areadevelopment + economic-analysis   188

Useful Stats: Distribution of R&D performance by state - SSTI
Nearly three-quarters of all research and development was performed by the private sector in fiscal year 2016, though this share differed greatly across the states, according to an SSTI analysis of recently released data from the National Science Foundation’s National Center for Science and Engineering Statistics (NSF NCSES). Delaware showed the greatest concentration of business R&D (90.5 percent of all R&D in the state), while Tennessee had the most diversified R&D portfolio with a roughly even distribution of R&D performed by businesses, higher education and federally funded R&D centers (FFRDC’s). The interactive chart below shows the breakdown of performers of research and development for each state.
research&development  state-rankings  economic-analysis  Around-the-web  this-week-450 
13 days ago by areadevelopment
Two Tacos and a B.A., Please - WSJ
Three economists—from Northeastern University, Harvard and the Federal Reserve Bank of Boston—examined data for 36 million online job postings between 2007 and 2012. At the beginning of this period, roughly 13% of postings said that job candidates needed a bachelor’s degree, and 8% required four years of experience. By 2010 the figures were 22% and 14%.
economic-analysis  economic-indicator-reports-analysis  skills-gap  labor  Around-the-web  unemployment-statistics  this-week-449 
23 days ago by areadevelopment
Next big cities for innovation, entrepreneurs: AOL co-founder Steve Case - Fox Business
AOL co-founder and former CEO Opens a New Window. Steve Case said the free enterprise cluster is highly concentrated on the West Coast and should be leveraged across the United States.
innovation-hubs  industry-clusters  Around-the-web  this-week-448  economic-analysis  government-policy  this-week-448-new 
6 weeks ago by areadevelopment
Recession fears seem overblown according to January's 'scorching' jobs and manufacturing data - CNBC
January's super strong jobs report and a solid manufacturing survey on Friday showed that recession worries may be overblown and slowdown fears are not impacting corporate hiring or dampening manufacturers' sentiment.
this-week-448  Around-the-web  Matt  manufacturing  jobs  economic-analysis  economy 
6 weeks ago by areadevelopment
Opportunity Industries - Brookings
Exploring the industries that concentrate good and promising jobs in metropolitan America
Metros  economic-analysis  Around-the-web  this-week-445 
11 weeks ago by areadevelopment
How Shifting Costs Are Altering the Math of Global Manufacturing - BCG
A less-noticed change in the global business environment also has important implications for where the world’s goods are produced: a significant shift in the relative cost competitiveness of the world’s leading manufacturing economies.
business-globalization  manufacturing  economic-analysis  cost-of-doing-business  Around-the-web  this-week-446-top 
december 2018 by areadevelopment
Aluminum Tariff Is a Boon Even If Beer Costs More, Report Says - IndustryWeek
The research argues that tariffs imposed on aluminum and steel have led to increases in U.S. employment, production and investment...The Beer Institute, a trade association for the American brewing industry, called tariffs on aluminum a “tax on beer,” saying that cans make up more than 11% of the manufacturing cost in the U.S.
tariffs  u.s.-manufacturing  steel-industry  beverage-industry  trade-policy  government-policy  industry-organizations  economic-analysis  Around-the-web  this-week-444  insider-12-17-2018 
december 2018 by areadevelopment
Economic impact of the midterm elections - Deloitte Insights
Democratic control of the House makes big new legislation unlikely, but there could be continued movement on trade
economic-analysis  elections  government-policy  trade-policy  Around-the-web  this-week-441 
november 2018 by areadevelopment
Where will online orders get fulfilled? The changing local geography of e-commerce - Brookings
As the brick-to-bits transition continues, it’s not enough to just count job and output changes. It’s equally important to know where e-commerce jobs are emerging, especially as it relates to more traditional retail locations. This matters for at least a few reasons...
