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 With more than 5,000 members, the International Economic Development Council (IEDC) is the largest membership organization of its kind. IEDC represents economic development professionals across a range of communities, organizational settings, and practice areas as they work to promote economic well-being and quality of life. Faced with the impending
Challenge Even before the COVID-19 pandemic, employers across the country were experiencing severe labor market challenges, including low labor force participation rates and the aging out of the baby boom generation. With the onset of the pandemic, many of these challenges were accelerated. Workers across the country scrambled to figure
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 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 The Northern Colorado region of Larimer and Weld Counties benefits from years of collaboration among chambers of commerce, economic development organizations, and local governments. In 2019, the two county governments, along with selected towns and municipalities executed a memorandum of understanding to collaborate on economic development activities that promote
