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 Centrally located between Miami and Fort Lauderdale, the City of North Miami enjoys the benefits of both cities, including international airports, major seaports, and vibrant downtowns. Aside from its enviable location in one of the most dynamic regions in the US, North Miami boasts several distinct features. These include
Challenge Originally adopted in 2000, the Jefferson EDGE strategy has served as a roadmap for economic development in Jefferson Parish, Louisiana. Throughout its various iterations, the EDGE planning efforts have set the course for many of the Parish’s most successful initiatives, including the development of the 480-acre Churchill Technology &
Challenge Located on the eastern side of the Dallas-Fort Worth Metroplex, Rockwall, Texas, is an economic development leader. Its strong commercial and industrial tax base supports a high quality of life for residents, while maintaining a low property tax rate relative to the region. The establishment and growth of the
Challenge McAllen has long been an economic development leader in the Rio Grande Valley. The community has leveraged the combined strengths of northern Mexico and south Texas, driving both population and economic growth. The McAllen Economic Development Corporation’s (MEDC) effective and sustained domestic and international marketing efforts have resulted in
Challenge In early 2020, Central Texas had enjoyed years of record-setting expansion and a labor market with historically low unemployment. However, even under these favorable conditions, worrisome trends loomed. The aging of the workforce and retirement exposure, the educational attainment of the working-age population, youth disconnection, and the digitalization of
Challenge At the onset of the COVID-19 pandemic, the Texas unemployment rate skyrocketed from its historical low of 3.4 percent in January 2020 to its historical high of 12.6 percent in April 2020. Like the rest of the country, a wide range of stakeholders, including public officials and economic development
Challenge Once considered a sleepy college town on the outskirts of the Dallas-Fort Worth (DFW) Metroplex, Denton has experienced extensive growth since the city’s last comprehensive economic development plan in 2003. Since then, City leaders have made investments in the downtown district and an industrial park that put Denton squarely
Challenge One of a handful of US cities recognized around the world for its vivid history and cultural richness, San Antonio combines relatively affordable housing with a variety of amenities and entertainment options, an array of postsecondary institutions, and diverse career opportunities. Yet despite its many advantages, San Antonio’s track
Challenge The COVID-19 pandemic and associated economic upheaval had a negative impact on business supply chains, workers, and communities in Texas and around the globe. This upheaval exacerbated existing business challenges, particularly for small- and minority-owned businesses. Along with its challenges, the downturn presented opportunities to build on trends that
