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 A dramatic rise in energy prices leading up to the Great Recession—with crude oil spiking at more than $140 per barrel in mid-2008—suggested the era of cheap petroleum was coming to an end. Surging prices for fossil fuels, coupled with air quality and national security concerns, contributed to a
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 Five years after the official end of the Great Recession, Delaware continued to struggle with the lasting effects of the downturn. Faced with budget challenges; a restructuring of the state’s traditional industry clusters; and intense regional and national competition for jobs, investment, and talent, aggressive action was called for.
