Economic Development News
The latest trends, news and insights on economic development.
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...
Manufacturing Industry Leaders Applaud Trump’s ‘One Big Beautiful Bill’
Manufacturing leaders are praising President Donald Trump’s newly signed “One Big Beautiful Bill Act,” calling it a major win for U.S. industry. The sweeping tax and spending package, signed into law on July 4, extends key provisions from the 2017 tax law and adds new...
Republic National to Lay Off 1,756 As Firm Exits California
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....
Government Jobs Power U.S. Employment Growth for June
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...
Southern Dairy Eyes Jefferson County, NY as Site for New $250 Million Facility
Southern Dairy is eyeing a $250 million, 300,000-square-foot dairy processing plant on 40 acres near Watertown, potentially marking one of the largest private investments in Jefferson County, NY. The facility would source milk from regional farms to produce powders...
$4.5 Million Expansion Brings 15 New Jobs to AmbaFlex Canton, Ohio Plant
AmbaFlex Manufacturing, a spiral conveyor manufacturer, is planning a $4.5 million expansion of its equipment in Canton, Ohio, adding 15 jobs at its Raff Road SW facilities. Canton City Council approved a 10-year, $1 million tax break to support the project, tied to...
Survey: Warning Signs for Midwest Economy
According to a June survey of supply managers in Iowa and eight neighboring states, inflation is climbing while trade and manufacturing activity are declining across the Midwest. The region’s overall index dropped to 50.7, barely above growth neutral, with...
Southern California Job Growth Slows as Key Sectors Cut Staff
Southern California is up by 38,200 jobs in the 12 months, well below the typical annual growth of 101,300 since 2010. Healthcare, social assistance, government, private education, and hospitality added jobs, while manufacturing, construction, fast food, finance, food...
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