March 15, 2020

This is a special edition of BBA Economic Digest, because I believe it is warranted due to the COVID-19 pandemic.

The coronavirus outbreak already has affected our daily lives and the U.S. economy and will for some time to come. How long, we are not certain.

Scientists b...

March 8, 2020

To Have a Fighting Chance

As an economic development consultant, I work in places that frankly need me. It's typically not in booming metros like Dallas, where I live. Rather, it's places that are struggling just to remain relevant in this digital age.

The digitization o...

March 1, 2020

When Population Loss Occurs

It's no great surprise to most economic developers that businesses growth has largely been concentrated in big metro areas since the Great Recession, while many rural areas have experienced a substantial loss of businesses in the past decade.

...

February 23, 2020

Why Regionalism

Scale matters, which is why regionalism in economic development matters. If you are essentially selling a bigger universe, you will have more assets to tout, more of a story to tell.

In competing for talent, export markets, and foreign direct investment,...

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...

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