Around-the-web  e-commmerce  logistics-center  fulfillment-center  supply-chain  warehousing  economic-analysis  this-week-436-top 
september 2018 by areadevelopment
US Economic Forecast Q3 2018 - Deloitte Insights
New tariffs have economists revisiting their old textbooks—and are leaving companies uncertain whether to begin rebuilding their supply chains. Our forecast sees a higher possibility of recession—though it’s still unlikely.
economic-forecast  economic-analysis  Around-the-web  this-week-436 
september 2018 by areadevelopment
Introducing Regional Underemployment - Chmura
The unemployment rate in the United States is at historically low levels, coming in at 3.9% for July 2018, with many observers suggesting the nation is now at full employment. Despite the low unemployment rate, some questions remain about the state of the workforce. For example, one question is “how is the employment being utilized?” Or to put it another way, just because people have jobs right now, does that mean they have good jobs? One way to measure employment utilization is to look at the underemployment rate.
labor  underemployment  demographics  Around-the-web  economic-analysis  regional-reports  skills-gap  this-week-435  insider-9-10-2018 
august 2018 by areadevelopment
States’ fiscal picture improves with growing economy - SSTI
The ability of states to deliver the services promised to its residents relies on their fiscal soundness. With most states beginning their fiscal year in July, SSTI has reviewed the current fiscal standing for each state and here presents a snapshot of our findings.
economic-analysis  state-rankings  Around-the-web  this-week-434 
august 2018 by areadevelopment
Why the U.S. Needs More Worker-Owned Companies - HBR
The gap in wealth in the United States between the ultrawealthy and everyone else has reached its widest point in decades. One way to narrow the divide is through the use of worker buyouts, in which ownership of a company transfers from a single person or a small number of people to the workers of the company.
economic-analysis  standard-of-living  quality-of-life  Around-the-web  workforce-development  this-week-434 
august 2018 by areadevelopment
Here's How America Uses Its Land - Bloomberg
There are many statistical measures that show how productive the U.S. is. Its economy is the largest in the world and grew at a rate of 4.1 percent last quarter, its fastest pace since 2014. The unemployment rate is near the lowest mark in a half century.

What can be harder to decipher is how Americans use their land to create wealth. The 48 contiguous states alone are a 1.9 billion-acre jigsaw puzzle of cities, farms, forests and pastures that Americans use to feed themselves, power their economy and extract value for business and pleasure.
this-week-432  Around-the-web  economic-analysis  economic-indicator-reports  demographics  maps  land-use 
august 2018 by areadevelopment
One County Thrives. The Next One Over Struggles. Economists Take Note - The New York Times
The gap between places doing well and those that aren’t is widening, and that’s a challenge for people trying to shape national policy.
this-week-340  Around-the-web  Matt  economic-development  jobs  economic-analysis 
july 2018 by areadevelopment
Why many Americans aren't benefiting from robust US economy - MSN
Steady hiring has shrunk unemployment to 3.8 percent — the lowest since the 1960's. Consumers are spending. Taxes are down. Inflation is tame. Factories are busy. Demand for homes is strong. Household wealth is up.
this-week-429  Around-the-web  Matt  economic-analysis 
june 2018 by areadevelopment
Decoding the fall in manufacturing capacity utilization - Deloitte Insights
MANY of us know that fewer and fewer people work in manufacturing in the United States these days. But not many people know that US manufacturers aren’t using their factories and machines as intensively as they used to. Over the past 40 years, actual manufacturing output as a percentage of maximum manufacturing capacity—what economists call “capacity utilization”—has fallen almost 10 percentage points.
economic-analysis  u.s.-manufacturing  Around-the-web  this-week-427 
june 2018 by areadevelopment
California Must Be Doing Something Right in Trump’s America - Bloomberg
Just about every policy Donald Trump imposes to make his America great is opposed by the world's fifth-largest economy. That would be California, which is growing faster and outperforming the U.S. in job growth, manufacturing, personal income, corporate profits and the total return of its bonds.
california  economic-analysis  government-policy  regional-reports  this-week-426  Around-the-web  leading-locations  sfp-insider-7-13-2018 
may 2018 by areadevelopment
How Exposed Is Your State to Trade Tensions? - Route Fifty
Implementation of U.S.-China tariffs or withdrawal from the North American Free Trade Agreement would have bigger economic effects on some states compared to the more limited impacts of other recent trade decisions, a new Moody’s Investors Service report found.
NAFTA  free-trade-agreements  tariffs  economic-analysis  Around-the-web  this-week-426 
may 2018 by areadevelopment
Why Caterpillar can't keep up with a boom in demand - Reuters
But meeting that boom in demand at the world’s largest heavy equipment manufacturer is a challenge, in part because of Caterpillar suppliers like Steve Kirsh.

