By: Alan Greenblatt
In: Governing

A few parts of the country have made out like bandits in recent years. In the decade between the Great Recession and the pandemic plunge, 90 percent of the job growth in technology and innovation sectors occurred in just five major metropolitan areas. In any given year, roughly 80 percent of the nation’s venture capital funding flows to just three states: California, Massachusetts and New York. The pandemic didn’t change that.

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