The past decade has divided U.S. geography into haves and have nots. The haves: educated, wealthy communities in large metro areas like New York and San Francisco. The have nots: places with structural problems like cities in the Rust Belt; communities that suffered the worst in the housing bust like Riverside, California; plus perhaps smaller and mid-size cities that lack the infrastructure, amenities and diverse economies of larger metro areas.
There's good news for those left-behind places. The strength and breadth of the current economic expansion is finally about to give them a chance to adapt and reorient themselves as we look toward the next decade.