Economic Development News

U.S. manufacturing showed modest improvement in June, driven by stronger production and inventory activity despite continued weakness in demand and tariff-related uncertainty. The ISM’s Purchasing Managers’ Index rose to 49%, while production rose to 50.3% for the...

Tyson Foods is investing $23.5 million to expand and modernize its Robards, Kentucky facility, helping retain over 1,100 full-time jobs. The project will increase production capacity, expand product lines, and is set for completion by spring 2026. Supported by state...

Lactalis USA, a world leader in dairy products, is investing over $75 million to expand and modernize its Walton and Buffalo dairy facilities. The upgrades will retain over 800 jobs, create more than 50 new ones, and boost production of popular products like Galbani...

Alaska’s minimum wage will rise from $11.91 to $13 per hour on July 1, with further increases to $15 by 2027, along with new mandatory paid sick leave, following voter approval of Ballot Measure 1. Supporters say the measure will boost local spending and improve...

According to a recent report of Pioneer Institute, Massachusetts’ economic growth has slowed significantly since 2020, especially in its once-leading professional, scientific, and technical services sector. While the state still ranks second in real Gross State...

Minimum wage laws vary widely across the U.S., and businesses with employees in multiple states must navigate a patchwork of rates and rules. As of 2025, the federal minimum wage remains unchanged at $7.25 per hour, which hasn’t increased since 2009. Washington, D.C....

With a $3 million performance-based grant support from from the Michigan Strategic Fund, TORC Robotics is investing $5.6 million in a new facility in Ann Arbor Township, bringing up to 500 high-wage jobs to Michigan. The facility will focus on developing autonomous...

Nashville construction workers are speaking out about wage theft on major projects as the city’s construction industry boom continues. Labor advocates allege wage theft on major projects like the Pinnacle Venue and several Chartwell Residential sites, totaling tens of...