Civic Development News and Data
The latest local trends, news and insights on infrastructure, economic development, housing and economics.
Trump Announces 50% Copper Tariff
President Donald Trump announced a 50% tariff on copper imports and signaled more steep tariffs are coming, including a potential 200% duty on pharmaceutical imports. The copper tariff announcement caused prices to spike, with copper posting its biggest one-day gain...
California Law Loosens Environmental Rules to Attract Chipmakers
California has passed a new law allowing chipmakers and other advanced manufacturers to build in industrial zones without undergoing environmental reviews under the California Environmental Quality Act. The measure, aimed at speeding up construction and lowering...
June Survey: Hiring Woes Persist for Small Businesses
Small businesses across the U.S. are still grappling with a tough hiring environment, even as the national labor market shows signs of steady growth. A June survey by the National Federation of Independent Business Owners highlights ongoing challenges in finding...
Citigroup, AssetMark to Create 750 Jobs in Charlotte, North Carolina with $26 Million Investment
Two financial services companies are creating a combined 750 high-paying jobs in Charlotte, North Carolina, through major investments in new regional hubs that could grow the state’s economy by nearly $4 billion. Citigroup Technology will invest $16.1 million to open...
$60 Million Cold Storage Facility Breaks Ground in McIntosh County
Ti Cold and Karis Cold have started the construction of a $60 million cold storage facility for PermaCold Logistics in Darien, Georgia, expected to support 50 jobs in its first phase. Located at Tidewater Industrial Park, the facility will feature advanced cold...
Tourism Collapse: U.S. Tourism Set to Lose $29 Billion in 2025
The U.S. is projected to be the only country to see a drop in international tourism spending in 2025, with losses estimated between $25 billion to $29 billion. Revised forecasts show an 8.2% decline in inbound travel, down sharply from earlier expectations of 9%...
Court Ruling Opens Door to Massive Federal Job Cuts
The U.S. Supreme Court has cleared the way for Donald Trump to move forward with plans to drastically reduce the federal workforce, reinstating a controversial executive order from February 2025. The ruling grants the executive branch expanded authority to reassign or...
Seven Rural Projects Win $3 Million State Funding in Nevada
Nevada has awarded $3,071,498 in Community Development Block Grant funds to support seven rural projects across the state. The grants will fund infrastructure upgrades, public facilities, and revitalization efforts in communities. State officials say the investments...
Houston’s Astrodome Redevelopment Plan Projects $1.5 Billion Economic Impact and Creation of 3,750 Jobs
A bold new plan to redevelop Houston’s iconic Astrodome into a mixed-use arena and entertainment complex could generate $1.5 billion in economic impact over 30 years and create 3,750 permanent jobs, according to a new analysis. The $840 million project, would include...
Rock Solid Secures $29.5M Construction Loan for Luxury Senior Living in NJ
Rock Solid Builders has secured a $29.5 million construction loan from Kearny Bank to develop an 85-unit, luxury senior rental project in Nutley, New Jersey. Slated for completion in spring 2027, the Soho Park Residences will offer upscale amenities for renters 55 and...
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