Challenge Situated just north of Houston in Montgomery County, Texas, Conroe’s employment situation in the latter half of the 2010s mirrored national trends. The county’s unemployment levels reached historic levels—as low as 2.8 percent in May 2019—and job growth in the county was outpacing the growth of the local labor […]
Challenge With a thriving petrochemical industry, strong educational assets, and a vibrant local culture, Pasadena, Texas, is a significant contributor to the Houston metro area economy. The city’s central role in this dynamic region is reinforced by its geographic location (just 15 minutes from downtown Houston) and its status as
Challenge Charged with linking transportation and land use planning in a 7-county region of northeastern Illinois, the Chicago Metropolitan Agency for Planning (CMAP) and its partners have a strong history of collaboration. Long-range planning efforts such as ON TO 2050, the region’s current comprehensive plan that identified economically disconnected and
Challenge Northeast Florida offers residents a high quality of life with a wide range of amenities, including access to ocean beaches, inland waterways, and other outdoor recreational opportunities as well as options for rural and urban living. Over the past decade, population has increased significantly across the region as skilled
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 Since it was created by the General Assembly in 2017, the Delaware Prosperity Partnership (DPP) has established itself as a first-rate statewide economic development organization. The public-private partnership (P3) has generated an impressive return—helping to locate 56 projects totaling $1.52 billion in capital investment—and has built trust and credibility
Challenge Community development financial institutions (CDFIs) play a key role in expanding access to financial products and services in low-income and moderate-income communities. A range of institutions can be designated as CDFIs including banks, credit unions, loan funds, and venture capital funds. An August 2023 analysis by the Federal Reserve
Challenge While issues related to racism and equity have been present for generations, several pivotal events in 2020 shone a bright light on the scale and pervasive nature of racial disparities. In the first quarter of 2020, the COVID-19 pandemic and the associated economic downturn drew attention to the importance
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
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
