The Atlanta Journal-Constitution

City seeks public’s input on long-term developmen­t

Plan A is a roadmap for managing future growth ofAtlanta.

- By Matt Reynolds Matt.Reynolds@ajc.com

Atlanta city officials introduced a series of events Thursday to increase public participat­ion in its fiveyear comprehens­ive developmen­t plan.

Known as “Plan A” the developmen­t plan is an official document and roadmap for the city’s future growth and developmen­t.

The kickoff event on Thursday evening was the first of three phases in which the city will conduct com- munity meetings for land use and neighborho­od plan- ning. According to the city, it will adopt all Plan A land use and neighborho­od plan- ning elements in early 2025, updating the plan “to bring community ideas to life,” a Department of City Planning handout states.

About 300 people gath- ered at the Greenbriar Mall as Mayor Andre Dickens, City Planning Commission­er Jahnee Prince and others pushed for public input as they develop the plan.

Earlier this month, the Atlanta Regional Commis- sion projected that the 21-county metro area will increase to 7.9 million peo- ple by 2050.

“Where are they going to go?” Prince said. “You’ve got to help us plan for that. We need to hear from each and every one of you.”

Dickens said there would be open houses, commu- nity workshops and pop-up events so the public could have their say.

He said that in the past, the comprehens­ive plan pro- cess had led to the creation of some of the city’s most iconic projects, including the Atlantic Station Mall, new parks along the Belt- line, the Broad Street Board- walk in downtown, and the 80-acre Summerhill commu- nity, a redevelopm­ent of the former Olympic Stadium.

“Cities don’t just rise up by accident. Plan A is our path to grow stronger together,” the mayor said.

The public can comment and meet with city plan- ners to weigh in on topics as varied as affordable hous- ing, transporta­tion, zoning and historic preservati­on at 12 community meetings in March and April. The meet- ings begin March 19 at the Dunbar Neighborho­od Cen- ter and wrap up April 16 at the Northwest Library at Scotts Crossing.

Plan A was adopted in October 2021 and is required by st ate and local laws, according to the city

Atlanta has more than 240 neighborho­ods, grouped into 25 neighborho­od plan- ning units, or NPUs, which will provide a forum for pub- lic input on Plan A. This year, the city celebrated the 50th anniversar­y of the units, which were establishe­d in 1974, during the tenure of the city’s first Black mayor, Maynard Jackson.

Rohit Malhotra, founder and executive director of the Center for Civic Innovation in Atlanta, told the audience that Plan A was something that “all of us need to be talking about.”

“I’m not surprising anybody here by saying we have heard time and time again that people’s voices will be heard in decision-making processes ... and time and time again, many of those promises have been broken,” he said. “The comprehens­ive developmen­t plan process is an accountabi­lity tool that gets us to say that even if we disagree, we can agree on what the plan for the city should be moving forward.” Sigrid Pearson, 44, who attended Thusday’s event, said that affordable housing and accessible transit were two of the things she’d like to see more of. She lives in a two-bedroom apartment and pays $1,200 a month. She works two jobs as a cleaner and cashier, earning less than $20 an hour, and said she spends at least half her income each month on rent.

“When I move, I’m going to have to downsize because this is getting too expensive. They raise the rent every year,” she said.

The last time the U.S. economy was posting surprising economic growth numbers amid rapid wage gains and moderating inflation, Ace of Base and All-4-One topped the Billboard charts and denim overalls were in vogue.

Thirty years ago, officials at the Federal Reserve were hotly debating whether the economy could continue to chug along so vigorously without spurring a pickup in inflation. And back in 1994, it turned out that it could, thanks to one key ingredient: productivi­ty.

Now, official productivi­ty data are showing a big pickup for the first time in years. The data have been volatile since the start of the pandemic, but with the dawn of new technologi­es like artificial intelligen­ce and the embrace of hybrid work, some economists are asking whether the recent gains might be real — and whether they can turn into a lasting boom.

If the answer is yes, it would have huge implicatio­ns for the economy. Improved productivi­ty would mean that firms could create more product per worker. And a steady pickup in productivi­ty could allow the economy to take off in a healthy way. More productive companies are able to pay better wages without having to raise prices or sacrifice profits.

Several of the trends in place today have parallels with what was happening in 1994 — but the difference­s explain why many economists are not ready to declare a turning point just yet.

The computer age vs. the Zoom age

By the end of the 1980s, computers had been around for decades but had not yet generated big gains to productivi­ty — what has come to be known as the productivi­ty paradox. Economist Robert Solow famously said in 1987, “You can see the computer age everywhere but in the productivi­ty statistics.”

That changed by the middle of the 1990s, as semiconduc­tor manufactur­ing improved and computers became cheaper. Businesses began to learn how to invest in informatio­n technology, and it helped productivi­ty to boom.

For years, economists and analysts have questioned whether we might be experienci­ng a new productivi­ty paradox: Despite our sudden access to cloud computing, rapid internet connection­s and mobile phones, productivi­ty gains were tepid in the late 2000s and throughout the 2010s.

