Challenge Center cities of many of the nation’s largest metropolitan areas are registering their highest levels of population growth in decades, with some leading job growth in their metro areas as well. This trend, labeled by some as “the Great Inversion,” represents a reversal of patterns that have dominated the […]
Challenge Comprised of Mason City, Clear Lake, and Greater Cerro Gordo County, the North Iowa Corridor boasts multiple industry strengths, including advanced manufacturing, food processing, transportation and warehousing, and healthcare services. Like many rural areas, however, the region struggled to retain young professionals and experienced a gradual decline in population
Challenge The North Louisiana Economic Partnership (NLEP) serves the 14-parish North Louisiana region, which includes Shreveport, Monroe, and Natchitoches. The region experienced a number of high-profile relocations and expansions, including nearly 1,600 new information technology (IT) jobs resulting from the expansion of CenturyLink in Monroe and Computer Sciences Corporation’s (CSC)
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 Pasadena’s image as a community of “smokestack industries” no longer reflects its assets or economic potential. As Greater Houston’s second-largest city, Pasadena is well-positioned to compete globally for business and talent. The city’s advantages include major corporate operations representing dozens of countries; a diverse population; a central location (only
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 Saratoga County’s economy has consistently outperformed the region. It boasts vibrant communities with some of the highest incomes in the state. Coupled with world-class tourism attractions and a robust and growing healthcare system, Saratoga County enjoys an enviable position, especially as the beneficiary of one of the largest capital
Challenge Shelton, Washington, was slow to recover from the Great Recession. As of 2018, employment levels had not reached pre-recession levels and the region’s unemployment rate remained several points above the national rate. Furthermore, residents struggled with negative perceptions of the local government and the community itself. Response The city
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 Right Place, Inc. (RPI) is an award-winning economic development organization serving the West Michigan region that includes Grand Rapids. The region is in an enviable economic position. The area has consistently led the state in population growth and the city of Grand Rapids was named one of the
