Tag: economic development

Keeping the American Dream Alive

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

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How Will Amazon Choose its Second Headquarters?

Last week, Amazon accepted final bids in the host city competition for its second headquarters. Over 200 cities applied across North America, with pitches that ranged from exhaustive to persuasive to seemingly stunt-based. With the bidding period closed, the ball is now in Amazon’s court. But how will the tech giant choose a winner? For

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Why a Regional Bid May Land HQ2

Proposals to capture one of the most coveted economic development deals in history — Amazon’s second headquarters, or HQ2 — are due. While some cities (here and here) have not been swayed to join the hunt, there are no doubt hundreds of submissions, and nearly the same amount of speculation about which one of these

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The Untold Story of Mid-Sized Economies

The National League of Cities’ latest report, Local Economic Conditions: The Untold Story of the Varied Middle, finds that 84 percent of cities say their local economies have improved since 2016. The new analysis reveals a dynamic economic landscape that has given rise to five distinct types of local economies: a highly rural cluster; a

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Four Ways to Fund Effective Economic Development In Your City

For cities, effective economic development demands informed, careful leadership from elected officials. It also demands funding — for investing in infrastructure, programs, education, and incentives. Most communities use a mixture of strategies and funding sources to support economic development programs and initiatives. Some municipalities are also exploring the use of innovative tools and financing mechanisms.

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Does the Maker Movement Hold the Key to Economic Growth?

The power of this movement is its ability to draw production back into cities. This can have profound economic and social benefits. A man builds a 3D printer at a makerspace. (Getty) This is an excerpt from NLC’s upcoming report, The Maker Movement. The report was created in partnership with the Department of Public Administration and Policy at American

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How the City of Newark is Leading in Historic Preservation

The city of Newark, New Jersey, has a strategy for historic preservation, multi-sector partnership, and the creation of new residential mixed-use development in the heart of downtown. Newark is demonstrating that, while simple economic arithmetic may dictate demolition and abandonment when it comes to older downtown structures, those willing to see beyond the next fiscal

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Cities Are Taking a Regional Approach to Closing the Skills Gap

This post is the fifth installment in a series focused on NLC’s Cities and Unequal Recovery report, which highlights the findings of our 2015 Local Economic Conditions survey. Apprentice working with engineer to inspect manufacturing machinery. (Getty Images) Economic development consistently ranks as a high priority for local officials across the country. Alongside this priority

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Retention and Attraction Strategies for a Balanced Retail Sector

This is a recap from Big Ideas for Small Business, NLC’s national peer network helping local governments accelerate effort to support small businesses and encourage entrepreneurship. To learn more, email robbins@nlc.org. Neighborhood institutions, such as the Empress of China restaurant in San Francisco, are often forced to close their doors due to escalating rent prices

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Inequality, Instagram and Incubators: This Month in Economic Development

Our monthly roundup of the latest news in economic development filtered through a city-focused lens. Reading something interesting? Share it with @robbins617. Could Instagram walk-around tours help cities attract visitors and showcase local landmarks? (Photo Credit: David Maloney) Shining a new light on income inequality. The issue of inequity is getting prime-time coverage from the White

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