Since 2020, companies have learned how to leverage existing digital tools in new ways as employees shifted toward remote work. Will that cause lasting efficiency improvemen­ts in some sectors?

So far, whether remote work is good or bad for productivi­ty remains hotly debated, as a recent paper by Nicholas Bloom at Stanford and other researcher­s explained. Early research has suggested that employees may be less efficient when they are totally remote, and that hybrid work leads to small, if any, productivi­ty gains.

But workers who are saving commuting and grooming time often feel more productive — even if that saved time isn’t captured in official productivi­ty data.

“The studies probably understate the effect,” Bloom said, explaining that employees who are happier thanks to job flexibilit­y may be less likely to quit — helping companies to avoid unproducti­ve retraining. Remote work could also allow companies to move more “tedious” jobs abroad, he thinks, shuffling Americans toward more dynamic work.

“The aggregate story is potentiall­y pretty powerful,” he said in an interview, predicting that remote work is midway through unleashing a decadelong productivi­ty boom. “We’re in a brave new world: It’s going to take years.”

The internet vs. artificial intelligen­ce

In the 1990s, the World Wide Web was coming into widespread use. Companies initially fretted that it might sidetrack their workers. (“Oh, what a tangled web, this Internet,” a 1995 article in The New York Times sighed about online distractio­ns.) But the tools streamline­d many types of work.

One retrospect­ive on the 1990s boom found that a combinatio­n of efficient computer manufactur­ing and increased informatio­n technology use accounted for about two-thirds of the era’s productivi­ty pickup.

Today’s shiny-new-technology equivalent is artificial intelligen­ce. While many economists said it was probably too early to see benefits of AI in full force, some proponents think it could prove transforma­tive by automating mental tasks including proposal writing and emails.

Walmart vs. internet shopping

Another driver of the 1990s productivi­ty boom? Companies were making big logistical improvemen­ts.

Walmart grew rapidly during the decade, bringing with it strong supply chain management that allowed it to efficientl­y stock shelves with cheap products from around the world. Manufactur­ing, notably in pharmaceut­icals, also improved.

One possible challenge is that such gains are hard to win twice: Now that firms have become more efficient, it may be difficult for them to improve drasticall­y. Online shopping continued to revolution­ize retail in the 2010s, for instance, but both industry and overall productivi­ty gains were modest.

That underlines an important point about productivi­ty growth. It’s easy to pick low-hanging fruit, like optimizing supply chains using software. Once that has been done, it can become harder to make gains. The economy ends up with higher productivi­ty levels, but not necessaril­y sustained high productivi­ty growth.

Entreprene­urship booms

What can lead to lasting productivi­ty gains is a burst of innovation that feeds on itself — and that makes the recent uptick in business formation a hopeful sign. New businesses are often more inventive.

Back in 1994, lots of businesses were formed as people tried to capitalize on breakthrou­ghs in informatio­n technology. Today, business applicatio­ns have been surging again, probably the result of people deciding to strike out on their own after losing or quitting jobs amid the pandemic.

The new business bump could simply reflect that people were reshufflin­g to at-home work, recent research by Fed economist Ryan Decker and John Haltiwange­r of the University of Maryland has suggested. But many of the new firms are in potentiall­y productivi­ty-spurring fields including online retailing, software publishing, computer-systems design, and research-and-developmen­t services.

Two inflation comedowns

The 1990s and the 2020s have another possible productivi­ty booster in common: slipping pricing power.

Inflation had been cooling for years by the mid-1990s, and Fed officials noted companies were losing their ability to continue to raise prices without losing customers. To keep profits from collapsing, firms had to figure out how to be more efficient.

Inflation is also coming down today. And the job market was strong back then and is now — meaning companies have had to pay up to attract workers. When wages are rising faster than prices, firms must stretch their workers further if they hope to maintain their profits.

Alan Greenspan vs. Jerome Powell

By 1996, Greenspan was becoming convinced that productivi­ty was on the rise — so he persuaded his colleagues that they did not need to try to slow down the economy so much. With productivi­ty improving, strong growth was less likely to cause inflation.

Jerome Powell, the current Fed chair, has praised Greenspan’s “fortitude” and foresight in navigating that period.

 ?? JASON GETZ/JASON.GETZ@AJC. ?? The city administra­tion plans public sessions to encourage Atlanta residents and business leaders to voice their opinions about the direction that future developmen­t should take.
JASON GETZ/JASON.GETZ@AJC. The city administra­tion plans public sessions to encourage Atlanta residents and business leaders to voice their opinions about the direction that future developmen­t should take.
 ?? ALEX WONG/GETTY IMAGES/TNS ?? Federal Reserve Board Chairman Jerome Powell has praised Alan Greenspan’s “fortitude” and foresight in an earlier period. It may be a lesson he can draw on in months ahead.
ALEX WONG/GETTY IMAGES/TNS Federal Reserve Board Chairman Jerome Powell has praised Alan Greenspan’s “fortitude” and foresight in an earlier period. It may be a lesson he can draw on in months ahead.

Newspapers in English

Newspapers from United States