Challenge The Community Development Foundation (CDF), which serves as the chamber of commerce and economic development organization for Tupelo/Lee County, Mississippi, has long recognized the transformative power of a vision and a plan. Beginning with the 1946 “Tupelo Plan,” the CDF has implemented a series of plans that have enabled […]
Challenge Blaine County, Idaho, experienced a dramatic increase in the cost of land and housing in the years leading up to the 2007–2008 recession. Although the county’s rising costs were, in part, a reflection of the increase in speculative construction seen nationally at the time, conditions in the region were
Challenge Like much of the region surrounding the Eagle Ford Shale, Corpus Christi experienced significant post-recession growth, fueled in large part by the increased rates of oil and gas production made possible through hydraulic fracturing technology. The resulting boom, together with the presence of the Port of Corpus Christi and
Challenge Located in the Phoenix area, Maricopa was one of the most rapidly growing communities in the country, increasing from 1,500 residents in 2000 to more than 43,000 by 2010. This dramatic growth reflected an unusually hot—and ultimately unsustainable—housing market. As a result, growth tapered off after the housing bubble
Challenge For over 60 years, economic development in the area surrounding Killeen, Texas, has been strongly influenced by the growth and expansion of Fort Hood, the largest active duty armored installation in the US Armed Services. Cities in the region have benefited economically, socially, and culturally from the thousands of
Challenge In early 2016, the Lewis Economic Development Council (Lewis EDC) began the process of developing a strategic plan to guide the organization’s short, medium, and long-range economic development activities. Funded under the US Economic Development Administration’s (EDA) Partnerships for Opportunity and Workforce and Economic Revitalization (POWER) Initiative, the plan
Challenge Following the BP Deepwater Horizon oil spill in 2010—the largest maritime oil spill in US history—the state of Mississippi was awarded $750 million to help offset economic damages in coastal communities. In 2018, the Mississippi legislature passed a law (Senate Bill 2002) committing 75 percent of the remaining BP
Challenge Between 2010 and 2015, the Fort Collins–Loveland economy expanded at a rapid pace, adding nearly 20,000 jobs. The local labor market did not keep pace, however, adding just 11,000 workers over the same period. This imbalance, coupled with low unemployment and high underemployment, left many employers unable to find
Challenge The inactivation of the 159th Combat Aviation Brigade coupled with additional reductions in Army personnel dropped the active duty population at Fort Campbell to 26,500 in FY2015, down from a high of 31,092 just two years earlier. These personnel actions had a significant impact on the regional economy (defined
Challenge Robust employment and economic growth led to extremely tight labor market conditions in the Greater Fargo Moorhead region at the start of the 21st century. Even during the 2007-2009 recession, the region’s employment base contracted by less than 1 percent and had fully recovered by 2010. With unemployment less
