Challenge Boasting scenic landscapes and vibrant urban and rural communities, Montana had experienced a decade of unprecedented inbound migration and steady economic growth. During this time, the state performed well in several key economic indicators, including innovation funding and overall gross domestic product growth. However, heightened regional competition for private […]
Challenge In addition to producing the talent the economy relies on, innovation born out of Texas higher education institutions plays an essential role in the state’s global economic competitiveness. State leaders have made significant investments in this area, nearly tripling the number of top tier research universities in the past
Challenge While the population and demand for services in rural Central Texas have continued to grow post-pandemic, regional employers have struggled to hire, and rural workers have struggled to access the training and support needed to thrive. Seeking to address this deepening disconnect, Workforce Solutions Rural Capital Area (WSRCA) applied
Challenge Despite being part of one of the nation’s fastest-growing metropolitan areas, Kaufman, Texas, was falling behind its Dallas-area peers in 2016. An analysis of trends revealed little population growth, a declining supply of housing, and lagging incomes and home values. Commuting patterns suggested the city was neither a stand-out
Challenge Georgetown, Texas, has been one of the nation’s fastest-growing communities in recent years. Notably, Georgetown experienced more than 100 years of prosperity which was largely independent of the Austin metropolitan area’s expansion. Assets like Southwestern University, one of the state’s oldest higher education institutions, and a nationally recognized Beaux-Arts
Challenge Clovis, New Mexico, is fortunate to have an array of economic advantages that have helped the community weather the Great Recession (2007–2009) and the COVID-19-induced recession. These advantages include a robust agricultural sector, Cannon Air Force Base (Cannon AFB), strong manufacturing employers, and an abundance of cultural assets. While
Challenge Arlington’s growth over the past three decades has been remarkable. With a population of 400,000, the city has affirmed its position as the pivot point in the Dallas-Fort Worth-Arlington metropolitan area. Home to the University of Texas at Arlington (UTA, which was designated a Texas Tier One research institution
Challenge Tampa Bay’s strong economic base, high-profile developments, diverse culture, and desirable amenities have made it one of the country’s fastest-growing regions. Guided by its 2017 strategic plan, the Tampa Bay Economic Development Council (TBEDC), formerly the Tampa Hillsborough Economic Development Corporation, has been instrumental in several regional transformations. Despite
Challenge Covering 14 counties, along with the Saginaw metropolitan area and the sovereign Saginaw Chippewa Indian Tribe of Michigan, the East Michigan Council of Governments (EMCOG) region is incredibly diverse in terms of its geography, demographics, and economic base. As a result, EMCOG’s comprehensive economic development strategy (CEDS) must account
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
