This Just In is a complimentary Development Counsellors International (DCI) service for leaders in economic development and tourism marketing that alerts subscribers to pertinent and prominent news within their related fields. Relevant stories from media such as Business Week, The Wall Street Journal, Forbes, and The New York Times are emailed directly to subscribers on the day they appear. Recent articles shared in This Just In, along with responses from readers, are catalogued below. To sign up for your own complimentary subscription to This Just In, simply click on the RSS feeds link below.
You may have seen news reports about President Obama recently visiting a lithium-ion car battery plant in Michigan; but what you may not know is that the facility is South-Korean owned. On the Opinion page of today’s Wall Street Journal, Robert M. Kimmitt and Matthew J. Slaughter, both former high-ranking federal officials, note the important contribution of foreign investment
For the fourth year in a row, CNBC puts all 50 states to the test. An annual study by CNBC titled,” America's Top States for Business” measures states on 40 different metrics in 10 key categories of competitiveness including cost of doing business, workforce, business friendliness, cost of living, and education to name a few. How does your
Innovation, invention and entrepreneurship are good things, but they won't pull the U.S. out of the current unemployment crisis. This piece of unconventional wisdom comes from Andy Grove, former founder and CEO of Intel. In the "How America Can Create Jobs" cover story in the current issue of Bloomberg Businessweek, Grove discusses why so much current economic advice is
The New York Times had an interesting article over the weekend about how universities around the country are now working closely with investors to ensure that promising ideas are nurtured and turned into successful start-ups. Bob Tedeschi reports that the difference between these academic “proof-of-concept centers” and traditional business incubators is that they get involved in a much earlier stage.
In case you missed it over the weekend, The Wall Street Journal reported that the “sluggish U.S. jobs recovery is inching beyond the industrial South and Midwest, and is spreading toward the service-heavy economies of the two coasts.” Economics reporter Conor Dougherty calls it a “sign of hope.” The article notes that the jobless rate fell last month from
As world leaders squabble over how to cut greenhouse gases, city hall is becoming the best hope for climate action, according to a Special Report on Green Energy in this week’s issue of Bloomberg BusinessWeek. The first article in a series of 10 describes how cities from Los Angeles to Amsterdam are taking the lead in the fight to reduce
It’s not booming, but it’s an improving service sector” according to Bruce Kasman, a J.P. Morgan Economist. The article from today’s Wall Street Journal looks at the U.S. economy and its recent gains in both service sector and manufacturing employment. Read the full story below. Fingers crossed that growth continues in the months ahead. Andrew Levine President/Chief Creative Officer
Which is more important: “hard” quantifiable site selection factors like labor or real estate costs and financial incentives or “soft” incalculable considerations such as community attitudes, access to education or so-called quality of life factors? In the following article Citiwire columnist and real estate expert Sam Newberg addresses this age-old economic development query and comes up with some
With state tax revenues down 11.4% in the past year, legislators across the U.S. are increasingly looking to cut back on tax credits and incentive programs designed to attract investment. Wall Street Journal reporter Conor Dougherty takes a look at how this trend is taking shape in New York, Missouri, Oregon, New Jersey, South Carolina and Colorado. Kudos to
Economic developers closely follow “best cities” lists as a credible way to tout their community’s advantages. But as Wall Street Journal columnist Carl Bialik reports in “The Numbers Guy” the rankings are often flawed in several key areas: -- Presentation of faulty or misinterpreted data; -- Lack of transparency about the source of the data; -- Drawing distinctions