Years of watching Caterpillar and other big manufacturers cut inventories, close plants and axe workers in the last downturn has embedded caution in Kirsh’s ambition to expand after the surge in orders, reflecting a more fundamental shift in how many industrial businesses view expansions, according to interviews with Caterpillar executives, more than a half-dozen Caterpillar suppliers and U.S. economic data.
parts-suppliers  supply-chain  economic-analysis  Caterpillar  industrial-equipment  Around-the-web  this-week-426 
may 2018 by areadevelopment
Trade uncertainty may be sapping business investment, says Atlanta Fed's Bostic - CNBC
Uncertainty over President Donald Trump's trade policies is the "most obvious risk" facing the U.S. economy and may be prompting businesses to hold back on investment, Atlanta Fed President Raphael Bostic said.
economic-analysis  economic-indicator-reports  government-policy  tariffs  free-trade-agreements  this-week-425  sfp-insider-5-18-2018  Around-the-web 
may 2018 by areadevelopment
Manufacturers and tax reform: Seize the opportunities - Industrial Insights - PwC
The new tax bill is a game changer for manufacturers. For years, they have focused on cost containment to maintain profitability. But with lower tax rates, easier access to foreign cash, and favorable expensing provisions for buyers, manufacturers can think more about how to grow their business and prepare for the future.
u.s.-manufacturing  corporate-tax-reform  Around-the-web  economic-analysis  this-week-424  sfp-insider-5-18-2018  insider-12-17-2018 
may 2018 by areadevelopment
What's the impact of aluminum and steel tarrifs? JLL
How will the recently announced tariffs on raw steel and aluminum impact U.S. industrial real estate and trade? JLL's global trade expert and Chief Strategist of Ports, Airports and Global Infrastructure, Dr. Walter Kemmsies, takes on the tough questions surrounding today's global economy.​
logistics  infrastructure  economic-analysis  trade-agreements  government-policy  aluminum-industry  steel-industry  tariffs  Around-the-web  this-week-422  sfp-insider-5-18-2018 
april 2018 by areadevelopment
Looking ahead for the Twin Ports - Federal Reserve Bank of Minneapolis
District Spotlight: Outreach visit to Duluth-Superior shows a region trying to find a complement—not a replacement—for its high-value legacy industries
economic-analysis  regional-reports  midwest  minnesota  Michigan  Around-the-web  this-week-421 
april 2018 by areadevelopment
Exploring the Labor Market in Amazon HQ2 Finalist Cities - Chmura
While there are twenty finalist “cities” selected by Amazon, here we are looking at the larger metro regions associated with each finalist, and only those in the United States. Because Toronto is not in the United States and five other finalists are within two metro areas (Newark and New York City in the NYC Metro area; Washington DC, Montgomery County, MD, and Northern Virginia in the Washington DC Metro area), we are left with sixteen distinct metro areas for our analysis: 
amazon  HQ2  Metros  leading-locations  economic-indicator-reports-analysis  economic-analysis  Around-the-web  workforce  this-week-421  sfp-insider-7-13-2018 
april 2018 by areadevelopment
Automation and American Leadership by Robert Skidelsky - Project Syndicate
In an era of rapid technological change, it is widely assumed that disruptions to labor markets are inevitable – and positive – indicators of a country's international competitiveness. But should policymakers really use the economy to advance national power at the expense of the many people and regions left behind?
industry4.0  competitiveness  jobs  economic-analysis  business-globalization  government-policy  Around-the-web  this-week-421  sfp-insider-10-26-2018 
april 2018 by areadevelopment
Tax Reform Unleashed: What It Means for Industrial Corporations - Gray Construction
Like all legislation, the new tax law is not perfect. However, it is clear that comprehensive tax reform is good for skills, wages and jobs, all of which feed into a strong economy. 
Around-the-web  this-week-419  corporate-tax-reform  government-policy  u.s.-manufacturing  economic-analysis 
april 2018 by areadevelopment
Why the Automation Boom Could Be Followed by a Bust - Harvard Business Review
You may not be sharing your office with a robot yet, but the next wave of automation has begun. Humanoid service robots, machine learning algorithms and autonomous logistics will replace millions of service workers in the coming decade. Experts are rushing to forecast the likely impact on jobs. But most projections overlook two powerful forces that will combine with automation to reshape the global economy by 2030: rapidly aging populations and rising inequality.
