State Economic Development Bulletin – November 2020

Latest News The Future of Commercial Office Space (Cushman & Wakefield). Concerns exist about the future of commercial office space. There is no denying that the work from home trend is real and the impacts will be felt in the short and long term. A report from Cushman & Wakefield examining the global impacts of […]

State Economic Development Bulletin – October 2020

Latest News U.S. Census Provides Monthly State Retail Sales Data (U.S. Census Bureau). The U.S. Census is launching a new experimental data product featuring modeled state-level retail sales. The Monthly State Retail Sales (MSRS) report features interactive state-level data visualizations that combine data from the Monthly Retail Trade Survey, administrative data, and third-party data. The […]

State Economic Development Bulletin – September 2020

Latest News Visualizing Vulnerable Jobs Across America (Brookings). The Brookings Workforce of the Future initiative breaks down the number and dispersion of “vulnerable” jobs for 380 metropolitan statistical areas and all 50 states plus the District of Columbia. Vulnerable jobs are ones that pay low wages (less than the median wage, adjusted for location), and […]

State Economic Development Bulletin – August 2020

Latest News Increased Consumer Interest Correlates with COVID-19 Hot Spots (Yelp). As people began resuming common pre-pandemic activities – specifically, frequenting restaurants, bars, and gyms – a clear spike in COVID-19 cases within those locations quickly followed. Yelp website and mobile app activity data shows a statistically significant correlation between an increase of consumer interest […]

State Economic Development Bulletin – July 2020

Latest News U.S. Economy Won’t Grow as Fast as Expected Over Next Six Months (Congressional Budget Office). The Congressional Budget Office downgraded its near-term assessment of the U.S. economy’s growth as it struggles in response to the shock of the coronavirus pandemic. In May, the CBO projected real gross domestic product to expand at 21.5% […]

State Economic Development Bulletin – June 2020

Latest News Where the Small Business Administration’s Coronavirus Disaster Loans are Going (Washington Post). About 40 percent of the SBA’s economic injury disaster loan (EIDL) program funding as of early June was captured by four states: California, New York, Florida, and Texas. A few states with relatively small economies received an outsize share of the […]

State Economic Development Bulletin – May 2020

Latest News   State Economic Development Officials Collaborate to Counter the Pandemic’s Impact (Pew Charitable Trusts). As states grapple with the unexpected and dramatic changes brought on by the novel coronavirus, economic development leaders are playing important roles in the emergency response. They are helping to ensure that health care workers have the equipment they […]

State Economic Development Bulletin – April 2020

Latest News   Regional Business Conditions and Long-Term Recovery from COVID-19 (Greater Washington Board of Trade). The COVID-19 pandemic is a public health emergency with far-reaching and severe economic impacts. Tom Barkin, President & CEO of the Federal Reserve Bank of Richmond, explained what the Fed has done to address the pandemic crisis and how […]

State Economic Development Bulletin – March 2020

Latest News Senior state executives representing more than 30 states joined a SEDE Network conference call on March 16 to share information about how they are addressing challenges from the Covid-19 virus. Several states talked about their strategies on many different topics of mutual interest. Notes on key issues and initiatives discussed during the call […]

State Economic Development Bulletin – February 2020

Latest News Comparing State GDPs to Entire Countries (American Enterprise Institute). The U.S. produced nearly 25 percent ($21.5 trillion) of world GDP ($87.2 trillion) in 2019, with only about 4.3 percent of the world’s population. Four of America’s states (California, Texas, New York and Florida) produced more than $1 trillion in output and as separate […]