15 Things Economic Developers Need to Know This Week
The stories Dane thinks you need to see. May 16, 2024 edition.
Welcome to this week's issue of What Economic Developers Need to Know This Week, where we explore the evolving dynamics of our economy.
This week we have 15 tools, stories, graphics, charts, and videos that I think you'll find informative, useful, inspiring, and perhaps even humorous. Some are economic development related directly, and some only indirectly. 🤔
If you're wondering what to do with the info in this newsletter, send something to your board members. It will make you look good!
Today's email is brought to you by Resource Development Group
RDG offers customized economic development fundraising solutions for Chambers of Commerce and Economic Development Organizations.
They are a small team with over 125 years of combined economic development fundraising experience and over $2 billion, yes, a Billion with a B, in funds raised for communities just like yours.
Every community is different. Atlanta, GA, is not Peoria, IL. Don’t use another city’s fundraising playbook, and expect the same results! A small market requires a different economic development fundraising strategy from a larger market.
RDG's experts thrive in providing customized economic development fundraising solutions for every situation. So whether you’re a startup organization or on your third funding cycle, they have the team and experience to get you the results you’re looking for.
1) The #1 skill for the future? Staying focused and not getting sidetracked.
2) Last month, the Pomona College economist Gary N. Smith calculated that the number of tenured and tenure-track professors at his school declined from 1990 to 2022, while the number of administrators nearly sextupled in that period.
3) Social trust around the world differs by age, education:
4) US wholesale durable goods are piling up faster than they're being sold.
The Econ Dev Show is proudly presented by Dane Carlson's innovative project: Sitehunt.
Does your economic development website need a directory of your buildings and sites? That's literally 1% of what Sitehunt does.
Discover Sitehunt: The Future of Economic Development
Sitehunt is an AI-enhanced platform designed to build comprehensive economic development property databases, enabling hyper-efficient RFI responses. At a fraction of the cost of other property mapping solutions, Sitehunt empowers you to:
- Streamline Your Processes: Automate and enhance your property data management.
- Boost Your Efficiency: Respond to RFIs faster with accurate and detailed information.
- Maximize Your Budget: Affordable solutions for communities of all sizes.
Plus, it has AI.
Transform your economic development efforts with Sitehunt. Explore the platform today!
5) US spending on Social Security, Medicare, and defense over time:
6) Jobless claims went up last week, causing worries about job market troubles.
7) Robots in manufacturing: