Challenge Midland’s economy was thriving during the latter half of the last decade due to an ongoing energy-led expansion. Fueled by this expansion, the city added residents at a pace faster than almost any other city in the nation and greatly increased employment opportunities. This rapid growth, however, challenged city […]
Challenge Perhaps more than any other region in the country, Southern Nevada was devastated by the Great Recession. The region went from having some of the lowest rates of unemployment to the highest. Tens of thousands of families lost their homes as jobs dried up, credit tightened, and the regional
Challenge In late 2015, TIP Strategies was commissioned by the Delaware Business Roundtable to prepare a statewide strategy for economic growth and prosperity. The Roundtable engaged state, business, and community leaders in creating an agenda focused on increased capital investment and statewide job creation. Establishing a new public-private partnership (P3)
Challenge Northwest Indiana’s economy has long been driven by its deep manufacturing base, proximity to Chicago and Lake Michigan, multimodal transportation infrastructure, and agricultural production and processing sectors. Natural amenities, well-regarded higher education and healthcare institutions, a skilled workforce, diverse communities, and a competitive business climate contributed to the region’s
Challenge The US military and defense sector represents a key driver in Alaska, accounting for tens of thousands of jobs and billions of dollars in federal spending. Yet, despite its outsized role, there were significant gaps in understanding among public sector decision makers at all levels of the impact of
Challenge Together North Jersey (TNJ) was created in 2011 to help develop a Regional Plan for Sustainable Development (RPSD) for the 13 counties of the North Jersey region: Bergen, Essex, Hudson, Hunterdon, Middlesex, Morris, Monmouth, Ocean, Passaic, Somerset, Sussex, Union, and Warren. While it was among the nation’s most vital
Challenge Economic growth in the United States Virgin Islands (“USVI” and “Territory”) suffered due to the 2012 closure of the HOVENSA oil refinery, US Treasury regulations contained in the 2004 Jobs Act, and the ongoing sluggishness in the global economy following the Great Recession. In addition, the Territory faced ongoing
Challenge In late 2019, Delaware was enjoying some the lowest unemployment levels in the state’s history. The state’s largest city, Wilmington, boasted a thriving tech sector, built on its strengths in business and financial services, that supported $65 million in wages and 17,000 jobs. Yet despite these favorable economic conditions,
Challenge Situated in South Central Alaska, Mat-Su Borough covers an expansive area totaling nearly 25,000 square miles. Since 1970, Mat-Su has experienced explosive population growth, driven largely by Anchorage residents drawn to its more affordable housing options and appealing lifestyle. The associated residential construction surge resulted in haphazard growth patterns
Challenge Five years after the official end of the Great Recession, Delaware continued to struggle with the lasting effects of the downturn. Faced with budget challenges; a restructuring of the state’s traditional industry clusters; and intense regional and national competition for jobs, investment, and talent, aggressive action was called for.
