weekly program “Our Region’s Business,” produced in partnership with WPXI-TV. It can be seen on Channel 11 in Pittsburgh at 11 a.m. Sundays, and also airs on other regional Cox affiliates and Pittsburgh Cable News Channel (PCNC).
Bill Flanagan

There’s evidence that employers are beginning to hire again, but there are precious few places in the country that have more jobs now than they did before the recession, and metro Pittsburgh turns out to be one of them. The Wall Street Journal reports that researchers at the Brookings Institution have analyzed local economic conditions among the top 100 metros and discovered that Pittsburgh is one of just 14 that have more jobs now than before the recession. Six of the metros that outpace us on that front are in Texas, with a seventh in nearby Oklahoma City. The other six are Omaha, Salt Lake City, San Jose, Knoxville, Washington, D.C. and Charleston, South Carolina

Skyline

What do these places have in common? Brookings says they all have a stable employment base, anchored by either universities, government agencies or high-tech hubs. Not bad company to be in.

But there are also warning signs on the horizon.

Pittsburgh has fallen from 13th place to 23rd in the March edition of The Business Journals’ On Numbers Economic Index, a measure of regional economic vitality compiled by the parent company of the Pittsburgh Business Times. Austin ranked number one, followed by Provo, Utah; Houston; Oklahoma City and Dallas/Fort Worth.

So, what gives? According to the Pittsburgh Regional Alliance, regions that got hit harder by the recession are now growing faster than ours, fueled by younger, growing populations.

Our region is still growing, but at what’s become its usual, steady pace. We tend not to boom, so we tend not to bust.

But in relative terms, we seem to be slowing down. It makes it a bit more challenging to spread the word about opportunity here.

So, we can’t afford to be complacent about the progress we’ve made — and we’re going to have work harder than ever to build on our momentum.

Today at the Allegheny Conference’s quarterly meeting of our 300+ Regional Investors – the companies and institutions that make up our membership – we’ll be outlining some of our plans to that end. Check back here at ImaginePittsburghNow.com to learn more, and follow us on our social media channels Facebook and Twitter to let us know what you think.

Bill Flanagan

A big part of the Pittsburgh comeback over the past 30 years has been investing in human capital through our region’s 36 colleges and universities to provide innovation and skilled workers to improve our existing industries and to support entrepreneurs to build new ones. The infrastructure that’s been put into place is getting national recognition.

Kiplinger ranks Pittsburgh among “10 Great Cities for Starting a Business,” based on criteria that include high concentrations of small businesses, low cost of living (specifically for self-employed people), an educated workforce, availability of startup investment dollars and low business costs. (They tossed in a couple of high-cost areas like San Francisco because they have large pools of skilled workers that might make up for the expense.)

About Pittsburgh, Kiplinger reports, “The city built on steel and coal might prove to be a diamond in the rough for entrepreneurs. Pittsburgh is looking to become the “new center of innovation in American energy” and putting up the cash to get there. On top of nearly $143 million the area raised in startup capital during the first nine months of 2012, the area’s research and development funding through Carnegie Mellon, the University of Pittsburgh and other institutions amounts to $3 billion annually.

“State-sponsored economic development group Innovation Works provides funding, business guidance and other resources to promising projects. With the Allegheny Conference of Community Development, it formed the Energy Alliance of Greater Pittsburgh to connect local energy entrepreneurs, researchers and investors. It also created tech startup accelerator AlphaLab, which runs a 20-week program twice a year that provides select companies with funding, office space, mentorships and other assistance to get up and running.”

It’s taken 30 years to put all that infrastructure in place:  to nurture individuals, drive innovation and create our diverse, knowledge-intensive economy. And it’s great to be named in the same company as Dallas, Kansas City, Atlanta, Denver, Seattle, Indianapolis, Orlando, Nashville and San Francisco. What’s easy to overlook is that it’s the result of decades of hard work and investment in the most important resource our region has – our people.

Bill Flanagan

Not only is our region among the most livable, it continues to rank among the “most list-able” as well. And we’re off to a good start in 2013 in racking up Top Five rankings.

NBC’s Today Show started things off by noting Pittsburgh as one of three must-see destinations in the world to visit this year. And now, Forbes reports that Pittsburgh is among the happiest cities in which to work.

This list of the happiest and unhappiest cities to work in, compiled by CareerBliss, is based on an analysis of more than 36,000 independent employee reviews between November 2011 and November 2012. Workers from all over the country were asked to evaluate 10 factors that affect workplace happiness. Those include one’s relationship with the boss and co-workers, work environment, job resources, compensation, growth opportunities, company culture, company reputation, daily tasks and control over the work one does on a daily basis.

