Challenge Federal spending on defense procurement had generally maintained a downward trajectory since 2008, the result of effects from the Budget Control Act of 2011 and the Great Recession. With the state of Massachusetts predicting impacts in excess of $20 billion dollars from further spending cuts anticipated to its defense […]
Challenge Montgomery County is one of the most prosperous and successful communities in the United States. It boasts numerous strengths, including world-class research institutions, globally recognizable brands, a highly educated and diverse populace, and attractive neighborhoods. And yet, Montgomery County (and the entire Washington DC region) faced a profoundly changed
Challenge Northwest Florida’s traditional reliance on tourism and on the presence of US military installations and personnel to drive growth has obscured the essential role overall business vitality plays in successful economies. The region’s vulnerability to external shocks and the need to develop a more diversified economy were illuminated first
Challenge The City of Richmond lacked a prepared workforce and the capacity to build and sustain innovative industries. To better understand their challenges and the opportunities surrounding these issues, the City of Richmond engaged TIP Strategies (TIP) and Hill-Christian Consulting Group (HCCG) to prepare a comprehensive economic development strategy, or
Challenge For over a decade, the Temple Economic Development Corporation (TEDC) focused its recruitment efforts on several broad sectors, including advanced manufacturing, distribution and logistics, and health and life sciences. In 2012, TIP Strategies was engaged to identify specific niches within each sector and provide recommendations for focusing TEDC’s targeting
Challenge The importance of the military and defense sector to the state of Washington is clear; the sector provides tens of thousands of jobs and contributes billions of dollars to the state economy. What was not clear to state leaders is the extent to which Washington businesses are reliant on
Challenge The counties along Wisconsin’s Interstate 41 (I-41) corridor have traditionally comprised one of the nation’s largest manufacturing regions, with the sector accounting for nearly 19 percent of all jobs in 2016 (compared with just 8 percent of employment nationally). Following the Great Recession, the five-county area experienced steady job
Challenge Located on the Central Coast of California, the City of San Luis Obispo (City) functions as one of the region’s economic centers. It boasts a blend of industries, a strong visitor economy, a vibrant downtown, proximity to outdoor recreation amenities, and the presence of California Polytechnic State University and
Challenge The Baltimore Region has seen steady growth and development over the past 20 years, the result of both broad economic forces and localized strategies that leverage its strong foundation of assets including its strategic East Coast location, relative affordability, active waterfront, and diverse talent pool. The region is also
Challenge Located southwest of Houston, Fort Bend County is one of Texas’s largest and most diverse counties, encompassing communities from the historic county seat of Richmond to up-and-coming cities like Sugar Land and Fulshear. It is also one of the nation’s fastest-growing counties, thanks to strategic advantages including transportation assets
