This is a guest post from Richard Leadbeater, State Government Industry Manager at Esri. Last Thursday, I lost five dollars. I had bet that Detroit would be the winner in the Amazon HQ2 bid. I thought the city met all the basic criteria: Delta Airlines hub, space to grow, economic incentives, lower cost of living,
Category: Economic Development
The race to land Amazon’s second headquarters, or HQ2, has become one of the largest economic development opportunities in a generation — a truly transformative opportunity for the chosen city that ultimately wins the competition. And a competition it has become, with creative and inventive ideas pitched from mayors and economic development officials throughout the
This is a guest post by Sarah Alvarez, senior program associate at the Aspen Institute Latinos and Society Program. In the United States, Latino-Americans start businesses at three times the rate of the general population. That means they play an important role in driving US economic vibrancy — through their outsized contribution to new business creation.
In a move that could bring sweeping changes to the online commerce sector, the Supreme Court has agreed to decide whether states may require out-of-state retailers to collect sales tax. In Quill Corp. v. North Dakota (1992), the Supreme Court held that states cannot require retailers with no in-state physical presence to collect sales tax. South Dakota
Last year, Big Ideas for Small Business, NLC’s national peer network on small business development, convened several times to discuss innovative new approaches for supporting local businesses. Many of these successful strategies are ones you should considering implementing in your own city. Below is a brief recap of our key strategies from 2017. Leveraging Libraries
After a last-minute procedural delay forced the House of Representatives into a re-vote, the Tax Cuts and Jobs Act (H.R. 1) this morning passed both houses of Congress. The bill will now head to President Trump, who is expected to sign it into law. The Senate had to make several last minute changes to the
This is a co-authored post by Anita Yadavalli, program director for city fiscal policy in NLC’s Center for City Solutions, and Jean-Pierre Aubry, associate director of state and local research at the Center for Retirement Research at Boston College. It is the third piece in a three-part series about pensions and healthcare. Each piece includes insights gained
Since its founding, the city of Nashville has constantly reinvented itself — first as a hub for trade, then as a shipping power, and finally as a center for the music, healthcare, and food industries. Now, Nashville is banking on yet another economic reinvention: unlocking the power of maker spaces, local artisans, and small manufacturers.
This is a guest post by NLC President Matt Zone, councilmember, Cleveland. The promise of economic mobility and opportunity lies at the heart of America’s culture and democratic society. At its core, this promise hinges on two basic concepts: first, that everyone has a chance to improve their economic status and wellbeing through personal initiative
This post is part of a series on NLC’s Equitable Economic Development (EED) Fellowship. Kevin Johns is the Economic Development Director for the City of Austin. This week I had the opportunity to talk to Kevin about Austin’s Einstein Challenge, an innovative program looking to lift out of poverty 40,000 children in the city. Carlos