Challenge In mid-2010 the Austin Technology Incubator (ATI) received a grant from the US Department of Commerce’s Economic Development Administration (EDA) to determine the feasibility of developing wet-lab space for life-sciences companies in Austin. The ATI study was intended to estimate the demand for wet-lab space in Austin, determine best […]
Challenge Perceptions of a disconnect between the skill and experience needs of regional employers and the skills and experience of those seeking employment have long been a topic of discussion among Detroit area business leaders. While this disconnect is often raised as a national issue, resulting from technological disruptions and
Challenge Due to the oil boom in the Bakken region of North Dakota, the Bismarck-Mandan region was the location of choice for engineering companies, oil field support services, and other business services related to oil and gas exploration. However, in the face of low oil prices and a slowing of
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 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 Jazzland, a 162-acre amusement park, opened in 2000 in an effort to create jobs and bring a major tourism attraction to New Orleans East. The park was purchased by Six Flags in 2002. Hurricane Katrina devastated the amusement park in 2005 and Six Flag’s own bankruptcy complicated the park’s
Challenge Fueled by troop movement at Fort Hood—Texas’ largest single-site employer – and expansion in the regional medical industry, the Greater Killeen area has experienced significant population growth over the past several decades. As the region continues to expand, it increasingly competes with the diverse amenities and higher wages offered
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 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
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