Around-the-web  this-week-416-top  automation  economic-analysis 
march 2018 by areadevelopment
U.S. Manufacturing Isn't Beating China But It's Not Doomed - Bloomberg
China has become the world's 800-pound gorilla. But America is holding its own against other rivals.
u.s.-manufacturing  competitiveness  economic-analysis  Around-the-web  this-week-415 
march 2018 by areadevelopment
How Trump’s steel and aluminum tariffs could affect state economies - Brookings
In a country as large and economically diverse as the United States, these macro policy shocks have local consequences and, once again, America’s local and state economic officials are asking how this latest trade policy shift will influence their own economies.
economic-analysis  Around-the-web  this-week-415 
march 2018 by areadevelopment
Fintech Investment - Deloitte US
In the United States, 264 companies have received a total of $7.71 billion in investment since 1998, but mostly within the past five years
financial-industry  fintech  high-tech  capital-access  venturecapital  Around-the-web  economic-analysis  this-week-413-top 
february 2018 by areadevelopment
R&D Employment: Innovation and Growth - Chumura
Studies show a positive relationship between innovation and growth. Companies with a higher degree of R&D orientation[1] grow faster than other firms. Further, [2] also experience faster economic growth.
Around-the-web  research&development  innovation  economic-analysis  this-week-410 
january 2018 by areadevelopment
More evidence that technology and increased worker productivity, not trade, were behind US factory job losses - AEI
This paper challenges two widely held views: first that trade performance has been the primary reason for the declining share of manufacturing employment in the United States and other industrial economies, and second that recent productivity growth in manufacturing has actually been quite rapid but is not accurately measured.
u.s.-manufacturing  STUDIES  economic-analysis  Around-the-web  productivity  advanced-manufacturing  industry4.0  this-week-409  industry-organizations 
december 2017 by areadevelopment
The Great Tax Race: How the World’s Fastest Tax Reform Package Could Impact Commercial Real Estate - Cushman & Wakefield
History suggests that tax law changes by themselves are often not key drivers for transactions or for investment performance. However, there is likely to be a period of transition and market flux as investors restructure to optimize tax outcomes with implications for the underlying asset classes. Corporations are likely to separate the real estate aspects of their businesses.
corporate-real-estate  taxes-incentives  corporate-tax-reform  economic-analysis  government-policy  Around-the-web  this-week-407-top 
december 2017 by areadevelopment
Moderate Manufacturing Outlook Amidst an Improving Global Picture - MAPI Foundation
In spite of two devastating hurricanes, U.S. economic growth has accelerated in recent months. U.S. GDP growth has averaged 3.1% in the second and third quarters of 2017, up from a 2% average over the prior four quarters. There has been a significant acceleration in the pace of business equipment spending growth since the early months of 2017, a potential sign of an increase in business confidence.
economic-analysis  economic-indicator-reports  economic-forecast  u.s.-manufacturing  manufacturing  industry-organizations 
december 2017 by areadevelopment
US Capital Confidence Barometer - EY
Virtually all of the US companies represented in our 17th semiannual Capital Confidence Barometer said they engage in regular portfolio reviews – nearly half do so annually – indicating that companies are employing every tool at their disposal, from divestment to cross-sector partnerships, to stay competitive in these relentlessly disruptive markets. Moreover, for the largest companies, M&A remains front and center: three-fourths of companies with revenue of US$5 billion or more are planning deals.
m&a  capital-access  economic-indicator-reports  executive-surveys  Around-the-web  economic-analysis  this-week-406 
december 2017 by areadevelopment
USDA ERS - Rural Manufacturing Survival and Its Role in the Rural Economy - United States Department of Agriculture Economic Research Service
The manufacturing sector’s share of employment and earnings in rural (nonmetro) areas began to exceed its share in urban (metro) areas in the 1980s, when import competition forced domestic manufacturers to lower costs. Wages, property taxes, and land prices are generally lower in rural areas. And despite the sector’s declining employment since the 1950s, manufacturing jobs still represented 14 percent of rural private nonfarm jobs in 2015 (compared to 7 percent for urban). As a share, manufacturing earnings are even more important to rural America. Manufacturing earnings represented 21 percent of rural private nonfarm earnings in 2015 (compared to 11 percent for urban).
economic-analysis  economic-indicator-reports  rural-economy  rural-manufacturing  Around-the-web  rural-economic-development  this-week-400 
october 2017 by areadevelopment
Trade Talk with Dr Walter Kemmsies: What's the deal with NAFTA? - JLL
In May 2017, the Trump administration gave Congress official notice that it plans to renegotiate NAFTA. Find out the impacts that renegotiations might have on U.S. logistics and industrial real estate through the expertise of Dr. Walter Kemmsies.
