What’s new here [in the recently released Census data] is that it shows there’s a pulse in the urban core, in big metro areas that have diverse economies. It’s interesting that Chicago and New York were the top ones, which suggests these are places that will attract young and well-off people who want to feel like they live in an important area. You can’t generalize entirely, of course, because while some urban cores are doing very well, others are still part of a broader suburban trend.
September 27, 2012, William H. Frey,
Christian Science Monitor