34 Things Economic Developers Need to Know This Week
The stories Dane thinks you need to see. September 12, 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 34 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) Economic Development and Developers in the News # 165 - Econ dev news from 28 economic development executives and organizations in 12 states
2) 10,000 Baby Boomers are Retiring Every Day: What Does This Mean for Economic Development Business Attraction? - Traditional methods are no longer enough.
3) Podcast 139: From Tourism to Business Attraction - Podcasting in Economic Development with Adam Stoker - Podcasts: The New EDO Secret Weapon
4) 24 Things Economic Developers Need to Know This Week - The stories Dane thinks you need to see. September 5, 2024 edition.
5) GDP by US state and Canadian province:
6) China will soon lose the title of "world's manufacturer". What does this mean?
7) Single family home inventory change from August 2019 through today. (Red is bad, pink is good.):
8) Woah. This is big news: TSMC's Arizona achieved production yields at its Arizona facility on par with established plants in Taiwan, an early indicator that its marquee US project is on track to achieve its targets.
9) The NFIB Small Business Optimism Index registered a sharp decline in August. Note: The NFIB survey tends to be sensitive to election-related events in the US.
10) NFIB uncertainty has also increased:
11) More firms have been reporting slower sales and lowered sales expectations:
12) The NFIB earnings index hit its lowest level since the Great Financial Crisis:
13) The employment index is down, too:
14) On the other hand, more firms expect to boost CapEx:
15) Inflation-wise, August saw a significant drop in online grocery prices:
