February 16, 2020

The Big Shift

A "tectonic shift in global supply chains" is now occurring, according to a new survey of analysts who cover more than 3,000 companies from Bank of America Securities. 

What's more, companies in about half of all global sectors in North America de...

February 9, 2020

What the Hell is Economic Development For?

Within days of the assassination of President John F. Kennedy, the new president, Lyndon B. Johnson, made an exceedingly risky decision to champion the stalled civil-rights bill.

When an adviser tried to persuade Johnson not to...

February 2, 2020

The Rocket City Rocks

I joked that the photo above was a "Chamber of Commerce" photo. Incredibly, I took it from my hotel room with my smartphone through the glass window no less. You're looking at Huntsville, Alabama, long known for its knowledged-based economy.

Redston...

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 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...

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