This January, the International Economic Development Council held their 2019 Leadership Summit in Fort Lauderdale, Florida. The event, aimed at the most senior members of the profession, sets out a broad economic development agenda for the coming year. In this article, Jon Roberts highlights the issues likely to concern economic development organizations throughout 2019.
Recognizing the need to more rapidly modernize its forces, the US Army established the Army Futures Command (AFC) in July 2018. AFC represents the most significant reorganization within the Army in almost 50 years. The Army knew that in order to maintain military superiority, it had to transform the way it develops and adopts new technology.
TIP Strategies (TIP) is proud to collaborate with the National League of Cities (NLC) First Tier Suburbs Council on a unique new venture, the Economic Development Summit Pilot Program. The program provides a selected community the opportunity to partner with TIP and the First Tier Suburbs Council to hold a day-long economic development forum in their community.
TIP Strategies tracks the ongoing ups and downs of metropolitan job growth with our Geography of Jobs interactive map. Our latest updated held some surprises. In the 12 months ending in November 2018, Houston added just over 114,000 jobs, more than any other US metropolitan area.
TIP Strategies continues to track patterns of regional employment disparity in the US economy with our Geography of Recovery interactive map. As of November 2018, seasonally adjusted nonfarm employment in the US approached 150 million for the first time, a gain of more than 11 million jobs from the start of the Great Recession. The strong gains mask some bad news, however.
Jon Roberts was invited to give the keynote address at the International Economic Development Council’s 2018 Leadership Summit held in Las Vegas (January 28-30). The topic was “disruption” with observations on Amazon’s site selection process provided by Gene DePrez.
Last month, John Karras attended the International Economic Development Council’s 2018 Leadership Summit held in Las Vegas (January 28-30). This annual event offers the opportunity for economic development’s senior-most leaders to share their experiences and talk about the future of the profession. In this post, John shares his three key takeaways.
Over the past decade concepts like full employment, the skills gap, and the gray tsunami have become pressing concerns in the economic development arena. Technological disruptions continue to cast a shadow on the future of jobs. In the face of these challenges, here are three trends that are worth paying attention to over the short term.
The major theme for the US defense sector in 2018 continues to be uncertainty. Congress remains under immense pressure to raise defense spending due to ongoing military operations, decreased readiness, and aging weapons systems. However, addressing these challenges will require Congress to pass a budget that removes the spending caps mandated by Budget Control Act of 2011, which Washington currently seems unable to accomplish.
Urban development trends, such as coworking, experiential retail, and big-box redevelopment will continue to impact US communities (large and small) in 2018. Economic developers, take notice! Creative approaches to development challenges will abound in the year ahead.