Demographic And Socio Economic Changes - 1594 Words

Demographic and socio-economic changes effect cities, its economy and ultimately the country as a whole. Changes in demographics tells us if an area is losing or gaining population and may act accordingly to help it survive. Family patterns change over a period of time as more women go out for jobs rather than stay at home. As medical field advances, the life span of human increases and these changes can show that the median age of the population is growing. Setting up of new industries or business houses in a city might bring in the working population and help in improving the economic condition of the area. This report presents some of the demographic and socio-economic data collected from American Community Survey 1 Year Estimates for the years 2006, 2009 and 2012 w.r.t. 203 Metropolitan Statistical Areas (MSA) in United States of America. These MSA have been selected as the most populated MSA in USA for the year 2012. The most populous MSA in USA included a few MSA from Puerto Rico and Alaska and was removed to focus only on Mainland USA. It was also observed that most of the MSA when plotted on the map of USA are in East USA (155 MSA). Montana and Wyoming did not have any MSA among these 203 MSA. For the purpose of this report, Microsoft Excel and Tableau where used to store, clean and plot the data. Summary Tables for the parameters which were selected to compare these MSA are presented in Table 1. Total Population: Figure 1.1 represents the Total PopulationShow MoreRelatedMacro Economy Elements1258 Words   |  6 Pages1.0 MACRO ENVIRONMENT ELEMENTS There are many factors in the macro-environment that will effect the decisions of the managers of any organization. Tax changes, new laws, trade barriers, demographic change and government policy changes are all examples of macro change. 1.1 Political and Legislation Factors The political-legal dimension of the general environment also affects business activity. The philosophy of the political parties in power influences business practices. The legal environmentRead MoreA Study Area Is The Region Of The U.s. Lake1234 Words   |  5 Pageson managed public lands not only protecting natural resources, but also providing recreational opportunities have been considered as important alternatives for local economic growth. Thus, an investigation of the relative impacts of economic structures on income distribution can broaden our understanding of the role of each economic industry in the distributional aspects of gateway communities. There is no definitive way to define the gateway communities. 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With an incredible number of industries facing high demand by consumers, it is speculated that employment would feature an increase to compensate. However, many factors of the labour market contradict this and instead increase unemployment. Factors such as the level of economic growth, technological changes, trends in productivityRead MoreThe Potential Market Demand For Amari Kartini1688 Words   |  7 Pagesgroups within countries, segmentation is utilised to classify these groups within certain bands such as economics, culture, media and other factors such as quality of life (Budeva Mullen 2014). Concordantly the U.A.E is home to a diverse range of consumers, therefore the population must be sub-divided into market segments to determine which market profile to target. Given that most of the economic wealth in the U.A.E is centred within its three main cities, Abu Dhabai, Dubai and Sharjah (DepartmentRead MoreAn Analysis Of The Media s Bias871 Words   |  4 Pagesblacks. Exceptions that conflict with this sentiment do exist, of course. As David Niven stated in his 2005 paper, certain powerful individuals are capable of making targeted allegations of bias that serve only to highlight a specific individual or socio-political entity’s style of thinking - in this article instance, sports reporters were criticized by Rush Limbaugh for having more sympathy for black quarterbacks when they performed well. However, in cases like this one, the remark can be depicted