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 22 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!
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1) Children, left behind by suburbia, need better community design: Walkable, mixed-use planning is the key to getting young people outside again and enabling their independence.
2) The fresh economic development strategy emerging in the Midwest: Instead of prioritizing tax breaks for new factories, some cities are trying to attract residents by promoting quality of life benefits.
3) Here come the robots: An autonomous excavator built a 20 foot wall by itself.
4) Why turkey, eggs and air travel just got cheaper: The long tail of greedflation may be subsiding, just as a federal jury cracks the longstanding egg cartel. Plus antitrust action on airlines and the turkey industry are likely delivering lower prices.
5) Freedom in the 50 states: The overall freedom ranking is a combination of personal and economic freedoms. Based on more than 230 state and local public policies.
6) Owners keep zombie malls alive even when towns want to pull the plug: Aging malls often take a long time to expire, but they can remain valuable assets.