January 18, 2018

The 2018 Regional Workforce Development Rankings
It is difficult to overstate how crucial workforce development is to a state’s economic health. CNBC’s Scott Cohn notes in America’s Top States for Business 2017 that “most states point with great pride to the quality and availability of...

December 12th, 2017

Comparison of House & Senate Tax Overhaul Bills

A side-by-look at the changes in tax law that would occur under the House-passed tax code rewrite measure (HR 1) and the Senate Finance Committee-reported version (S 1). Dollar values are displayed as: individual filers/household filers.

November 7th, 2017

Educational breakthroughs fuel economic development
What began as a study of the economic future of Columbus has blossomed into a multi-faceted, collaborative, regional approach to improving quality of life and economic development by promoting educational attainment...

We are all in economic development
My friend and mentor Jerry Frentress used to say, “We’re all in sales all the time, and our number one product is us.” I’m often reminded of that when I am thinking of economic development. You see, no one knows our community better than we do...

October 23rd, 2017

The not-so-dire future of work
he future of work is a hot topic nowadays. It has inspired a seemingly endless train of analyses, commentaries, and conferences, and it featured prominently in last week’s annual meetings of the International Monetary Fund...

October 6th, 2017

Surge in Multifamily Housing Issuance Linked to Tax Incentives (PDF)
A surge in issuance of tax-exempt multifamily housing bonds in 2016 should continue for the foreseeable future. The only major potential obstacle is...

Beyond HQ2: How should local economic development officials respond to Amazon?
Amazon’s recent announcement that it is soliciting bids from metro areas to establish a second headquarters site in North America has set off a predictable feeding frenzy within the economic development community. Hefty incentives are sure to be involved...

Which cities are well positioned to land Amazon’s HQ2?
Amazon—the world’s largest online retailer and fourth largest company as measured by market capitalization—is soliciting North American regions in a competitive selection process for a second corporate headquarters, or HQ2...

September 12th, 2017

Back to School: Associate Degrees in U.S. Metros
In this day of rampant student loans and some stagnation of the “degree premium” on bachelor’s degrees, the associate degree or certificate is attractive to many of the nation’s youth and valued by businesses. The option of attending community college or technical schools is viewed as...

September 7th, 2017

How the opioid epidemic has affected the U.S. labor force, county-by-county
In 2016, Princeton economist Alan Krueger made headlines with a shocking finding that nearly half of prime age men (or men ages 25 to 54) who are not in the labor force take pain medication on a daily basis. Two-thirds of those men...

August 14th, 2017
CDFI Fund Update for Capital Magnet Fund Applicants: AMIS Application Now Available
The Application for the fiscal year (FY) 2017 round of the Capital Magnet Fund is now available in the Community Development Financial Institutions Fund’s (CDFI Fund) Awards Management Information System (AMIS).  In order to be able to complete...
  Feds combine freight grants for $1.5 billion outlay in 2018
The Transportation Department is combining two years of authorized freight-related grants so it can provide $1.56 billion of funding in fiscal 2018 for road, rail, and port infrastructure projects.The $78.8 million of grants to 10 mostly rural projects announced Friday will be the final... 
July 25th, 2017

 Economic Developers Love To Network, But Are They Really Good At It?
We are all guilty of huddling in the same groups, talking to the same people at meetings and conferences. It is nice to catch up with old friends, but meeting new people opens new doors of opportunity...

July 21st, 2017
5 Ways States Are Accelerating Renewable Energy
Many of the initiatives to move our energy system towards clean, renewable power emanate from the state and local levels. A few cities have already reached the 100 percent clean energy mark, with many more committing to...
The Benefits of Private Financing for Public Works
President Trump has announced the outlines of an ambitious $1 trillion agenda to rebuild America’s crumbling roads and bridges, outdated water systems and dilapidated public buildings. While the general goal of investing in infrastructure...
Georgia tax breaks: Costly giveaways or economic development?
Georgia lawmakers have approved hundreds of millions of dollars in special tax breaks over the past decade, and a new Senate committee has begun trying to answer a fundamental question about them...
June 27th, 2017

Corporate Clean Energy: Not Just for Google and Apple Anymore
Internet giants led the way, but now a host of companies—from big banks to food producers—are getting in on clean energy...

