January 26, 2020

Is College a Good Investment?

A college degree, even with the debt that comes with it, is worth it, according to conventional thinking. Those with a bachelor’s degree on average earn over $1 million more than high school graduates make during their working lives, accord...

January 19, 2020

Photo by Roberto Nickson on Unsplash

More Are Doing It

Here's something that economic developers are going to have to wrap their heads around -- more people are working from home.

St. Louis Fed researchers found that more than 3 percent of American employees primarily wor...

January 12, 2020

A Tougher Proposition

There was a time not so long ago when moving to a different town for a new job opportunity was fairly common. That time -- when most households had one primary earner -- is no longer.

The reason: Most households today rely on two incomes and relocat...

January 5, 2020

The Big Differentiator

Yes, a community needs real estate "product" to compete for capital investment. It also needs supporting infrastructure. But the most important thing, that which differentiates a community from other places, is talent.

Human resources trumps all el...

December 23, 2019

Panama Rising

Slow growth and economic instability has characterized much if not most of Latin America.

"Latin America is sinking. In the grand scheme of things, it’s become irrelevant," writes Steve Hanke, a professor of applied economics at The Johns Hopkins University...

December 17, 2019

Dare to Be Bold

Helping communities become "better" places for business and companies find "better" places for business is central to our BBA consultancy. But better is always tethered to the competition, which is limiting.

The idea of offering a better product or servic...

December 8, 2019

A Story to Remember

The best stories are the ones we remember. And we remember stories because it helps us make sense of the world. Here's a story that I heard last week while attending Consultant Connect's ECONOMIX 2019 in Charleston, S.C.

In 1995, the federal gove...

December 1, 2019

The Low Wage Workers 

On the face of it, the economy seems to be doing pretty well, with unemployment rates near or at record lows.

But that's far from the full story. The truth is there exists a huge segment of workers today who are earning low wages that leaves them an...

November 24, 2019

A New Urban Crisis?

Yes, Virginia, there is good life in small-town America.

It's true that 25 metros account for more than half the country's economy. But a recent report by the economic analysis firm Emsi shows there is life beyond the superstar coastal metros. 

Much of...

November 17, 2019

OK Boomer Boards

There is a growing realization among economic developers that their boards of directors should better reflect their community's workforce and population.

When I go to an economic development website and it features photos of board members, sometimes to t...

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