Civic Development News and Data

Minnesota Gov. Tim Walz will lead a Nov. 15–21 trade mission to Germany and Switzerland to strengthen economic ties and expand exports. The delegation will showcase the state’s medtech, manufacturing, agriculture, and higher education sectors at key stops in Berlin,...

Goldman Sachs warned the U.S. economy may slow further in the coming quarters, projecting final quarter GDP to be just 1.1% higher than at the same point in 2024 amid weak consumer spending, business uncertainty, and the impact of tariffs. The forecast follows July...

Vermaland, LLC announced plans for a $33 billion, 3,300-acre data center industrial park in Pinal County, Arizona, set to be the largest such development in the U.S. The project, capable of supporting up to 3 gigawatts of power capacity, aims to position the...

Becton, Dickinson and Company will spend over $35 million to expand its Columbus, Nebraska facility, creating approximately 50 new jobs. The investment will increase production of BD PosiFlush Prefilled Flush Syringes, widely used in hospitals for catheter care, by...

The U.S. services sector, which drives over two-thirds of the economy, barely grew in July 2025 as the ISM Services PMI slipped to 50.1%, signaling near-stagnation. Rising costs from tariffs, falling employment, and hiring freezes across industries like healthcare,...

Illinois companies have reported more than 1,200 job cuts set for August, according to state WARN notices. OSF HealthCare will cut 121 jobs in Champaign and Urbana, Compass Group USA will lay off 27 in Joliet, IG Design Group will close its Shorewood plant eliminating...

Wisconsin is providing up to $100 million in performance-based tax credits to support pharmaceutical giant Eli Lilly and Co.’s $4 billion manufacturing project in Bristol. The facility is expected to create 750 jobs and strengthen the state’s role in pharmaceutical....

General Matter will invest nearly $1.5 billion to build a uranium enrichment facility in McCracken County, creating 140 high-paying jobs and marking the largest economic development project in Western Kentucky’s history. The company has signed a lease with the U.S....

Goldman Sachs’ Jan Hatzius warns that an 8% drop in residential investment could weigh heavily on U.S. economic growth in the second half of 2025, citing affordability issues and slowing immigration. He and other economists, including Moody’s Mark Zandi, view housing...