Economic Development News
The latest trends, news and insights on economic development.
Cushman & Wakefield’s Q2 Industrial Market Snapshot: Market Holds Steady Amid Economic Uncertainty
According to a new study released by Cushman & Wakefield, the U.S. industrial market showed steady resilience in Q2, with 29.6 million square feet of national net industrial absorption and nearly 309 million square feet of new leasing year-to-date. Demand was...
King’s Hawaiian to Invest $54 Million in Georgia Expansion
King’s Hawaiian will invest $54 million to expand its Oakwood, Georgia facility, adding a new production line, and creating more than 135 new jobs by 2026. This marks King’s Hawaiian’s sixth expansion in Hall County, reflecting its long-standing commitment to local...
Trump’s Immigration Policies Projected to Slow U.S. Economy
The Trump administration’s immigration restrictions and expanded deportation efforts could reduce U.S. economic growth by up to 0.8 percentage points in 2025, according to a Federal Reserve Bank of Dallas study. Researchers found that the sharp drop in border...
Jobs and Growth Ahead as Pennsylvania Lands $90B in New AI-Energy Investments
More than $90 billion in private-sector investments were announced during the Pennsylvania Energy and Innovation Summit, signaling a new era of growth at the intersection of energy and AI for Pennsylvania. The projects will center on energy infrastructure, data...
Inflation Climbs in June as Tariff Effects Kick In
U.S. inflation rose to 2.7% in June, up from 2.4% in May, as the effects of Donald Trump’s tariffs began to ripple through consumer prices. Businesses had warned that the steep and wide-ranging tariffs would eventually drive up costs, especially on imported goods like...
Sumitomo Electric Investing $17 Million in Kentucky Expansion
Sumitomo Electric Wiring Systems will invest $17 million to expand its Simpson County facility, adding 76 full-time jobs and increasing production of electric wiring components for automobiles. The project will include new equipment, added warehousing, and enhanced...
Baltimore Waterfront Transformation: $3B Public-Private Partnership Developments
More than $3 billion is being invested in a 231.5-acre transformation of Baltimore’s historic waterfront, driven by major mixed-use projects like Harbor Point, Baltimore Peninsula, Rash Field Park, and Harborplace. Spearheaded by a coalition of developers including...
Port of NY/NJ Braces for Economic Fallout From August Tariffs
The Port of New York and New Jersey faces uncertainty as President Trump pushes new tariffs, including a 35% import tax on Canada, set to take effect August 1. While the impact on the port's 4,000 workers remains unclear, experts warn the site could be hit hard....
Appalachian Economic Agency Pushes Back on Deep Funding Cuts by Trump Administration
Appalachian leaders are urging Congress to reject a Trump administration proposal that would slash funding for its economic development agency, the Appalachian Regional Commission, by 93% in fiscal year 2026. More than 80 regional officials, institutions, and groups...
State Department Begins Layoffs of 1,300 Staff in Workforce Reorganization
The State Department has begun laying off over 1,300 staff as part of a Trump administration initiative to reduce the agency’s U.S. workforce by 15% and consolidate functions. The cuts, part of a broader reorganization plan, have drawn sharp criticism from Democrats...
Explore Our Metro Data Libraries
Explore our premium metro data libraries, including deals, contracts, financing documents, RFP libraries and our Who’s Who directories of top professionals. All for free.
Listen to Our Civic Development Podcast!
Dive into civic development with expert commentary on all areas of civic finance: infrastructure, affordable housing, economic development and more.
Newsletter
Sign up below to get weekly alerts for newly added datasets, news and more.