business-globalization  economic-analysis  supply-chain  industrial-real-estate  NAFTA  mexico  government-policy  Around-the-web  this-week-394 
july 2017 by areadevelopment
Can California Survive a Tech Bust? - Newgeography.com
Historically, California’s great strength was the diversity of its economy, stretching from high-tech and aerospace to finance, entertainment, energy, basic manufacturing and homebuilding. Yet, during the most recent boom, the growth of high-wage job growth largely took place in one region — the Bay Area — while other sectors generally stagnated or shrank.
california  economic-analysis  silicon-valley  regional-reports  regional-economic-development  Around-the-web  this-week-391 
july 2017 by areadevelopment
The revolution won’t wait - Industrial Insights - PwC
Amidst all this change, one thing is certain: manufacturing executives aren’t waiting for lawmakers to determine the fate of their companies. Technological change is already doing that. We are arguably witnessing the greatest transformation in the manufacturing sector since the industrial revolution.
advanced-manufacturing  industry4.0  economic-recovery  industrial-real-estate  Around-the-web  economic-analysis  this-week-390-top 
june 2017 by areadevelopment
US Economic Forecast Q2 2017 - Deloitte University Press
However much we’re urged these days to embrace unpredictability, every decision maker in business craves certainty. And lately, volatile headlines have made it difficult to plan ahead. But notwithstanding promised changes to taxes and more, the US economy will likely stay more or less on track.
economic-analysis  economic-forecast  Around-the-web  this-week-390 
june 2017 by areadevelopment
A Road Trip Through Rusting and Rising America - The New York Times
The big divide in America is not between the coasts and the interior. It’s between strong communities and weak communities. You can find weak ones along the coast and thriving ones in Appalachia, and vice versa. It’s community, stupid — not geography.
opinion  economic-development-news  Around-the-web  this-week-389  economic-analysis  skills-gap  STEM-workforce  Tennessee 
june 2017 by areadevelopment
Opinion: What Tax Credits Did To Manufacturing Jobs In Wisconsin - Forbes
The competitive nature of the manufacturing industry is evident in the response of employment to tax changes. Firms that sell output in a competitive market have little control over prices, and firms that hire from a competitive labor market must pay the market wage to attract workers. Competitive firms thus react to cuts in business taxes by increasing production, investing more and hiring more workers. My results suggest that the MAC had these effects in Wisconsin.
opinion  economic-analysis  government-policy  taxes-incentives  u.s.-manufacturing  Around-the-web  this-week-387 
may 2017 by areadevelopment
Lack of Workers, Not Work, Weighs on the Nation’s Economy - The New York Times
After eight years of steady growth, the main economic concern in Utah and a growing number of other states is no longer a lack of jobs, but a lack of workers.
jobs  regional-reports  utah  economic-analysis  Around-the-web  this-week-387  agribusiness 
may 2017 by areadevelopment
2017 Q1 Global CFO Signals - Deloitte US
North American CFOs also indicate a strong bias toward revenue growth over cost reduction (60 percent vs. 18 percent) and investing cash over returning it (59 percent vs. 15 percent).
economic-indicator-reports  economic-analysis  CFO  executive-surveys  Around-the-web  this-week-386 
may 2017 by areadevelopment
With NAFTA, Mexico and the U.S. build things together - Dallas News
While "free trade" has been blamed for job losses in many parts of the nation, as of 2014 nearly five million jobs across the U.S. depend on trade with Mexico. These jobs are not just in Texas. In 2015, Mexico was the first or second export destination for 30 out of 50 states.
free-trade-agreements  mexico  canada  NAFTA  Around-the-web  government-policy  economic-analysis  texas  opinion  this-week-384 
april 2017 by areadevelopment
Industrial Insights: A Quarterly Summary for the Industrial Products Sector - PwC
Summary of accounting and financial reporting hot topics impacting the Industrial Products sector covers M&A activity, The new administration’s proposal on tax reform, SAB 74 disclosures, revenue recognition, pension cost reporting, and more.
economic-forecast  lease-accounting  mergers-acquisitions  economic-analysis  CFO  Around-the-web  this-week-383 
april 2017 by areadevelopment
Workers Made Germany Into the World's Best Economy - Bloomberg View
If, as some now claim, robots are a big threat to jobs and wages, German workers should be suffering; instead, their wages have been growing at a steady clip, even as employment has risen.

