Report Archives:
November 2005
First in a series
As the world watches in anguish the devastation of hurricanes on the Gulf Coast, we naturally seek to find ways to assist our fellow citizens with rebuilding their lives. As economic development practitioners, we are each reviewing our best playbooks for initiatives that have helped other distressed areas recreate themselves.
While stabilizing communities and re-establishing basic services will dominate government efforts in the short-term, officials will be faced with the daunting task of rebuilding a shattered economy. The Gulf Coast states must begin to create an environment that can once again service the needs of high impact employers and industries. Where do local and state government leaders begin, and what should these economic development efforts look like? AE will provide insight into these and other questions in upcoming newsletters.
Click here to read more about Rebuilding the Gulf Economy. You can also click here to read all of the editorials in the series on Rebuilding the Gulf Coast Economy.
October 2005
The Department of Homeland Security is a sprawling organization with 22 agencies and 180,000 employees. Existing organizations, such as the Coast Guard and FEMA, were placed under one department to improve communication and coordination. Since the majority of the Department's agencies existed previous to DHS's creation, economic development opportunities are less than might be expected. The research department is the exception to this rule. R&D departments from all 22 organizations are being combined, and the overall budget is increasing.
DHS is researching a wide variety of new products, many with commercial applications. As these technologies are developed, opportunities exist to attract the initial research, product development, and final production. Click here for a brief discussion of these trends and links to further information.
Attracting
Young Professionals to Your Community: Why? And How?
September 2005
The U.S. economy has drastically
changed over the past 20 years. Information and knowledge are replacing
capital and energy as the primary wealth-creating assets. This means that
a region’s economic strength will depend heavily on its ability
to attract, retain, and develop a human capital base that is skilled and
flexible. A slowing rate of workforce growth and an aging population means
young, educated professionals are in high demand.
Communities that lack the environment desired by young professionals are
at a competitive disadvantage, so economic development officials must
develop strategies to attract this valuable segment of the workforce.
Click here to learn more about
the needs of young professionals and strategies designed to recruit and
retain them.
Location
Decisions of BioConvergence Industries
August 2005
In June, AngelouEconomics provided you with a look at the "BioConvergence Industry" and the integration of bio- and information-technologies into the health care industry. In the current issue of Trade & Industry Development Magazine, AE's Chris Engle continues his exploration of BioConvergence and the location decisions of the industry.
Click here to read The Convergence of Health Care, Biotech, and Technology - and the Location Decisions Behind them, article 1 in a series of 2 featured in the Q2 2005 edition of Trade & Industry Development
Click here to read Location Decisions of BioConvergence Industries, article 2 in a series of 2 featured in the Q2 2005 edition of Trade & Industry Development
Retail
Site Selection: How Retailers Choose Your Community
July 2005
Major retailers are continuously looking for new opportunities to relocate in existing markets or expand into new markets due to relentless pressure from increased competition, evolving shopping patterns, and more sophisticated customer demands. These firms are always searching for improved and additional real estate. Communities seeking to expand their tax base with additional retail development need to understand retailers' approach to the site selection process. Click here to learn more about the retail site selection process and the four primary drivers that help determine a retail site's viability.
The
Bio-Convergence of health care, biotech, and technology - and the location
decisions behind them
June 2005
The continued integration of bio- and information-technologies into the health care industry will result in a significant shift in how new bio-based services and products are designed, manufactured, and delivered. These technologies now form a new global industry, one that is best described as the “BioConvergence Industry.” Click here to learn more about the industry.
The
Role of Performance Measurement in Economic Development
May 2005
Some people look at economic development as if it were the lottery: tossing a bundle of money in the hope of the big payoff. But it's not. Truly effective economic development comes about from a community's commitment, a well-thought out plan, and a significant investment in time, staff, and money. With so much on the line, it makes sense that communities should expect results from their economic development efforts. But how do you measure success?
Click here to learn more about the role of performance measurement in economic development, and how you can measure the success of your economic development efforts.
EDITORIAL
- Get Your Creative Juices Flowing: My Top 10 Cities to Start an
Entrepreneurial Venture
April 2005
Calling all entrepreneurs and wannabes. AngelouEconomics has prepared a top 10 list of cities to start an entrepreneurial venture. Click here to learn more about the communities you need to check-out for the launch of your next big idea. This editorial article is sure to generate some smiles, as well as thoughtful consideration.
Top
10 Winning ED Web sites and Tips for Getting There
February 2005
Before engaging in any other marketing activity, an economic development organization must invest in developing a winning Web site. Web sites are often the first impression of a community to outsiders and the first filter used in the site selection process. Its appearance, design, and content should be targeted and carefully managed.
In November, AngelouEconomics scored more than 50 economic development web sites to form our top 10 list of best all around web sites. Click here to learn more about the scoring process and the winning web sites.
December 2004
After two years of poor economic performance and months of election wrangling over the loss of jobs during Bush’s first term, all eyes are now on Alan Greenspan as he navigates the slow return of growth and stability to the U.S. economy. Most indicators show substantial improvement over last year, but the slow pace of recovery has made many economists and observers disappointed. Big-issue concerns prevent us from getting too optimistic about our return to high growth. Outsourcing’s effect on future job growth, continued offshoring of traditional manufacturing, and rising energy prices have put a damper on forecasts.
Click here to read the complete U.S. Economic Update.
The
Future of White-Collar Offshoring
The jobs and cities that will be most heavily affected by offshoring
October 2004
There is a growing concern among American workers that the economy is being hollowed-out by a new form of offshoring. American firms have begun to employ foreign workers or subcontractors for a wider variety of white-collar and service sector jobs. This article does not intend to deal with whether American companies sending jobs overseas is good policy as the arguments are well defined. Rather, we dispel the rhetoric from reality and describe how offshoring will affect the American economy and local economic development.
The
Cluster Effect of the 90s Boom
2001
This research reviews the impact of high-growth clusters on regions in the U.S. that enjoyed high growth rates throughout the 1990s.
2001
This article discusses how Austin, Texas became a top global location
for technology companies.
Texas
Business Climate: Taxes, Technology and Trends
1997
Read the Texas Business Climate Executive Summary online.
©2008 AngelouEconomics Inc. Global Economic Development, Site Selection and Economic Analysis.
