TIP Strategies is a privately held Austin-based economic development consulting firm committed to providing quality solutions for public and private‑sector clients.
This blog is dedicated to exploring new data and trends in economic development.
By: Dennis Yusko
The Saratoga County Board of Supervisors voted Tuesday to create a local development corporation that will lead economic development efforts in the county.
The Saratoga County Prosperity Partnership unites economic development efforts under one umbrella, county leaders said. Its formation was recommended by TIP Strategies of Austin, Texas, which elected officials hired to create the county’s first Economic Development Strategic Plan. County supervisors adopted the plan in March.
The partnership will be managed by 15 board of directors serving two-year terms. County supervisors will appoint the members. Seven were approved on Tuesday to oversee organizational tasks, including adopting bylaws, hiring staff and recommending additional directors from the community. The seven are: County Economic Development Committee Chairman Jack Lawler (R-Waterford), county Economic Development Committee Vice-Chairwoman Anita Daly (R-Clifton Park), county Industrial Development Agency board member Art Johnson (R-Wilton), Brendan Chudy, senior manager and deputy director for GlobalFoundries, Omar Usmani, executive partner of the Aeon Nexus Corporation, Penny Hill, associate dean for Hudson Valley Community College’s Training and Education Center for Semiconductor Manufacturing and Alternative and Renewable Technologies (TEC-SMART) facility in Malta, and Ray Callanan, chairman of the Saratoga County IDA.
The partnership will implement the county’s economic strategic plan in the coming months with a focus on business and industry, tourism and agriculture. It recommends expanding into advanced manufacturing, research and development, clean technology, financial business process outsourcing and specialized distribution. “Catalyst projects” include increasing workforce training in manufacturing technology, improving strategic infrastructure, developing stronger business retention and expansion programs and better marketing and outreach initiatives to target industries, building a strong small business and entrepreneurial support network and more effectively leveraging recreational activities to enhance economic development efforts.
“Today’s vote to create the Saratoga County Prosperity Partnership is a significant moment in our effort to launch a forward-thinking economic development entity that will address the needs of local industry groups and economic development stakeholders,” county Board of Supervisors Chairman Paul Sausville (R-Malta) said. “The partnership will reinvigorate economic development in Saratoga County and work cooperatively with the entire community.”
Posted By: Chris Walker
Migration flows in the United States
Click here for interactive map.
Approximately 7.1 million Americans moved to another state in 2012. That’s over 2.2% of the U.S. population. The United States has a long history of people picking up and moving their families to other parts of the country, in search of better livelihoods. That same spirit of mobility, a willingness to uproot oneself, seems alive and well today based on the visualization of migration patterns above.
The visualization is a circle cut up into arcs, the light-colored pieces along the edge of the circle, each one representing a state. The arcs are connected to each other by links, and each link represents the flow of people between two states. States with longer arcs exchange people with more states (California and New York, for example, have larger arcs). Links are thicker when there are relatively more people moving between two states. The color of each link is determined by the state that contributes the most migrants, so for example, the link between California and Texas is blue rather than orange, because California sent over 62,000 people to Texas, while Texas only sent about 43,000 people to California. Note that, to keep the graphic clean, I only drew a link between two states if they exchanged at least 10,000 people.
I saw a few interesting things in this graphic:
• First, there are more people leaving California than there are arriving there. 566,986 people left the Golden State in 2012, for states like Texas, Nevada, Washington, and Arizona, presumably for the lower cost of living.
• New York also shows more people leaving than arriving. The most popular destination for New Yorkers is Florida. My hunch is that these are retirees. The next most popular destinations are New Jersey and Pennsylvania. More likely these folks are leaving pricey New York City for more affordable suburbs in neighboring states.
• Migrants are flocking to Florida. Interestingly the state contributing the most migrants to Florida is neighboring Georgia. Texas, New York, and North Carolina are the next largest contributors.
• Texas is the second-largest destination for migrants. Over 500,000 people moved to Texas in 2012. People tend to come from the Southeast, Southwest, and the West, with the biggest contributor being California. 62,702 Californians packed up and moved to the Lone Star state in 2012.
• Most people leaving DC tend to stay in the area, opting for Virginia or Maryland. The economy of DC, centered around the federal government, seems to discourage more distant migrations.
• The migrants who leave two very cold states, Maine and Alaska, have very clear preferences. Their most popular destinations are Florida and California.
Registration for OneRedmond’s second annual investors’ meeting will open on Thursday. The meeting will take place from 11:30 a.m. to 1 p.m. on June 18 at the Redmond Marriott Town Center (7401 164th Ave. N.E.).
Special guest will be Jon Roberts, principal of Austin-based TIP Strategies. Roberts, an internationally recognized economic development professional, will address the changing economic development environment both nationally and on the Eastside. TIP is intimately familiar with the regional economy having prepared strategies for OneRedmond and the Prosperity Partnership covering the Seattle Metro area.