Challenge Recognizing that talent is a key driver of regional competitiveness, the Tampa Bay Partnership assessed talent indicators for the region and measured these against 19 peer communities. This exercise revealed that the Tampa Bay talent pool lagged its peers, particularly in metrics related to the regional talent pipeline. In […]
Challenge The Austin-Round Rock metropolitan area has experienced unprecedented economic growth and prosperity for decades. However, much of the region’s population has not shared in that prosperity. The area has rapidly become less affordable for residents—including those with jobs—as housing costs have continued to outpace wage growth. At the same
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 The availability of skilled labor has been an increasingly important factor in site location decisions. For corporate decision-makers, it is no longer sufficient to understand the overall supply of workers; investment decisions often depend on the ability to demonstrate a likely pool of workers with specific skills. Response Nashville-based
Challenge The federal Base Realignment and Closure Commission (BRAC 2005) decided to realign the 188th Fighter Wings of the Air National Guard at Fort Smith, Arkansas. This decision prompted concerted action on the community’s part to maintain existing levels of engagement with Fort Smith. Though the community avoided economic catastrophe,
Challenge In late 2019, Delaware was enjoying some the lowest unemployment levels in the state’s history. The state’s largest city, Wilmington, boasted a thriving tech sector, built on its strengths in business and financial services, that supported $65 million in wages and 17,000 jobs. Yet despite these favorable economic conditions,
Challenge The US Department of Energy’s 300-square-mile Savannah River Site (SRS) has been a key economic driver in South Carolina since the 1950s, making the federal government and its contractors the region’s largest industry sector. Established in 1993, the Savannah River Site Community Reuse Organization (SRSCRO) is charged with facilitating
Challenge Maury County, Tennessee, enjoyed a relatively young housing stock, low rates of violent crime, and a healthy share of residents ages 20 to 39. These attributes, along with its location in the orbit of the Nashville metropolitan area, should have made Maury County a contender for talent attraction and
Challenge Lewis County, Washington, sought to mitigate job losses and community divestment resulting from the closure of the state’s only remaining coal-fired power plant, TransAlta. Under a grant from the US Economic Development Administration’s Partnerships for Opportunity and Workforce and Economic Revitalization (POWER) initiative, the community engaged TIP Strategies to
Challenge Established in 1975, the Hispanic Scholarship Fund (HSF) is the nation’s largest nonprofit dedicated to increasing college graduation rates among Latinx families in the US. In addition to its dedicated scholarship fund, the organization operates a broad range of outreach and education programs in support of this goal, including
