Wichita, the nation’s most export-oriented city, may be the serve as a business model for the future, experts say.
Wichita was featured in a story yesterday by the Financial Times.
Wichita’s aviation cluster has propelled Wichita as the nation’s top-growing city for exports, according to a Brookings Institute study released last week. Portland, Ore., with its computer and electronics industry, ranked second. And San Jose, in California’s Silicon Valley, came in third.
The three cities could serve as a model for fundamental transformation in the U.S. economy, away from consumers and housing and towards investment and exports, the study’s author, Bruce Katz, told the Financial Times.
“I personally think [Wichita] will be the norm in the next 10 to 15 years,” Katz told the Times.