Industry News | Trade and Industry Development

Industry News

business

IN: IEDC Closes Holcomb Term with 8th-Straight Record-Breaking Year for Econ Development

In 2024, the IEDC secured more than $39.2 billion of committed capital investment – a new record, helped launch 482 new small businesses, and awarded ...

workforce

SC: South Carolina Industry Recruitment Reaches $8.19 Billion in 2024

The South Carolina Department of Commerce recently released its 2024 industry recruitment results, with an announced total capital investment of $8.19...

plastics

U.S. Plastics Pact Unveils 2023-24 Impact Report, Showcasing Innovation, Call for Collective Action

U.S. Plastics Pact recently released its 2023-2024 Impact Report, celebrating significant strides toward a circular economy for plastics while calling...

Now Accepting Applications for 2025 CiCi Candidate Projects!

Apply Now for TID's Annual CiCi Awards

Applications for the coveted Corporate Investment and Community Impact (CiCi) Awards presentation in Trade & Industry Development are being accepted t...

business

Report Says Inflation Reduction Act Delivers Economic Boost and 4X Return on Investment

A new independent study reveals that the Inflation Reduction Act (IRA) will deliver substantial economic benefits for the United States, notably growi...

ports

TX: Port of Brownsville's Economic Impact Hits Record $12 Billion

According to a report, the Port of Brownsville generated $12 billion in total economic activity in 2023, representing a 400% increase from the last ec...

business

2025 Economic Outlook Forecasts 4.7% Expansion in Equipment & Software Investment

After a strong performance in 2024, the U.S. economy will continue to benefit from a solid labor market, rising household wealth, and resilient consum...

economy

Extreme Weather Happening More Often, With Larger Impact on Economy, Says AccuWeather

AccuWeather expert meteorologists say 2024 will go down in the record books as a hot and stormy year with frequent rounds of extreme weather across th...

economic development

U.S. Economic Development Admin. Reauthorized by Congress for First Time in 20 Years

The U.S. Department of Commerce’s Economic Development Administration (EDA) celebrates its historic reauthorization by Congress, allowing it to contin...

defense

AR: Forge Institute Launches Phoenix Xcelerator to Scale Growth of Defense Tech Startups

Forge Institute has launched the Phoenix Xcelerator, a pioneering program designed to empower & grow startups across the defense and aerospace sectors...