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 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 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 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
Challenge One of a handful of US cities recognized around the world for its vivid history and cultural richness, San Antonio combines relatively affordable housing with a variety of amenities and entertainment options, an array of postsecondary institutions, and diverse career opportunities. Yet despite its many advantages, San Antonio’s track
Challenge Led by a resurgence in energy and petrochemicals, the greater Houston region experienced an extended period of unprecedented growth. With almost $20 billion in investment in new plants and facilities announced along the Gulf Coast, the region was in an enviable position. Employers, however, were concerned that the region