What is Germany doing right?
workforce-development  business-globalization  germany  economic-analysis  labor-costs  organized-labor  Around-the-web  this-week-383 
april 2017 by areadevelopment
The Man Who Made Us See That Trade Isn't Always Free - Bloomberg View
So, I asked, how should trade policy be changed? Autor’s answers again surprised me. He suggested that the process of admitting China to the World Trade Organization back in 2000 should have been slowed down significantly. That would have given American workers and industries time to prepare for, and adjust to, China’s competitive onslaught. He also endorsed the border adjustment tax now being considered by Congress. That tax would probably benefit U.S. exporters at the expense of importers.

But Autor went quite a bit further. He told me that the U.S. government should focus attention on manufacturing industries, and even use industrial policy to bolster the sector.
business-globalization  free-trade-agreements  china  u.s.-manufacturing  economic-analysis  Around-the-web  opinion  this-week-380 
march 2017 by areadevelopment
How Many Jobs Can Governors Take Credit for Creating? - GOVERNING
Governors can affect their states’ employment picture, but not in the way, or with the speed, that most people think.
this-week-379  Around-the-web  Matt  economic-analysis  jobs  government-policy 
february 2017 by areadevelopment
Trade vs. Productivity: What Caused U.S. Manufacturing's Decline and How to Revive It - ITIF
Automation was not the primary culprit behind manufacturing job losses, and now too little automation is depressing U.S. output and leading to stagnation in U.S. manufacturing.
automation  manufacturing-automation  u.s.-manufacturing  industry4.0  economic-analysis  productivity  this-week-377  Around-the-web  economic-indicator-reports-analysis 
february 2017 by areadevelopment
Investing in “Innovation Infrastructure” to Restore U.S. Growth - ITIF
Restoring an innovation- and investment-led economy depends on spurring growth through investments in America’s “innovation infrastructure,” including scientific and engineering research in the public, academic, and private sectors. This, more than traditional concrete and steel, should be the focus of any stimulus program.
innovation  innovation-hubs  economic-analysis  government-policy  research&development  infrastructure  Around-the-web  this-week-373 
january 2017 by areadevelopment
Risks and opportunities in 2017 - PwC Industrial Insights
Unlike tax and regulatory reform where the broader business community feels change, trade policy could result in a greater debate between potential winners and losers.
economic-forecast  u.s.-manufacturing  government-policy  free-trade-agreements  corporate-tax-reform  economic-analysis  Around-the-web  this-week-374 
january 2017 by areadevelopment
Gleaning insights from senior tax executives in the midst of unprecedented change
Our learnings from several years of hosting our senior tax executive forum for industrial products and services clients have been invaluable ̶ not only for our clients, but also for broadening our own perspectives.
The overarching theme of the recent client forum was the potential impact on US tax policy of the 2016 election. The theme served as a framework for discussing critical issues affecting tax in the context of adapting to change and managing risk. These sub-themes were interwoven through a series of dynamic panels, of which I’ll share a few of the highlights:
Around-the-web  government-policy  executive-surveys  economic-analysis  corporate-tax-reform  this-week-370 
november 2016 by areadevelopment
2016 Q2 CFO Signals: Less concern about capital markets; more concern about oil and politics - Deloitte
CFOs’ assessments of the North American economy are only slightly better this quarter. But equity markets and consumer confidence have improved substantially, and this seems to have fueled a reversal in several of last quarter’s downward trends.
CFO  executive-surveys  economic-forecast  economic-indicator-reports  Around-the-web  economic-analysis  this-week-361  this-week-362 
august 2016 by areadevelopment
America’s advanced industries: New trends - Brookings Institution
Leaders in cities, metropolitan areas, and states across the country continue to seek ways to reenergize the American economy in a way that works better for more people. To support those efforts, this report provides an update on the changing momentum and geography of America’s advanced industries sector—a group of 50 R&D- and STEM (science-technology-engineering-mathematics)-worker intensive industries the vitality of which will be essential for supporting any broadly shared prosperity in U.S. regions.
industry-clusters  innovation-hubs  advanced-industries  economic-analysis  STEM-workforce  research&development  Around-the-web  STUDIES  this-week-360 
august 2016 by areadevelopment
Is U.S. Manufacturing Really in Decline? - strategy+business
The decline of employment isn’t the whole story. Not by a long shot. In fact, in many significant ways, U.S. manufacturing is thriving.
