Industry News | Trade and Industry Development

Industry News

development

LA: Town of Livingston Named Louisiana Development Ready Community

Louisiana Economic Development has recognized the Town of Livingston as a Louisiana Development Ready Community, the 58th parish or municipality to re...

business

22 States Hike Minimum Wage in the New Year

Minimum-wage workers in 22 states will see a rise in their paychecks in this new year. The increases are expected to affect nearly 10 million workers,...

small business

Survey: 62% Of SMBs Say Q4 Revenues Are Down From '22, 10% Worse Than Fall Predictions

Despite recent upbeat news about the general economy, small business owners are reporting additional revenue loss at the close of Q4 2023, reports Ali...

aerospace

AL: Mobile Aerospace Cluster Set for Future Growth as Expansion Plans Take Shape

New investments by key players in the Mobile aerospace cluster are setting the stage for future growth at what has become a major production hub for t...

business

TN: 78 Tennessee Communities to Receive Community Development Block Grants

Tennessee Gov. Bill Lee and Department of Economic and Community Development Commissioner Stuart C. McWhorter recently approved $36.6 million in Commu...

business

FL: Florida Secretary of Commerce J. Alex Kelly Appoints 7 to New SelectFlorida Board of Directors

Florida Secretary of Commerce J. Alex Kelly announced the first SelectFlorida Board of Directors, appointing Greg Britton as chair and Jennifer Conole...

business

2024 Econ Outlook Forecasts 2.2% Expansion in Equipment & Software Investment, 1.7% GDP Growth

The U.S. economy likely averted a recession in 2023 and appears to be on track for a “soft landing” in 2024, according to the 2024 Equipment Leasing &...

construction

Construction Trend Report: U.S. and Canada’s Construction Industry Poised for Growth in 2024

After a year of stabilization, the construction industry in the U.S. and Canada is positioned for success in 2024, thanks to strong demand and as the ...

technology

Report: Machine Learning Industry to Grow by 30% and Hit Over $200B Value Next Year

The global AI industry continues surging with no signs of slowing down any time soon. In just three years, the entire market more than doubled, reachi...

reshoring

Reshoring Initiative 1H 2023 Report: Geopolitical Risk, Industrial Policy Drive Reshoring and FDI

1H 2023 Reshoring + foreign direct investment (FDI) job announcements continued their record-breaking run.  1H2023 announcements were in line with 202...