DATA: Homeownership Rate, Top 75 Metros (4Q 2022 Release)
CivMetrics collects key housing data for the largest cities in the United States. In this post, we look at new data on homeownership rates in large US cities. For questions about our data, or to request data, please contact EBallantine@CivMetrics.com. Data is from...
Moody’s: Ports Outlook Positive; Unaffected by Russia, Ukraine War
The Russia-Ukraine war may have rattled the global economy and supply chain, but Moody's asserted that the crisis did not spill over into sea ports as things continue to remain positive for the sector. Summarizing the analysis of Moody's reaffirming its positive...
DATA: GDP Growth in Every Metro Area (Dec 2022 Release)
CivMetrics collects key economic data for all 50 U.S. states. In this post, we look at the latest GDP figures by MSA. For questions about our data, or to request data, please contact EBallantine@CivMetrics.com. Data is from the Bureau of Economic Analysis,...
Latest News
$375 Million Earmarked for Transportation Projects in Massachusetts in Latest Bill
Massachusetts municipalities are set to receive a boost of $375 in funding after Gov. Maura Healey signed the Chapter 90 conference committee bill. This amount will be used to finance various infrastructure and transit projects, with $200 million of the total funding...
Pennsylvania Allocates $400 Million for Organizations That Will Provide Training for Infrastructure Repair
As Pennsylvania takes a proactive step in building a stronger workforce, Gov. Josh Shapiro has recently signed an executive order that will funnel $400 million in federal funding towards organizations that will provide on-the-job training for new infrastructure...
Minnesota Gov. Tim Walz Approves $2.6 Billion Infrastructure Package, Largest in State’s History
In a momentous feat for Minnesotans, Gov. Tim Walz has recently signed a $2.6 billion infrastructure bill, which is tagged by the administration as the largest state investment in history. The funding will be allocated towards transportation infrastructure...
Tennessee Awards $300 Million in Grants for Water Infrastructure Projects
The Tennessee Department of Environment and Conservation recently announced that it has awarded 131 grants worth $299,228,167 through the American Rescue Plan fund. These grants are composed of 29 collaborative grants and 102 non-collaborative grants and will be used...
Minnesota Legislature Approves $195 Million in Funding for the Proposed Northern Light Express Rail Service
Minnesota inches closer to seeing the materialization of the Northern Light Express (NLX) passenger rail project as the legislature approves a transportation bill that will allocate $195 million in funding for the project. This project is a higher-speed rail that...
Texas Allocates $33 Million for Water Infrastructure Development
Four water infrastructure projects will receive a cut from the recently announced $33,370,000 in funding rolled out by the Texas Water Development Board. The approved funding was made through the Clean Water State Revolving Fund and the Economically Distressed Areas...
Commerce Department Allocates $930 Million to Boost the Internet Connectivity in 35 States
With the goal of eliminating the digital divide in America, the National Telecommunications and Information Administration unveiled that $930 million will be invested towards improving internet connectivity in the country through the Middle Mile Infrastructure...
Companies of Every Type and Size Can Participate In Upcoming Public-Private Partnership Engagements
Public-private partnership (P3) engagements are continually becoming more common and that is because of two basic reasons. First, significant amounts of funding are required – but rarely available – for large and complex projects that carry multi-million-dollar...
Tennessee Bolsters Economic Development Efforts with $65 million Earmarked for Site Acquisition and Development
Tennessee is setting its sights on economic growth as it earmarked $65 million for site readiness in the state's proposed budget for the next fiscal year. Of the said amount, $20.5 million is set aside to buy and invest in the "Middle Tennessee I-24 Industrial Site"...
Kansas: $50 Million in Grants Awarded for Economic Development Projects
Governor Laura Kelly announced the thirty-eight recipients of $50 Million in grants which were selected from the second round of Building a Stronger Economy economic development grant program. The money will be used to accelerate economic development projects that...
CivMetrics