u.s.-manufacturing  economic-analysis  Around-the-web  this-week-360 
august 2016 by areadevelopment
United States: Businesses take a (hopefully) temporary breather - Dupress
What effect will the first-quarter contraction in business investment and slower employment growth have on the outlook for US economy? Going by recent trends, annual GDP growth may not slow down overall. However, unless business investment picks up, longer-term growth might be at risk.
economic-analysis  economic-indicator-reports  Around-the-web  this-week-359 
july 2016 by areadevelopment
Comparing economies: How is economic size measured? - Deloitte University Press
How do we compare economies? GDP is generally measured in a country’s own currency, but for comparing economies, one must convert to a common measure. The choice of conversion factor can make a huge difference in our understanding of relative size.
demographics  economic-analysis  economic-indicator-reports  economic-indicator-reports-analysis  Around-the-web  Metros  this-week-359 
july 2016 by areadevelopment
Manufacturers Less Optimistic About Overall Economy; Express Confidence in Their Own Revenue Growth - Area Development
In mid-July, PwC released its Q2 2016 Manufacturing Barometer, which surveyed senior executives at U.S.-based industrial manufacturing firms to determine their assessment of the direction of the nation’s economy, as well as their projections for their companies’ future economic performance.
manufacturing  PWC  economic-analysis  economy 
july 2016 by areadevelopment
The Importance of Manufacturing in Tech Metros - Emsi
Austin, Texas, is a tech-driven metro. There’s no getting around that fact. Of the major tech markets in the US, only San Jose has a higher share of tech jobs than Austin. But as our friend Brian Kelsey showed in new research, manufacturing is also a huge player in the central Texas economy.

Really, though, it’s tech-driven manufacturing that’s leading the way in Austin … and in other prominent tech economies.
demographics  economic-analysis  advanced-industries  advanced-manufacturing  advanced-technology  Austin  silicon-valley  industry-clusters  Around-the-web  this-week-358 
july 2016 by areadevelopment
Federal Reserve Bank Beige Book - July 13, 2016
Reports from the twelve Federal Reserve Districts indicate that economic activity continued to expand at a modest pace across most regions from mid-May through the end of June.
economic-analysis  economic-indicator-reports  Around-the-web  this-week-358 
july 2016 by areadevelopment
Navigating through uncertainty… Industrial manufacturers hunker down in slower growth environment - PwC Industrial Insights Blog
Economic sentiment remained largely status quo in our second quarter Manufacturing Barometer survey, as industrial manufacturers continued to adjust to a more difficult macro-economic climate globally. A heightened sense of caution has led to a generally conservative approach to hiring, capital spending, and geographic expansion as management teams monitor business activity and seek to preserve liquidity.
STUDIES  economic-indicator-reports  economic-analysis  executive-surveys  u.s.-manufacturing  Around-the-web  this-week-357 
july 2016 by areadevelopment
Revitalizing America's Small and Medium-Sized Legacy Cities - Boston Fed
Many older industrial cities struggling to recover from long-term economic downturns, such as Detroit or Pittsburgh, have received attention from academics, practitioners, and the press for their decline and emerging recoveries. The trajectory of small and medium-sized legacy cities (SMLCs) like Ohio's Akron or Dayton (or, in New England, Springfield, Massachusetts, or New Haven, Connecticut) has received much less consideration.
urban-planning  urban-revitalization  Metros  economic-recovery  rust-belt  Around-the-web  this-week-356  economic-analysis 
june 2016 by areadevelopment
US Economic Forecast, Q2 2016 - Deloitte University Press
Notwithstanding chatter on cable TV, today's US economy is comparatively stable and borderline dull. Yes, volatility threatens in Europe and China, and the presidential election is raising temperatures, but we expect the gradual upturn to continue, hampered by nagging slow productivity growth.
economic-analysis  economic-forecast  Around-the-web  this-week-356 
june 2016 by areadevelopment
How to Revitalize U.S. Manufacturing - WSJ
Nine policies that could spark new growth in factory jobs and the economic benefits they bring
u.s.-manufacturing  economic-analysis  Around-the-web  this-week-356 
june 2016 by areadevelopment
Producing Poverty: The Public Cost of Low-Wage Production Jobs in Manufacturing - Berkeley Center for Labor Research and Education
Much attention has been given in recent years to low-wage work in the fast-food industry, big-box retail, and other service sector industries in the U.S. The rise of low-wage business models in the service sector has often been contrasted to business models of the past, when blue collar jobs in the manufacturing industry supported a large middle class in the United States.

