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 The City of Virginia Beach found itself at an economic development crossroads in late 2020 as the COVID-19 pandemic raged. Home to approximately 450,000 residents, the city boasts 38 miles of beachfront, four of the world’s fastest subsea cables, exceptional transportation infrastructure, and access to the third-largest container port
Challenge With its wealth of economic assets and increasingly positive economic trends, Fort Wayne–Allen County is poised to solidify its position as one of the Midwest’s premier growth centers. However, certain obstacles stand in the way of achieving this goal including a shortage of developable and re-developable sites, talent shortages,
Challenge With the onset of the COVID-19 pandemic, the labor market experienced a whirlwind of changes. Texas witnessed a record high unemployment rate, a higher rate of workers retiring due to health concerns, and some workers leaving the labor force altogether. To address these challenges and strengthen the regional talent
Challenge In 2018, Brownsville was the largest US city in the Rio Grande Valley and a rapidly growing, bi-national region with more than 2.5 million residents. The community was in the midst of an unprecedented convergence of major investment projects from both the private sector (such as SpaceX’s new Boca
Challenge In late 2015, TIP Strategies was commissioned by the Delaware Business Roundtable to prepare a statewide strategy for economic growth and prosperity. The Roundtable engaged state, business, and community leaders in creating an agenda focused on increased capital investment and statewide job creation. Establishing a new public-private partnership (P3)
Challenge Between 2000 and 2017, Fort Worth was one of the fastest-growing large cities in the US. Furthermore, the city has cultivated a unique identity and brand, combining rich cultural heritage with an economy driven by industry-leading employers. Fort Worth achieved this success without a comprehensive, citywide approach for economic
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 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 The Greater Newport and East Bay Region—which includes Newport and Bristol Counties—has a rich history, a global brand, and is a sought-after tourist destination. With advanced defense companies like Raytheon and Northrop Grumman, R&D assets like the Naval Undersea Warfare Center, and national defense installations like the Naval War
