News & Resources
In human and economic costs, 2020 was a year without modern precedent.
Yet even as the world wrestled with Covid-19 and its consequences, industry stubbornly marched forward—and, finally, into recovery. We may never “return to normal,” but that doesn’t mean we can’t get back to the business of doing business. Fo...
Chapter 313s important economic development tool
Jun 16 2021In response to Steve Showalter’s opinion column on April 15, we felt it was important to provide some additional context around the use of Chapter 313 property tax agreements, which are important economic development tools for communities. Calling these tax incentive measures “corporate welfare” is an oversimplification of an essentia...
Texas Named Best State For Business By CEO Magazine For A Record-Smashing 17th Year In A Row
Jun 15 2021For the 17th year in a row, Texas has again been named the Best State for Business by the nation’s leading CEOs in an annual survey conducted by Chief Executive Magazine. The rankings are determined by the CEO’s assessments of each state’s business climate, workforce, and quality of life. Texa...
Governor Greg Abbott today announced that nominations for the 2021 Star of Texas Awards, which honor peace officers, firefighters, emergency medical first responders, and federal law enforcement who were seriously injured or killed in the line of duty, are now open. Nominations must be submitted to the Governor's Office b...
Midland Development Corporation is an active investor in the community, helping to strengthen the economy by creating opportunities for businesses and residents alike. Part of that mission involves supporting cultural and arts organizations that enhance the community’s quality of life. One of those investments is in the Hispanic Cultural Cente...
AUSTIN —Texas is addressing power, water, broadband and transportation infrastructure to ensure it can support rapid growth in the future, Gov. Greg Abbott assured global business decision-makers Wednesday at a fireside chat sponsored by the Texas Economic Development Corp.
The primary infrastructure issue facing Texas today is the electrical grid, sai...
Ten things economic developers must know about Opportunity Zones include what an Opportunity Zone is, how many there are, your role in attracting investors to your community, and more. Let's walk through them.
10 THINGS ECONOMIC DEVELOPERS MUST KNOW ABOUT OPPORTUNITY ZONES
1. What exactly is an opportunity zone?
According to the U.S...
The following excerpt is from Dr. Nadine Greiner’s book Stress-Less Leadership. Buy it now from Amazon | Barnes & Noble | Apple Books | IndieBound or click here to buy it directly from us and SAVE 60% on this book when you use code LEAD2021 through 4/10/21.
It can be hard to concentrate. Even on your best days, you're surrounded by distractions. When you struggle to concentrate, you can’t focu...
One of President Joe Biden’s first acts was to announce a $2.3 trillion bill to repair and upgrade the nation’s infrastructure. The bill addresses what has become a perennial topic of debate in Congress, and one that has repeatedly been set aside for action at some future date.
It has bee...
Being inquisitive about data is essential for any web-based business. How are you going to operate a website without knowing how people are actually using it? That's why Google Analytics is so crucial for any business running a website. It will give you the insights you need to make better decisions abou...
The following excerpt is from Caroline Stokes’s book Elephants Before Unicorns. Buy it now from Amazon | Barnes & Noble | Apple Books | IndieBound or click here to buy it directly from us and SAVE 60% on this book when you use code CAREER2021 through 4/17/21.
I’d like to introduce you to three technologies that will help people leaders discover talent and fuel your teams’ evolution to avoi...
If the recent pandemic has taught business leaders anything, it’s that solid readiness planning through diversification and data analysis can reduce the impact when a crisis hits. Nearly half of operations leaders surveyed in the recent PwC US Pulse Survey indicated that reducing supply chain disruptions is “very important.” But few companie...
Project Offers Free Training for Licensing and Certification
AUSTIN – The Texas Workforce Commission (TWC) in partnership with the Texas Restaurant Association (TRA) is launching a new Restaurant Recovery Training certification portal for prospective restaurant workers. Part of the larger Restaurant Recovery Initiative, which launched recently, the training allows free an...
As a leader, it’s no surprise that one of your most crucial jobs is making sure employees are productive day in and day out. Many leaders have attempted to increase team productivity by introducing state-of-the-art technologies and testing the most successful workflow methods they could find. Unfortunately, they’re missing ...
Texas’s natural beauty and quality of life are among the state’s draws for business decision-makers considering a move here. Travel and Tourism Week, May 2-8, is an opportune time to see what Texas has to offer. Take an online tour of Texas — with the occasional taste of its diverse economy an...
How To Be Creative As An Entrepreneur
May 31 2021You might think that creativity requires the antithesis of rules and regulation. Even the thought of being creative conjures up images of disorder. Messy rooms, paint everywhere, scraps of paper with ideas scrawled across them. The frantic creative genius works away, oblivious to the world around them. Chaos. Method i...
As we were ringing in 2020, it’s safe to say that almost no one could have imagined the novel year that was virtually at our doorsteps. Like a monsoon, Covid-19 arrived, and with it a plethora of changes to not only how we live and work, but how business i...
Area Development’s staff editor Mark Crawford recently asked Ericsson’s Dan Kerber, vice president of digital services business operations for North America — who helps companies improve their financial and operational metrics through improved resource management processes — about his thoughts on leadership, especially the need for “soft skills” during th...
One Year After The First Wave Of Pandemic Jobs Losses, U.S. Adds Nearly A Million Jobs In March
May 26 2021It’s an encouraging sign on the anniversary of what was an especially distressing week for the workforce. Weekly jobless claims surged to a staggering 6.65 million for the week ending March 28, 2020. At the time, it was the highest level ever recorded. That month, the U.S. economy lost a total of 701,00...
The global pandemic accelerated the growth of e-commerce as lockdowns and safety concerns prompted an increasing number of consumers worldwide to shop online.
As a result, several years of online sales growth were condensed into 2020 alone, causing industrial leasing to surge globally as logistics became essential for retailers. Changes i...
COVID 19’s impact on real estate last year was an accelerator of trends, a disrupter — more than even the Black Swan event of the financial crisis in 2008 — and exposed dramatic weaknesses and vulnerabilities in many supply chains.
This year’s annual Corporate Survey gives light to some of thes...
Will the 2020 Corporate Survey provide us with insight into the needs and priorities of companies and developers, or will the effects of the pandemic and global trade tensions have created a focus on location factors relevant to a temporary business climate that most of us hope will return t...
Is a global economy wrung out from a historic pandemic ready to be refreshed and rejuvenated?
Site Selection’s refreshed Global Best to Invest rankings offer some guideposts for the way back.
First, we present our country rankings by five world regions — in cumulative and per-capita terms — based on the followin...
The Corporate Survey results reflect the current situation. The pandemic has not changed the corporate real estate strategy of many companies (confirmed by 76 percent) to go forward with domestic and international investments, but it has slowed it down. For example, travel restrictions still limit the possibility of foreign companie...
