Civic Development News and Data

Inflation expectations have returned to pre-tariff levels, according to a New York Fed survey, as fears of a sharp spike triggered by Trump’s trade policies ease. Respondents in June expected 12-month inflation at 3%, down from a peak of 3.6% in early spring and...

Intel will lay off 529 employees at its campuses in Hillsboro and Aloha, Oregon, as part of a broader effort to streamline operations and improve efficiency. The cuts affect engineers, technicians, and other roles, and follow earlier layoffs as Intel works to regain...

Turkish candy maker Kervan USA has broken ground on a new $20 million processing and packaging facility in Pennsylvania’s Lehigh Valley. The 90,000-square-foot plant will consolidate the packaging and distribution operations from New Jersey and is expected to create...

Swedish medical products maker Mölnlycke Health Care is expanding its Brunswick facility in a project worth nearly $135 million. The investment will boost local employment, increase production of wound care products, and strengthen the company's U.S. supply chain....

Small businesses across the U.S. are still grappling with a tough hiring environment, even as the national labor market shows signs of steady growth. A June survey by the National Federation of Independent Business Owners highlights ongoing challenges in finding...

Two financial services companies are creating a combined 750 high-paying jobs in Charlotte, North Carolina, through major investments in new regional hubs that could grow the state’s economy by nearly $4 billion. Citigroup Technology will invest $16.1 million to open...

Ti Cold and Karis Cold have started the construction of a $60 million cold storage facility for PermaCold Logistics in Darien, Georgia, expected to support 50 jobs in its first phase. Located at Tidewater Industrial Park, the facility will feature advanced cold...