Challenge Federal spending on defense procurement had generally maintained a downward trajectory since 2008, the result of effects from the Budget Control Act of 2011 and the Great Recession. With the state of Massachusetts predicting impacts in excess of $20 billion dollars from further spending cuts anticipated to its defense […]
Challenge Center cities of many of the nation’s largest metropolitan areas are registering their highest levels of population growth in decades, with some leading job growth in their metro areas as well. This trend, labeled by some as “the Great Inversion,” represents a reversal of patterns that have dominated the
Challenge Missouri City’s location in the Houston metropolitan area, along with years of careful planning, positioned the community to capture regional economic and population growth. Tremendous growth in the city’s residential areas and strong investment in local business parks pointed to the need for more shovel-ready property across a variety
Challenge Montgomery County is one of the most prosperous and successful communities in the United States. It boasts numerous strengths, including world-class research institutions, globally recognizable brands, a highly educated and diverse populace, and attractive neighborhoods. And yet, Montgomery County (and the entire Washington DC region) faced a profoundly changed
Challenge The North Louisiana Economic Partnership (NLEP) serves the 14-parish North Louisiana region, which includes Shreveport, Monroe, and Natchitoches. The region experienced a number of high-profile relocations and expansions, including nearly 1,600 new information technology (IT) jobs resulting from the expansion of CenturyLink in Monroe and Computer Sciences Corporation’s (CSC)
Challenge The Oneida Nation of Wisconsin’s last economic development plan was prepared in 1997. Two decades later, the US and global economies had endured the largest downturn in generations. And technological advances and other disruptive forces had transformed multiple industries, like manufacturing and agriculture, that were fundamental to northeast Wisconsin’s
Challenge Pasadena’s image as a community of “smokestack industries” no longer reflects its assets or economic potential. As Greater Houston’s second-largest city, Pasadena is well-positioned to compete globally for business and talent. The city’s advantages include major corporate operations representing dozens of countries; a diverse population; a central location (only
Challenge The City of Richmond lacked a prepared workforce and the capacity to build and sustain innovative industries. To better understand their challenges and the opportunities surrounding these issues, the City of Richmond engaged TIP Strategies (TIP) and Hill-Christian Consulting Group (HCCG) to prepare a comprehensive economic development strategy, or
Challenge Saratoga County’s economy has consistently outperformed the region. It boasts vibrant communities with some of the highest incomes in the state. Coupled with world-class tourism attractions and a robust and growing healthcare system, Saratoga County enjoys an enviable position, especially as the beneficiary of one of the largest capital
Challenge Shelton, Washington, was slow to recover from the Great Recession. As of 2018, employment levels had not reached pre-recession levels and the region’s unemployment rate remained several points above the national rate. Furthermore, residents struggled with negative perceptions of the local government and the community itself. Response The city
