Civic Development News and Data

JPMorgan CEO Jamie Dimon warned that the U.S. economy is weakening after revised payroll data showed 911,000 fewer jobs were added in the year through March than previously estimated. The downgrade underscores signs of a slowing labor market, with just 22,000 jobs...

Hood Industries will invest $245 million to build a new advanced sawmill in Waynesboro, Mississippi, next to its existing facility. The expansion, supported by state and local incentives, includes road and infrastructure improvements and is expected to be completed by...

The Bank of Nova Scotia (Scotiabank), will establish a major regional office in Dallas, bringing more than 1,020 new jobs and $60 million in investment to Texas. The move strengthens the bank’s U.S. presence and underscores Dallas’s growing role as a financial...

JPMorgan Chase, Italian luxury retailer YNAP, and biotech firm BioReference Health are collectively cutting nearly 200 jobs in North Jersey this fall, state filings show. The cuts include 58 layoffs at JPMorgan in Jersey City, 68 at YNAP, and 69 at BioReference in...

Hawaii’s economy is projected to grow 1.3% in 2025, with gradual improvement expected through 2028, according to the state’s Department of Business, Economic Development and Tourism. Growth will be driven by construction, health care, and professional services, though...

The Bureau of Labor Statistics slashed U.S. job growth estimates by 911,000 from April 2024 to March 2025, signaling much weaker hiring than first reported. Recent data show the labor market nearly at a standstill, with just 22,000 jobs added in August and an...

From West Baton Rouge to St. Landry Parish, two new projects are fueling Louisiana’s manufacturing scene. South Korea-based SNT Motiv and SNT Energy will build their first U.S. consolidated manufacturing facility in West Baton Rouge Parish. The $59.4 million project...

Red Bull, Rauch North America, and Ball Corporation have broken ground on a $1.5 billion beverage hub in Concord, North Carolina. Called The Grounds at Concord, the 500-acre site will house drink-filling, shipping, and can-making operations, with production expected...

Wholesale prices unexpectedly fell 0.1% in August, signaling easing inflation pressures and boosting expectations for a Federal Reserve interest rate cut this month, according to a Bureau of Labor Statistics report. Core PPI, which excludes food and energy, also...