Project Labrador: Chevron Plans $5B Blue Hydrogen and Ammonia Plant in Texas
Chevron Corporation plans to invest $5 billion in building a blue hydrogen and ammonia plant in Port Arthur, Texas, with construction targeted to begin in 2027. The company is requested funding as part of the state’s federally-funded HyVelocity Hub and 45V clean...
Medicaid Cuts Could Cost Wyoming 192 Jobs a Year, Study Finds
A new nonpartisan study finds that recent federal Medicaid cuts could cost Wyoming 192 jobs per year and reduce household income by $73 million over five years. In contrast, expanding Medicaid could create 2,200 jobs and boost the state’s GDP by more than $300 million...
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....