I wonder how accurate this is as well. Here is how the methodology explanation starts:
No population-projection formula is perfect -- or even close. Predicting demographic trends with total accuracy is an impossible feat, especially when gazing a quarter-century or even farther into the future. So why even try? A projection can generate a plausible and valuable scenario. It can provide a starting point for discussion of a community's direction. It can even serve as an early warning system
I guess my frustration stems from the fact that we as a region, are taking SOME steps in the right direction. SOME regional leaders understand the factors. Some examples:
-Getting more immigrants to move here
-Moving from a manufacturing based economy, to a tech & finance based economy. With Cortex and the momentum in the City, along with the already very solid finance industry here, we should already be moving in the right direction
-Realizing that the fragmented government is an issue. It is now a huge topic of discussion and some of the recent issues with policing and the community, have sped up the discussions and even some consolidation. Does anyone think we will have achieved City-County consolidation or be much closer on or before 2040?
* I could list many more items, but we have all rehashed this stuff before.
Is the loss of our manufacturing base the reason we can't get ahead? I feel like every time we hear about a plant closing, we hear a company is adding tech jobs or white collar jobs. I think there may be a bit of a case of the two cancelling each other out. We are kind of spinning our wheels. While gaining high-paying white-collar jobs, but losing a lot of manufacturing jobs, especially the non-skilled jobs that may eventually be a thing of the past in the US, for the most part. Jobs equal population growth, as evidenced by cities like OKC.
It just baffles me that a KC, Indy, Columbus, etc. etc. can leave STL in the dust by such a large %. I know these are projections, but even if they are off, no projection I've seen shows a healthy growth rate for the region. Of course I want the City to continue to grow, but I also want the metro area to grow. If these projections are close to accurate, STL will likely be surpassed by many 'growing' cities, pushing us further and further down the list, maybe in the 30's for largest metro. You have to expect that Charlotte, Orlando, Austin, San Antonio, Portland, then eventually Nashville & Vegas will pass us.