Challenge Situated just north of Houston in Montgomery County, Texas, Conroe’s employment situation in the latter half of the 2010s mirrored national trends. The county’s unemployment levels reached historic levels—as low as 2.8 percent in May 2019—and job growth in the county was outpacing the growth of the local labor […]
Challenge The use of incentives is often criticized for providing a subsidy to a private entity at the expense of taxpayers. However, a strategic approach to structuring and targeting incentives can be an effective means of achieving specific goals and desired outcomes. As part of the establishment of an office
Challenge The Milwaukee region has a strong base of technology talent with almost 76,000 tech workers that support 140 industries and generate more than $27 billion for the regional economy. However, the region’s technology talent cluster has not grown as rapidly as peer regions’ and has struggled to be competitive
Challenge The Austin-Round Rock metropolitan area has experienced unprecedented economic growth and prosperity for decades. However, much of the region’s population has not shared in that prosperity. The area has rapidly become less affordable for residents—including those with jobs—as housing costs have continued to outpace wage growth. At the same
Challenge The availability of skilled labor has been an increasingly important factor in site location decisions. For corporate decision-makers, it is no longer sufficient to understand the overall supply of workers; investment decisions often depend on the ability to demonstrate a likely pool of workers with specific skills. Response Nashville-based
Challenge The nine-county region served by Workforce Solutions Northeast Texas lies in a largely rural corner of the state that enjoys many substantial economic development advantages. These include proximity to Dallas/Fort Worth, access to Interstate 30, and pro-business climate with a diverse and strong foundation of major industrial employers. However,
Challenge Downtown San Marcos has historically served many roles. As the county seat, people are drawn into downtown to conduct official business. It acts as a gateway to the hill country, routing travelers through downtown on Ranch Road 12. And it functions as an entertainment district for the city and
Challenge In the mid-2000s, the Northeast Texas region and neighboring counties in Southwest Arkansas faced significant job losses associated with the realignment of the Red River Army Depot and Lone Star Army Ammunition Plant. In addition, the region experienced layoffs in the manufacturing and retail sectors. Key studies completed during
Challenge In mid-2010 the Austin Technology Incubator (ATI) received a grant from the US Department of Commerce’s Economic Development Administration (EDA) to determine the feasibility of developing wet-lab space for life-sciences companies in Austin. The ATI study was intended to estimate the demand for wet-lab space in Austin, determine best
Challenge As part of its efforts to organize a regional cluster initiative, Bexar County contracted TIP Strategies to develop a report on the Texas—Northeastern Mexico vehicle manufacturing industry. The purpose of the report was to define the region, highlight industry trends, and profile the regional assets that support vehicle manufacturing.
