PHX East Valley Shapes a Path for Future Generations
Thousands of students will graduate from higher education entities in the Greater Phoenix area this May. As students order graduation caps and gowns, businesses in the PHX East Valley are preparing to hire the next generation of qualified workers.
Metropolitan Chicago's ability to move goods quickly and efficiently has never been more important than in today's globalized economy. Intermediate and finished goods now must move great distances. Since the end of the recession, U.S. imports and exports increased by 36 and 38 percent respectively.
Decades of aviation investment and planning in Arizona’s Phoenix (PHX) East Valley has provided the optimal landscape for aerospace, defense and aviation, and high-tech industries to thrive and grow. These industries also support cargo and R&D, and maintenance and repair business development. With this array of aviation and aerospace assets, including two commercial service airports and two of the busiest general aviation airports in the country, the region has become a key point of commerce in the Southwest.
The year 2015 is a coming-of-age turning point for Arizona’s Phoenix (PHX) East Valley. Local governments and private sector initiatives have transformed the area from a Fortune 500 business relocation magnet to a region that can grow its own industry game changers. Areas of skilled workforce, innovation, and robust infrastructure are driving emerging business and helping to revive recovering sectors.
Brookings -- Innovation and STEM-worker (science, technology, engineering, and math) intensive “advanced industries” are the prime movers of regional and national economic competitiveness in the United States. Industries like aerospace and auto, oil and gas extraction, or software and health IT stand at the forefront of the most disruptive technological and business dynamics of the moment, and will be central to U.S. prosperity going forward.
The National Association of Counties and the National Association of Development Organizations (NADO) Research Foundation, with support from the U.S. Economic Development Administration, have launched a new competition for communities experiencing economic challenges resulting from the contraction of the coal industry.
Join NACo and NADO on Thursday, 1/22 at 2pm ET to learn more about the challenge and ask questions to competition organizers. For more information about the competition, please read more.
Economic Alliance of Greater Baltimore -- Recently, Richard Florida of The Atlantic‘s CityLab published a synopsis of a study detailing extensive research that linked arts clustering to widespread economic development in nearly every metropolitan region across the country. The Economic Alliance of Greater Baltimore elected to recreate some of this research and examine arts clustering in the Baltimore metropolitan area with 2012 data – two years newer than what was originally published – and compare it to the peer markets selected for the 2014 Regional Report.
LOWELL, Mass. -- Gov. Charlie Baker today announced a $4 million dollar grant from the Massachusetts Technology Collaborative (“MassTech”) to UMass Lowell to support development of a printed and flexible electronics industry cluster, an emerging field that has the potential to become a $76 billion global market in the next decade.
Godwin Xerri, Malta Independent -- According to a study published by Policy Research Corporation in 2008, Malta employs 7,600 people in the traditional maritime sectors, 11,000 people in coastal and sea related recreational and tourism and 1,400 persons in fisheries. These three areas make up for 20,000 jobs out of a working population of 190,000 people which represents 10.5% of Malta's work force.