On July 29th and 30th, the LMI Institute held its latest training session in Sacramento, CA. The training covered two different economic analysis topics: Cluster Mapping and the Basics of Economic Impact Analysis. Over twenty participants spent two days learning about these topics through a variety of presentations, group exercises and other interactive activities.
Continue ReadingPresident Obama signed the Workforce Innovation and Opportunity Act (WIOA) into law on July 22nd, after overwhelming approval in the House and Senate. WIOA is the most significant reform of federal job training programs in more than 15 years. The majority of WIOA provisions will become effective on July 1, 2015, the first full program year […]
Continue ReadingThe U.S. House of Representatives passed with bipartisan support the Workforce Innovation and Opportunity Act (WIOA) 415-6. The legislation, authored by Senators Harkin, Alexander, Murray, and Isakson and Representatives Kline, Miller, Foxx, and Hinojosa, was previously approved by the Senate, 95-3. The legislation is now set to become law upon the President’s signature. Read on […]
Continue ReadingThe Senate passed the Workforce Innovation and Opportunity Act (WIOA), a bipartisan bill to reauthorize the Workforce Investment Act (WIA). The WIOA aims to streamline federal workforce programs and overhaul the job training system for young people with disabilities.
Continue ReadingC2ER released the Cost of Living Index (COLI) first quarter 2014 report in late May. Among the 288 urban areas that participated in the First Quarter 2014 Cost of Living Index, the after-tax cost for a professional/managerial standard of living ranged from more than twice the national average in New York (Manhattan), NY to almost […]
Continue ReadingThe Council for Community and Economic Research (C2ER) recently updated its State Economic Development Program Expenditures Database as part of a continuous effort to track investments in economic development across all fifty states. The database now includes all Governor Recommended Budgets for fiscal year 2015.
Continue ReadingWhile many state economic development programs aim to provide incentives to businesses from any industry, a large proportion of state programs target their incentives at specific industries.
Continue ReadingBased on early releases, FY2015 State Budgets include new funding and some major funding increases for economic development financing, especially venture capital, accelerator, and research and development programs. Here are highlights from MA, WV, and TN.
Continue ReadingBased on early releases, FY2015 State Budgets include new funding and some major funding increases for economic development financing, especially venture capital, accelerator, and research and development programs.
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