15 Things Economic Developers Need to Know This Week

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.

Learn More

1) Roughly one in 37 homes are now considered seriously underwater in the US and that share is much higher across a swath of southern states:

2) Long read: How to build a $20 billion semiconductor fab.

3) US households have run out of excess savings:

Or maybe not. Much depends on the assumptions about the pre-COVID trend.

4) Wholesale used car prices continue to fall:

5) Compensation growth in government and private sectors:

6) Great time to be a Millennial. Not so for Gen Xers though:

7) Trends in herds and crops in the US:

The Econ Dev Show is also brought to you by Dane's other project: Sitehunt.

Sitehunt is the AI-enhanced platform for building a comprehensive economic development buildings and sites database FAST!

Request a Demo

8) The jobs report was disappointing last month partly because local governments didn’t hire:

9) More women aged 25 to 54 are working than ever before:

10) The changing demographics of business ownership:

11) A look at tipping behavior for poor service in various countries. Americans tip even for for bad service:

12) Economic Development and Developers in the News # 150 - Econ dev news from 95 economic development executives and organizations in 24 states.

13) Podcast Episode # 127: Entrepreneurship-Led Economic Development: A Conversation with Rob Williams of SourceLink - Lessons on turning ideas into impact.

14) 22 New Econ Dev Show Jobs This Week - 22 new jobs from $36k - $194

15) 18 Things Economic Developers Need to Know This Week - The stories Dane thinks you need to see. May 2, 2024 edition.