Economic Development
Covering topics such as development incentives, business preservation, job creation and training and unemployment.
A stretch of a historic highway in Lancaster, Calif., was transformed from a semi-freeway through town to an inviting space for residents and passersby to linger and connect.
Their inventor wanted them to be centers of social life. They never really achieved that goal, but the ones that remain are more than just places to spend money.
Pay and benefits are important, but a better-trained, more professional workforce is crucial as well. State child-care administrators and agencies are key to making it happen.
Authorities known as industrial development agencies hand out nearly $11 billion worth of subsidies each year.
DOD has released an industrial strategy that calls for a revival of domestic manufacturing that extends far beyond traditional defense contractors.
A handful of incoming mega-projects, such as a $15B Micron expansion and a new Meta data center, could squeeze the state’s tradesmen and hinder other developments across the state.
Revenues are coming in slower, creating some shortfalls. Following recent boom times, even a bit of belt-tightening is going to come as a shock.
Legislators continue to stall on proposed and already-enacted laws that aim to promote small-business development in minority and low-income communities. At the end of last year, the state’s Black unemployment rate was nearly 3 percent higher than the overall average.
Billions of dollars in tax-sheltered municipal bonds are sold to fund stadiums and arenas that enrich team owners while fueling federal deficits. Local politicians can’t say no, but Congress should.
The city’s own study about Mayor London Breed’s proposal to make it more profitable to turn empty offices into new homes found that it is unlikely to drive significant savings under current market conditions.
Future in Context
The co-author of a new book suggests that when technology, data and collective effort converge, government, the tech industry and higher education can tackle major challenges while bringing a new generation into the workforce.
The rising number of gun deaths in Texas has inspired a $3 billion industry of active shooter training, consultants, surveillance technologies and safety infrastructure. Some experts aren’t certain the touted strategies are effective.
Professional sports teams are on the move and they’re leaning on state and local officials to help them. Subsidies exceeding $1 billion per deal are on the table.
Downtowns were all the rage for most of this century. There’s still a market for density, but many people want it to be carefully managed.
The new project aimed to modernize accounting, hiring and employee review, but for many, the overhaul has just added unnecessary frustration. The last time Idaho overhauled its processes to this extent was in the 1980s.
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