Civic Development News and Data
The latest local trends, news and insights on infrastructure, economic development, housing and economics.

U.S. Unemployment Claims Climb to 260,000
New unemployment claims in the U.S. rose to more than 260,000, the highest level in four years, according to Bureau of Labor Statistics data. The spike comes alongside downward revisions showing 911,000 fewer jobs were created in 2024 than initially reported, while...

Moody’s: Consumer Spending Gap Shapes U.S. Economic Growth
New data from Moody’s Analytics Chief Economist Mark Zandi shows a widening divide in U.S. consumer spending, with the top 20% of households driving economic growth while the bottom 80% have barely kept pace with inflation. The wealthiest households have outspent...

Pennsylvania’s Economy Sees Growth With $84 Billion Impact from Tourism Industry
Pennsylvania’s tourism industry generated nearly $84 billion in 2024, supporting more than 514,000 jobs and drawing over 201 million visitors, according to a new state report. Visitor spending reached $49.9 billion, with international travelers making up 4.2% of...

Georgia-Pacific Unveils $800M Alabama Mill Expansion
Georgia-Pacific will invest $800 million to modernize and expand its Alabama River Cellulose mill in Monroe County, making it the largest softwood pulp mill in the U.S. The project, set to run from late 2025 through 2027, will boost production capacity by about 300...

Eli Lilly Picks Virginia for $5 Billion Manufacturing Plant
Eli Lilly has chosen Goochland County, Virginia, as the site of a $5 billion manufacturing plant, the first of four new U.S. “mega sites” included in its $27 billion domestic investment plan. The facility will employ 650 people and focus on producing active...

The Perennial: $150M P3 Affordable Senior Housing Project Breaks Ground in Queens, NY
Construction has begun on The Perennial, a $150 million private-public redevelopment that will deliver 145 affordable senior housing units in Forest Hills, Queens. The team includes Foxy Development, Selfhelp Realty Group, architect Newman Design, structural engineer...

Atlanta Approves $860M Investment for 2,400 Affordable Housing Units
Atlanta Mayor Andre Dickens and Invest Atlanta announced board approvals that could create more than 2,400 affordable housing units across 10 of the city’s 12 council districts. The approvals include $860 million in capital investment through bond and inducement...

Student Housing Preleasing Hits 93.7% for 2025–2026 Academic Year
Preleasing in student housing reached 93.7% in August 2025, according to Yardi Matrix, marking a 200-basis-point gain from last year and signaling strong demand heading into the 2025–2026 academic year. Despite this momentum, rent growth is slowing nationwide, with...

Judge Blocks Hoboken, NJ Luxury Rentals Over Affordable Housing Law
A Hudson County judge has ordered three Hoboken luxury apartment buildings to stop leasing market-rate units until they comply with a city law requiring affordable housing. The ruling applies to the VINE, Park+Garden, and Artisan properties, which failed to provide...

Louisiana to Repair 62 Bridges in $100 Million Plan
The Louisiana Department of Transportation and Development has unveiled a $100.1 million plan to replace or rehabilitate 62 aging bridges through its Bridge Bundle program. The effort will be carried out in partnership with the newly created Office of Louisiana...
Explore Our Metro Data Libraries
Explore our premium metro data libraries, including deals, contracts, financing documents, RFP libraries and our Who’s Who directories of top professionals. All for free.