Challenge Midland’s economy was thriving during the latter half of the last decade due to an ongoing energy-led expansion. Fueled by this expansion, the city added residents at a pace faster than almost any other city in the nation and greatly increased employment opportunities. This rapid growth, however, challenged city […]
Challenge The City of Irving, Texas, operates in a highly competitive environment. Despite its many advantages—ranging from its transportation network to available workforce to prime sites—the city is in a constant battle for projects within the fast-growing Dallas-Fort Worth metropolitan area. Irving occupies an enviable position in the region but
Challenge The idling of Alcoa’s aluminum production facility in Rockdale, Texas—announced at the height of the Great Recession—would ultimately put more than 1,200 employees out of work and shutter nearly two dozen local businesses that were reliant on the plant or its employees. The crisis brought together representatives from the
Challenge Following significant job losses during the Great Recession, Yoakum, Texas, has experienced steady annual employment growth since the downturn’s official end in 2009. These gains reflect the continued diversification of the area economy, driven in large part by energy-related growth surrounding the Eagle Ford Shale. The city has also
Challenge Despite its largely positive economic climate, Texas’s Lower Rio Grande Valley has long faced daunting workforce development challenges. Nearly one-half of the region’s working-age population does not have a high school diploma and only 1 in 8 have a bachelor’s degree or higher. Employers face numerous additional challenges, including
Challenge Southlake boasts multiple competitive advantages. It is centrally located in the Dallas-Fort Worth area, one of the fastest-growing regions in the United States, and is recognized as a visionary community with active, engaged citizens who are dedicated to high quality, excellence, and success. This reputation also extends to its
Challenge While the Lower Rio Grande Valley of Texas fared better than much of the country during the Great Recession, it was not immune to the downturn. Across the four-county region, the construction, manufacturing, transportation, and farming industries were hardest hit, adding tens of thousands of workers to the unemployment
Challenge Comprised of three cities in two countries (El Paso, Texas; Las Cruces, New Mexico; and Ciudad Juárez, Chihuahua), the Borderplex region offers a number of advantages for business and talent. To promote these advantages—which include a young and diverse population, a multi-modal transportation network, six international ports of entry,
Challenge In December 2017, the City of Fort Worth and TIP Strategies completed an economic development strategic plan (EDSP) built around themes of competitiveness, creativity, and community vitality. The EDSP tied these priorities to four tangible and measurable outcomes over a five-year horizon: high-wage job growth, a more sustainable tax
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
