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 As the economic engine of the country’s fourth-largest metropolitan area, Dallas is a city of opportunity. Billions of dollars in investments have poured into the city in recent years as companies of all sizes have chosen to make major commitments to Dallas. However, the city’s prosperity has not been
Challenge Cross-border trade plays an essential role in the economy of the ten states that fall along both sides of the US-Mexico border. As growing anti-trade sentiment in the US threatened long-standing global trade agreements, including NAFTA, The Mexicans and Americans Thinking Together (MATT) Foundation commissioned a study in 2017
Challenge Boasting scenic landscapes and vibrant urban and rural communities, Montana had experienced a decade of unprecedented inbound migration and steady economic growth. During this time, the state performed well in several key economic indicators, including innovation funding and overall gross domestic product growth. However, heightened regional competition for private
Challenge With more than 5,000 members, the International Economic Development Council (IEDC) is the largest membership organization of its kind. IEDC represents economic development professionals across a range of communities, organizational settings, and practice areas as they work to promote economic well-being and quality of life. Faced with the impending
Challenge For over a decade, the Temple Economic Development Corporation (TEDC) focused its recruitment efforts on several broad sectors, including advanced manufacturing, distribution and logistics, and health and life sciences. In 2012, TIP Strategies was engaged to identify specific niches within each sector and provide recommendations for focusing TEDC’s targeting
Challenge Interstate 68 (I-68) is a 113-mile, east-west highway that travels through mountainous and rural areas to connect I-70 in Hancock, Maryland, to I-79 in Morgantown, West Virginia. In 2016, the counties and cities that share I-68 as a common asset formed the I-68 Regional Economic Partnership (REP). While the
Challenge Nestled in the Texas Hill County, Kerr County offers an attractive quality of life and the City of Kerrville’s downtown amenities, making it a favorite among retirees. However, the county’s relatively low levels of educational attainment, high median age, lack of inventory for industrial or office users, and distance
Challenge Historically, east Austin has not received a proportionate share of revenue or investment. When investment has occurred in this part of the city, the benefits have often excluded current residents or resulted in displacement. As growth pressures continued to affect major east Austin corridors, forward-looking investors sought strategies for
Challenge Marble Falls is part of the economically vibrant Austin metropolitan area and a gateway to Texas’s storied Hill Country. From 2002 to 2012, Marble Falls saw its employment levels increase approximately 40 percent, a trend that was forecasted to continue. However, rapid growth throughout the region also presented challenges