Workers in Dayton, Ohio ranked happiest, with Knoxville, Honolulu and Memphis coming in second, third and fourth, respectively. Pittsburgh ranks as fifth happiest.

The unhappiest place in America? Boulder, Colorado. Followed by Reno, Wichita, Fresno and Little Rock.

Cleveland ranks sixth unhappiest, not that we’re counting.

So, given our relative happiness, maybe it’s no surprise that our region’s workforce, at 1,265,110, is the largest it’s been in history – even compared to our industrial heyday, according to PittsburghTODAY.com.

Yes, our jobless rate is higher than we’d like it to be, but that’s in part because fewer people are leaving and more are coming; more people are joining the labor force. There’s a perception that there’s greater opportunity here than in other places, and the perception is a reality.

No wonder folks around here are happier.

Also, be sure to check out the special section on Pittsburgh in fDi magazine, a unit of the Financial Times. The Pittsburgh Regional Alliance sponsored the overview of our region’s economy. The issue will be distributed at the World Economic Forum in Davos-Klosters, Switzerland on Jan. 23-27, in keeping with this year’s forum theme of resilient dynamism.

Bill Flanagan
Emily Padgett as Alex Owens in “Flashdance – The Musical”
Photo Copyright Broadway.com

Flashdance – The Musical more than echoes the movie set in Pittsburgh in 1983, it brings it back to life on the stage. I caught the premiere.

I’ll leave theater criticism to the pros like Christopher Rawson at the Post-Gazette, although I think his assessment is right on target. It’s a feel-good musical with great dancing, especially by Emily Padgett, who plays Alex. (You can watch our video featuring the show’s three leads — two of them from the Pittsburgh region — here or below.)

It’s been years since I watched the movie, but I remember Flashdance well. I had just moved to Pittsburgh in 1982 and they were shooting the movie around town. It was exciting to be here in the midst of Renaissance Two, with new skyscrapers going up and a genuine subway under construction.

Little did anyone know that a year later, Pittsburgh would hit rock bottom. When Flashdance premiered in theaters in 1983, the metro unemployment rate topped 18 percent and tens of thousands of people were moving away, many of them young.

Just as the young steelworker in the movie (and the show) was trying to reinvent herself as a dancer, Pittsburgh was challenged with reinventing itself, forced to compete as a post-industrial city. (Not to say we don’t still make stuff here. We do – but most manufacturers will tell you they’ve transformed themselves to compete in a technology-intensive world, another exercise in creativity and hard work.)  Thirty years later, Pittsburgh’s been re-imagined and re-made, with a diverse economy driven by manufacturing, finance, energy, health care and IT, and a high quality of life provided by decades of investment in the arts. That includes the Benedum Center and Heinz Hall — where Flashdance – The Musical made its world premiere – and in outdoor recreation, especially our growing network of riverfront trails.

Art and industry have been integral to Pittsburgh’s comeback, but they’ve provided the region’s character for more than a century – ever since Andrew Carnegie built his music hall in Oakland, if not before. The parts of the play that I enjoyed most were those that juxtaposed the creative and hard work of both industry and the arts – the pride in creating, working and excelling that’s also part of Pittsburgh’s character. If I had a word of advice for director Sergio Trujillo as he takes his show on the road to Broadway – admittedly knowing nothing about what it takes to create a theatrical hit – it would be to make a little more of these themes. I’d love to see a scene where the dancers and the steelworkers somehow share the joys – and challenges – of their professions.

Some folks may criticize the indeterminate time period of the play. The movie was set in the ‘80s, the show includes many more modern elements. But I kind of liked the fact that a number of the backdrops featured golden bridges and blue water, the revitalized riverfronts of today in addition to the classic industrial steel mill settings. Pittsburgh’s authenticity and beauty came through.

So, here we are, 30 years after Alex and Pittsburgh began their transformations. Our region’s back in the global game – and Flashdance is back home on stage. Quite a feeling.

Bill Flanagan

I thought you’d enjoy seeing the holiday e-card below from the Pittsburgh Regional Alliance. It sums up a few of the highlights of our region’s 30-year economic, environmental and quality-of-life transformation. (Look out for versions of our gingerbread skyline and message around the region over the next week or so in billboards, kiosks and in newspapers.) The New Year gives us a chance to put an exclamation point on it.

2013  is the 30th anniversary of the year Pittsburgh hit rock bottom. In 1983, the metro unemployment rate reached 18.3 percent. A huge population exodus was underway — 50,000 in 1984 alone — that changed our region forever.