U.S. Department of Commerce Makes $30 Million Available to Assist America's Coal Communities
To support locally-driven efforts in coal country to spur job growth, U.S. Secretary of Commerce Wilbur Ross today announced that the Department’s Economic Development Administration (EDA) has published a Notice of Funding Availability...

June 16th, 2017

The Future Of Growth And Economic Development Powered By Human And Artificial Intelligence
The recent technological advancement within artificial intelligence, the "Internet of Things", and robotics has generated significant impact on traditional businesses, causing decreasing profit margins across several sectors, whereas most of the big winners...


Bringing economic development to those who need it most

It’s no secret that many Americans live in communities that need new economic development—we saw this play a huge role in the last election. Americans on both sides of the aisle agree that everyone should have an opportunity for...

May 30th, 2017

Federal Infrastructure Tax Credit Legislation Makes Key Changes from 2015 Proposal
Sens. John Hoeven, R-N.D., and Ron Wyden, D-Ore., reintroduced bipartisan legislation May 25 to establish a program to spur infrastructure investment through the creation of Move America Bonds and Move America Credits. The major benefit of the Move America Act of 2017 is... 

April 6th, 2017

FDI in Manufacturing
The manufacturing sector in the United States is a
significant driver of U.S. economic growth, with a higher
gross output than any other private sector industry.
Gross output of the U.S. manufacturing sector...

April 4th, 2017
Investing in infrastructure
THE ISSUE: Improving U.S. infrastructure was a major talking point during the 2016 election, and remains a focus of the administration and the media. Despite discussion... Read More...
USDA Announces $1.9 Million for Alfalfa and Forage Research
The U.S. Department of Agriculture’s (USDA) National Institute of Food and Agriculture (NIFA) today announced the availability of $1.9 million in funding for research and development to improve... Read More...
March 15, 2017
When It Comes to Tax Incentives, How Transparent Is Your City?
A new report highlights major holes in local governments' online disclosure of how economic development dollars are spent. Read More...
February 16, 2017
The future of economic development depends on adaptation
Our nation is in the midst of an important debate about how to create an economy that benefits more people, and the work of economic developers is at the center of it. Read More...
Where global trade has the biggest impact on workers
President-elect Donald Trump’s deal to save the jobs of 730 workers at the Carrier plant in Indiana is a first attempt to deliver on his forceful campaign rhetoric to help workers and communities dislocated by trade. Read More...
 February 7, 2017

Tennessee rural development depends on broadband plan
The Tennessee Department of Economic and Community Development has been working to ensure that Tennessee is the No. 1 state in the Southeast for high quality jobs and succeeding... Read More

Tax Exempt Bonds for Redevelopment in TX Under Review by IRS
The Internal Revenue Service is investigating a deal that raised millions of dollars for the redevelopment of the Statler Hotel and Dallas Central Library, according to lawyers involved in the financing... Read More

Kansas bill aims to offer tax credits to aviation graduates, employers
A bill introduced this week in a Kansas House committee would provide tax credits to recent graduates of aerospace and aviation educational programs, and their employers...
Read More

October 6, 2016

Risk of deglobalization hangs over world economy
The worry is that politics, economics and finance are combining in a way that threatens to throw globalization in reverse, Simon Nixon writes Read more
Technology Implications of the Brexit
The U.K. vote to withdraw from the European Union looks like it’ll take at least two years to unfold, and technology analysts are already talking consequences (or non-consequences) for IT investment and the telecommunications regulatory environment for the Brits. Read More
Exclusive: What’s Ahead for the Toyota Research Institute
The leader of Toyota’s efforts in robotics applications and cloud-based research talks about how the $1 billion effort is progressing. Read more         
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