Economic Development News

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...

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...

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...

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%...

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...

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...

Republic National Distributing Co., the nation’s second-largest alcohol wholesaler, is laying off 1,756 employees as it prepares to shut down operations across California by Sept. 2, affecting jobs in eight cities and spanning roles from warehouse staff to executives....

New data from the Bureau of Labor Statistics shows that public-sector jobs played a significant role in driving employment gains for the month. State and local government jobs accounted for nearly half of the 147,000 total nonfarm payroll gains this month. Government...