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 The Red River Army Depot (RRAD) has long been the single largest employer and a critical economic engine in the bi-state Texarkana region. In response to cuts in federal defense spending and Army downsizing, regional officials sought to prepare for what they anticipated would be further workload reductions and
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 Faced with more than three decades of stagnant population trends and lagging income and educational attainment, Muskogee, Oklahoma, was at a crossroads. Despite the area’s many assets, which included a strong base of private and public sector employers, desirable market access, and a committed group of leaders, Muskogee failed
Challenge Based in Tulsa, Oklahoma, The Williams Companies, Inc. (Williams) is an energy infrastructure company with assets across the natural gas value chain, including exploration, processing, and transport. These assets include the ownership and operation of more than 30,000 miles of pipelines, including the 10,000-mile Transco pipeline which extends from
Challenge The nine-county region served by Workforce Solutions Northeast Texas lies in a largely rural corner of the state that enjoys many substantial economic development advantages. These include proximity to Dallas/Fort Worth, access to Interstate 30, and pro-business climate with a diverse and strong foundation of major industrial employers. However,
Challenge Downtown San Marcos has historically served many roles. As the county seat, people are drawn into downtown to conduct official business. It acts as a gateway to the hill country, routing travelers through downtown on Ranch Road 12. And it functions as an entertainment district for the city and
Challenge In the mid-2000s, the Northeast Texas region and neighboring counties in Southwest Arkansas faced significant job losses associated with the realignment of the Red River Army Depot and Lone Star Army Ammunition Plant. In addition, the region experienced layoffs in the manufacturing and retail sectors. Key studies completed during
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 Cross-border trade plays an essential role in the economy of the ten states that fall along both sides of the US-Mexico border. As growing anti-trade sentiment in the US threatened long-standing global trade agreements, including NAFTA, The Mexicans and Americans Thinking Together (MATT) Foundation commissioned a study in 2017