Recent research by the National Employment Law Project (NELP), however, found that manufacturing production wages now rank in the bottom half of all jobs in the United States.
workforce-development  cost-of-doing-business  labor-costs  u.s.-manufacturing  economic-analysis  Around-the-web  this-week-353 
may 2016 by areadevelopment
How much could the return of factory jobs add up to? - Marketplace - American Public Media
Doing more with less is generally perceived by economists as a good thing— a manufacturing success that politicians are unlikely to mention.
u.s.-manufacturing  economic-analysis  backshoring  advanced-manufacturing  this-week-351  Around-the-web 
april 2016 by areadevelopment
When Factories Shut Down, Why Don't Workers Move? - Mother Jones
What's been the impact of Chinese manufacturing on US employment? A recent paper by David Autor, David Dorn, and Gordon Hanson adds it up like this:
business-globalization  china  u.s.-manufacturing  workforce-migration  economic-analysis  STUDIES  Around-the-web  this-week-346 
march 2016 by areadevelopment
To Fix America’s Infrastructure, Local Economies Need to Be Saved First - Route Fifty
While fixing roads and bridges is useful and can provide a temporary boost, it’s not sufficient to revive local economies or maintain infrastructure in the future.
infrastructure  transportation  economic-development  economic-analysis  Around-the-web  this-week-346 
march 2016 by areadevelopment
Construction activity will grow in 2016, but at a slower rate - JLL
Three trends are leading to growth slowing in 2016: The upcoming election’s effect on consumer behavior, the Fed increasing interest rates and a labor shortage paired with rising wages. 

However, demand from downstream markets such as Austin, Chicago, Atlanta and Charlotte will bolster the industry and construction profit margins will continue to rise, keeping construction growing at a faster rate than the overall economy.  
commercial-real-estate-reports  Around-the-web  this-week-343  construction  economic-analysis  this-week-344 
february 2016 by areadevelopment
New Study: How Important is FDI to the U.S. economy? - Tradeology, the ITA Blog
The International Trade Administration (ITA) released a new study that quantifies the employment impact of foreign direct investment (FDI) in the United States. Economists from ITA’s Office of Trade and Economic Analysis estimate that 12 million jobs, or 8.5 percent of the entire U.S. labor force, were attributed to FDI.
fdi-USA  economic-analysis  economic-development-news  Around-the-web  this-week-343 
february 2016 by areadevelopment
Manufacturing’s Economic Impact: So Much Bigger Than We Think - MAPI
Government estimates of manufacturing's impact are misrepresentative for multiple reasons. The MAPI Foundation finds that manufacturing’s total impact on the economy is 32% of GDP.
The full value stream of manufactured goods for final demand equals $6.7 trillion
this-week-342  Around-the-web  economic-analysis  u.s.-manufacturing  industry-organizations 
february 2016 by areadevelopment
What Canada needs for a prosperous innovation economy - The Globe and Mail
So far, so good. Pundits have lined up to explain how we need to strengthen intellectual property rights, enlarge the pool of risk financing, expand accelerators and incubators and push for better collaboration with industry and between universities.

Here’s the problem: These approaches completely miss the key difference between a national innovation policy and economic growth policy. This is a problem because Canada urgently needs proper innovation policy in order to maintain its prosperity.
university-economic-development  innovation  government-policy  economic-analysis  public-private-partnerships  Around-the-web  this-week-342  canada  international-location-reports 
february 2016 by areadevelopment
Data Center Q4 2015 National Market Update - CBRE
Bolstered by a steady stream of sizeable transactions in the second half of the year, data center leasing volume in 2015 effectively established new high water marks in many markets across the country. Primary markets continued to capture the majority of large requirements, cumulatively tallying 173 MW of net absorption in 2015. Vacancy rates in Northern Virginia, Silicon Valley and Chicago all stood near record-low levels in the fourth quarter, with net absorption nearly double the historical five-year average in each of these respective markets
data-centers  CRE-market-reports  economic-analysis  Around-the-web  this-week-341  industry-reports 
february 2016 by areadevelopment
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