Bill Seeks to Unlock Economic Development Along California High-Speed Rail
California Senate Bill 545, which calls for a study on the economic opportunities of the state’s high-speed rail project, is advancing to the Assembly after clearing the Local Government Committee. The study will examine land values, development incentives, and...
ADP: U.S. Private Payrolls Rise 104K in July
Private payrolls climbed by 104,000 in July, topping expectations and rebounding from a 23,000 job loss in June. Leisure and hospitality led hiring with 46,000 new jobs, while financial activities, trade, transportation and utilities, and construction also posted...
Mars to Invest Additional $2 Billion in U.S. Manufacturing
Mars Inc. will invest an additional $2 billion in its U.S. manufacturing operations by the end of 2026, reinforcing its commitment to domestic production. The investment includes a new $240 million, 339,000-square-foot Nature’s Bakery facility in Salt Lake City, Utah,...
L3Harris to Invest $500M in Arkansas Rocket Motor Campus
L3Harris Technologies is investing nearly $500 million to expand its solid rocket motor manufacturing campus in Camden, Arkansas, which will add over 130,000 square feet of space and create 50 jobs. The upgraded campus, operated through its Aerojet Rocketdyne...
Oklahoma Sees $16.92B in Tax Revenue, Receives AA+ S&P Rating
Oklahoma is showcasing strong economic momentum, with tax revenues reaching $16.92 billion over the past year and unemployment holding at a low 3.1%. Governor Kevin Stitt credits the state’s fiscal discipline for this sustained growth. Credit agencies have taken...
California Tops Nation in Key Sectors from AI to Agriculture
California continues to strengthen its position as an economic powerhouse, leading the nation in innovation, AI readiness, and business growth. A state report highlights that eight California cities rank among the 25 fastest-growing in B2B trade since January 2025,...
Referendum Threatens $30 Minimum Wage for L.A. Workers
A referendum seeking to overturn Los Angeles' Olympic Wage Ordinance has gathered enough signatures to move forward, prompting a verification process by county officials. The ordinance, which would raise wages for hotel and...
Ultium Cells Launches $2.3 Billion Upgrade at Tennessee Battery Plant
Ultium Cells, a joint venture of GM and LG Energy Solution, is launching a $2.3 billion overhaul of its battery cell plant in Spring Hill, Tennessee. The project will convert existing lines to produce lower-cost lithium iron phosphate (LFP) battery cells by late 2027....
Logistix to Build $10 Billion Data Center in Frankfort, Indiana
Logistix has filed a petition to rezone 833 acres in Clinton County to bring a massive $10 billion data center to Frankfort, Indiana. If approved, the project could span over 7 million square feet and operate at more than 300 megawatts. The project promises up to 350...
Cooling Housing Market Raises Red Flags for U.S. Economy, Says Moody’s
Falling home prices in over a third of major U.S. metro areas are raising fresh concerns about the housing sector’s role in economic growth. With home values down in cities like Austin, Tampa, and Miami, and rising mortgage rates and inventory, economists warn of...