1983 was also the year in which Flashdance premiered, a movie about a young welder in a steel mill who wanted to make a career in the arts. The next year, civic leaders formed the Pittsburgh Cultural Trust, which began to re-make a former red light district into one of the nation’s top performing arts districts.

2013 will kick off with the U.S. premiere of Flashdance – The Musical on New Year’s Day. Pittsburgh is its first stop on the road to Broadway in late summer. The Trust says it’s a very hot ticket. You can get a glimpse of what’s in store by watching our video here.

Later in the year, no less than five national arts conferences will convene in Pittsburgh, bringing the nation’s arts leadership to see what’s been accomplished here. Along the way, the multi-year reconstruction of Point State Park will wrap up and the iconic fountain will spring back to the sky. And, the Allegheny Trail Alliance will close the last gap in the GAP, the Great Allegheny Passage, completing a more than 30-year effort to build a biking and hiking trail that links Pittsburgh and Washington, DC.

With a high quality of life, a more diverse economy (ranked best U.S. city for relocation by Sperling’s BestPlaces), as the fifth-best performing economy in the U.S. (The Economist),  and one of Triposo’s top destinations in 2013, it’s no wonder that our population is growing again and that young people are moving in instead of out.

It’s all the result of a lot of hard work by a lot of people over the course of a generation. Our region’s been Re-Imagined and Re-Made. That’s something to toast this Dec. 31 when the clock strikes midnight.

Thanks for everything you’ve done to help make it happen and, as always, for helping to spread the good word about our region.

P.S. Thanks to our friends at Pop City, who have tipped their hat to the holiday outings we’re highlighting on our blog, ImaginePittsburghNow.com. Hope you’ll check us out too, and especially share our links with any guests in town for the holidays. We also explore the sustainable core of many of our region’s beloved traditions – such as the Highmark (Horne’s) tree. You also follow along by friending us on Facebook or following us on Twitter now and throughout the new year.

 

HOMEMADE PROSPERITY: How Sweet It Is!

Thirty years ago, Pittsburgh created a recipe for regional prosperity. We baked innovation, technology and knowledge into five industry sectors – advanced manufacturing, energy, financial and business services, health care and life sciences, and information technology – creating a diverse and balanced economy.

Today, innovation, technology and knowledge flavor pretty much everything we do. Other key ingredients in our regional prosperity recipe include:

  • 120 corporate and federal R&D centers, mix with
  • $1 billion in university R&D expenditures; add
  • 31,000 graduates from regional colleges and universities annually, composing one of the nation’s the most educated workforces. Cut in
  • $100 billion-plus global corporations with headquarters or major business units here. Combine with
  • Fifth best-performing-economy-in-the-U.S.-status (The Economist). Top witth
  • Three “America’s Most Livable Cities” titles. Bake until golden. Frost with…
  • Three professional sports franchises, 500+ arts and cultural organizations and 24 miles of scenic riverfront trails.

The staff of the Pittsburgh Regional Alliance and the Allegheny Conference wishes you and yours the sweetest of holidays and a happy, prosperous 2013.

 

Bill Flanagan

It’s fitting to close out a year in which Pittsburgh was designated a “Best of the World” place to visit by National Geographic Traveler by racking up several more accolades.

Sperling’s BestPlaces ranks Pittsburgh as the best city to relocate to in the United States, ahead of Austin, Minneapolis and Denver, among others. The organization, which has been crunching metro data since 1999, says “Pittsburgh is an affordable city that offers the amenities of a megalopolis with added stability.”

The Brookings Institution also places Pittsburgh among a rarified group, one of just three metros in the nation that have fully recovered from the Great Recession. According to Brookings’ Global Metro Monitor, the other two are Knoxville, Tenn. and Dallas.

And The Economist has weighed in with a look at employment growth in the five years since the onset of the Great Recession. The headline, “Let’s All Be Texas,” may have missed the real story. Sure, three out of the five best-performing economies in the country are in Texas: Austin, Houston and San Antonio. And Oklahoma City ranks third. But Pittsburgh ranks fifth, ahead of Dallas and even Washington, D.C. In fact, our region is the only metro in the industrial Midwest to make the top ten.

The timing of all this attention is even sweeter as we look forward to next year. 2013 is the 30thanniversary of the year that our region hit rock bottom. In 1983 the metro unemployment rate was 18.3 percent. In Beaver County it was something like 29 percent. The following year, more than 50,000 left the region.

Those trends have been dramatically reversed, and over the past generation our region has been re-imagined and re-made. Happy anniversary to everyone who’s played a part. With the kind of momentum we’ve had lately, the best is yet to come.