The recession has caused Americans to move less frequently and shorter distances on average, new data for 2005 through 2009 released by the U.S. Census shows, Bloomberg News reported.
“Long-distance moves took a bigger hit during the recession,” William Frey, a demographer at the Washington-based think tank the Brookings Institution, told Bloomberg News. “Shorter-distance moves tend to be safer, close to home and likely to have occurred as a result of foreclosures.”
Detroit lost one-tenth of its population between 2000 and 2010, the data shows, and in New York City the most statistically significant trend was people moving from Manhattan to the Bronx. [Bloomberg]