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 With Oregon’s employment base growing faster than its labor force, the state’s talent shortage has become more acute. Rising vacancies and increases in the length of time required to fill positions cost Oregon employers billions each year (not to mention the subsequent loss of state revenues from income taxes).
Challenge East Kern County’s economy is driven primarily by two military installations (Naval Air Weapons Station-China Lake and Edwards Air Force Base), the Mojave Air and Space Port, and Rio Tinto Minerals. Spanning more than 8,000 square miles and encompassing a diverse group of communities—including incorporated cities (California City, Ridgecrest,
Challenge Employers in the El Paso area encountered difficulty finding talent to fill mission-critical positions in several of the region’s leading industries. As part of a business-led effort dedicated to driving economic growth, the Borderplex Alliance—in partnership with Workforce Solutions Borderplex, the Medical Center of the Americas Foundation, JP Morgan
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 Located on the eastern side of the Dallas-Fort Worth Metroplex, Rockwall, Texas, is an economic development leader. Its strong commercial and industrial tax base supports a high quality of life for residents, while maintaining a low property tax rate relative to the region. The establishment and growth of the
Challenge McAllen has long been an economic development leader in the Rio Grande Valley. The community has leveraged the combined strengths of northern Mexico and south Texas, driving both population and economic growth. The McAllen Economic Development Corporation’s (MEDC) effective and sustained domestic and international marketing efforts have resulted in
Challenge In early 2020, Central Texas had enjoyed years of record-setting expansion and a labor market with historically low unemployment. However, even under these favorable conditions, worrisome trends loomed. The aging of the workforce and retirement exposure, the educational attainment of the working-age population, youth disconnection, and the digitalization of
Challenge At the onset of the COVID-19 pandemic, the Texas unemployment rate skyrocketed from its historical low of 3.4 percent in January 2020 to its historical high of 12.6 percent in April 2020. Like the rest of the country, a wide range of stakeholders, including public officials and economic development
Challenge Once considered a sleepy college town on the outskirts of the Dallas-Fort Worth (DFW) Metroplex, Denton has experienced extensive growth since the city’s last comprehensive economic development plan in 2003. Since then, City leaders have made investments in the downtown district and an industrial park that put Denton squarely
