Economic Development

Infrastructure, Budget Bills Estimated to Support 4M Jobs

The budget bill would add 1.1 million jobs related to caregiving alone, according to the Economic Policy Institute.

By Andrea Noble
September 17, 2021

New Economic Development Chief Pledges to Ramp Up Outreach

Alejandra Castillo last month took the helm of the U.S. Economic Development Administration, which has seen its budget swell with over $4 billion in pandemic-era grant funding.

By Bill Lucia
September 3, 2021

Amazon to Hire for More Than 40,000 Corporate and Tech Jobs Across US

Many positions will be in Seattle and northern Virginia, but the company is looking to recruit in other regions as well.

By Bill Lucia
September 1, 2021

People Liked Malls

COMMENTARY | Amazon appears to have discovered that the fastest, freest shipping is picking stuff up in person.

By Amanda Mull, The Atlantic
August 23, 2021

The Bill That Could Truly, Actually Bring Back U.S. Manufacturing

And help the climate, too

By Robinson Meyer, The Atlantic
August 18, 2021

Move to Berrien County, Michigan, for the Beaches—And the $15,000

Some of America’s shrinking towns are trying to lure remote workers with cash. It’s not going so great.

By Daniel Block, The Atlantic
July 26, 2021

Feds Reveal Programs For $3B in Local Economic Development Funds

State and local governments will have access to the money, which is flowing from the Economic Development Administration.

By Jean Dimeo
July 22, 2021

Poverty In 2021 Looks Different Than in 1964 – But the US Hasn’t Changed How it Measures Who’s Poor Since LBJ Began His War

By Mark Robert Rank, The Conversation
July 12, 2021

Best and Worst States for Job Opportunities

South Dakota tops the list while Kentucky is No. 50 based on an analysis using 35 economic metrics.

By Jean Dimeo
July 12, 2021

The Hemp Boom is Over. What Now?

Farmers facing low hemp CBD prices are storing their plants and hoping to someday sell them for a higher price.

By Sophie Quinton, Stateline
July 9, 2021

The Government Has Fallen Short on Contracts With Woman-Owned Businesses for Decades

Historic barriers have blocked women-owned small businesses from winning federal contracts, according to a new report.

By Chabeli Carrazana, The 19th
June 23, 2021

Looking to Boost Economic Development? Open a Hospitality Department

COMMENTARY | To reap rewards of the remote work revolution, states and cities should not just market to a limited group of corporate executives but to a much broader market of global talent.

By Lev Kushner and Jon Romano
June 17, 2021

Financial Service Providers Focused on Distressed Areas See $1.2B Influx

Community development financial institutions, which operate in low-income and underserved markets, have gained access to record levels of federal funding over the course of the pandemic.

By Bill Lucia
June 16, 2021

Wish You Were Here: States to Use Federal Funds to Boost Tourism

Governments can appropriate American Rescue Plan dollars to help the travel and hospitality industries rebound from economic devastation brought by the pandemic.

By Andrea Noble
June 16, 2021

Treasury Says It Has Already Distributed $105B in State, Local Aid

That's about one-third of the total $350 billion available from the American Rescue Plan relief fund for states and localities, which launched less than two weeks ago.

By Brent Woodie
May 20, 2021

The States and Cities With the Strongest and Weakest Levels of Capital Investment

A new data tool offers a detailed look at how real estate and business loans and other investments vary widely across the country and sheds light on the inequities poorer and minority neighborhoods face.

By Bill Lucia
May 20, 2021

Report: Black Americans Continue to Face Economic Hardship due to Covid-19

Better educated and older Black adults are faring better than younger, less educated ones who have lost jobs and faced wage cuts at higher rates, making it harder for them to achieve their long-term financial goals, according to the Pew Research Center.

By Brent Woodie
May 18, 2021

Analysis: All 50 States Experience Historic Personal Income Growth in 2020

The rise in personal incomes nationwide is the biggest in 20 years, and because of the pandemic, can largely be attributed to unprecedented government assistance, according to a Pew report.

By Brent Woodie
May 6, 2021

Bidenomics Really Is Something New

COMMENTARY | The president is willing to take on political fights that Obama and Clinton considered unwise, if not unwinnable. Will that strategy pay off?

By Ronald Brownstein, The Atlantic
May 6, 2021

A $4.5B Pool of Economic Recovery Funds States, Localities Can Tap Into

The U.S. Economic Development Administration received an influx of Covid relief dollars over the past year that is more than 10 times the size of its usual budget. That money is now flowing as grants.

By Bill Lucia
May 6, 2021

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Alejandra Castillo last month took the helm of the U.S. Economic Development Administration, which has seen its budget swell with over $4 billion in pandemic-era grant funding.

Many positions will be in Seattle and northern Virginia, but the company is looking to recruit in other regions as well.

COMMENTARY | Amazon appears to have discovered that the fastest, freest shipping is picking stuff up in person.

And help the climate, too

In the July 27 edition we talk with urbanist Bruce Katz about ways local governments can strategize to take full advantage of new federal dollars and why he made a comparison between pandemic aid and the Amazon HQ2 competition.

Some of America’s shrinking towns are trying to lure remote workers with cash. It’s not going so great.

State and local governments will have access to the money, which is flowing from the Economic Development Administration.

South Dakota tops the list while Kentucky is No. 50 based on an analysis using 35 economic metrics.

Farmers facing low hemp CBD prices are storing their plants and hoping to someday sell them for a higher price.

Historic barriers have blocked women-owned small businesses from winning federal contracts, according to a new report.

COMMENTARY | To reap rewards of the remote work revolution, states and cities should not just market to a limited group of corporate executives but to a much broader market of global talent.

Community development financial institutions, which operate in low-income and underserved markets, have gained access to record levels of federal funding over the course of the pandemic.

Governments can appropriate American Rescue Plan dollars to help the travel and hospitality industries rebound from economic devastation brought by the pandemic.

That's about one-third of the total $350 billion available from the American Rescue Plan relief fund for states and localities, which launched less than two weeks ago.

A new data tool offers a detailed look at how real estate and business loans and other investments vary widely across the country and sheds light on the inequities poorer and minority neighborhoods face.

Better educated and older Black adults are faring better than younger, less educated ones who have lost jobs and faced wage cuts at higher rates, making it harder for them to achieve their long-term financial goals, according to the Pew Research Center.

The rise in personal incomes nationwide is the biggest in 20 years, and because of the pandemic, can largely be attributed to unprecedented government assistance, according to a Pew report.

COMMENTARY | The president is willing to take on political fights that Obama and Clinton considered unwise, if not unwinnable. Will that strategy pay off?

The U.S. Economic Development Administration received an influx of Covid relief dollars over the past year that is more than 10 times the size of its usual budget. That money is now flowing as grants.