July 2018
INTRODUCING THE FUTURE OF:  CURATED CONTENT FOR ECONOMIC DEVELOPERS BY AVALANCHE
 

As economic development strategists, we are voracious consumers of news and producers of original content related to our field. This year, we decided to  make the most deeply relevant stories from Avalanche's library available to you  through a new online publication,   The Future Of.

The Future Of   is an easy way for EDOs, chambers of commerce, CEOs, and anyone else passionate about economic development to explore current news that is meaningful to our industry. The Future Of is not about project announcements and traditional fare. It is about  sharing articles that should inspire and influence a modern approach to economic development.

A 12-month subscription to The Future Of is now available for $399. 

Subscriptions allow full access to all content and features on The Future Of, and can be renewed annually. Or, explore the site before buying by  signing up for a one-week trial


WHAT ECONOMIC DEVELOPERS NEED TO KNOW ABOUT 
TECHNOLOGY DRIVERS AND DISRUPTORS
 
The Technology industry has become one of the most dominant drivers of the US economy today, as it permeates more aspects of consumer life and business strategy. An urgency now exists for communities to develop their best technology workforce to ensure competitiveness - both for their local companies and their communities. Still, despite low levels of unemployment, many fear a future in which technology and automation starts to displace workers at levels never before seen, putting economic developers' job creation mandate in peril.  When Marc Andressen famously said that "Software is eating the world" in 2011, he could have finished with "...and is coming to eat your lunch." 
 
Read the full article to learn more about new technologies and how they are changing the competitive landscape, trends in technology workforce, and strategic insights for economic developers. 

BREAKING DOWN THE TALENT PIPELINE
How to tackle today's #1 issue in economic development
 
Unemployment in 2018 is at its lowest in over a decade, with rates sinking as low as 3.8% in May 2018. As the unemployment rate continues to decline, the implications on economic development and the site selection process skyrocket. In fact, 96% of our 2017 ED Index respondents said that the importance of having a skilled workforce in the site selection process increased compared to last year, which means that ED professionals almost unanimously agree that having a talented workforce is essential to being competitive.
 


Read our latest ED Index Blog for a a glimpse into how to tackle talent issues in your community, along with a few of our favorite best practices.

HEADLIGHT DATA RELEASES ANNUAL METRO RANKINGS

Headlight Data released its annuals rankings of the fastest growing large and mid-size metros for 2017. Using data from the Bureau of Labor Statistics, Headlight Data measured growth by determining the percentage change in employment from 2016 to 2017. Check out the full rankings and  interactive maps  for Fastest Growing Large Metros and Fastest Growing Mid-size Metros.

We're excited to see clients like Atlanta, Charleston, Charlotte, Jacksonville, and Provo making the Top 10 fastest growing large and mid-size metros!


CELEBRATING OUR CLIENTS

We saw again in July that our clients remain highly ranked in the US for their stellar economic performance.

Looking for work? From San Jose to Charleston, these are the 10 best markets for jobs - The New River Valley was named one of the top 10 best markets for jobs by USA TODAY. Go NRV!

2017 Milken Institute Best-Performing Cities - The Milken Institute released its annual likes of the Best Performing Cities, and Avalanche clients Provo, West Palm Beach, Charlotte, Atlanta, and Charleston made the top 25!

Longmont named an 'All-America City' - Longmont, CO was on of 10 communities selected to be an All-America City by the National Civic League. The award is given to cities that "leverage civic engagement, collaboration, inclusiveness and innovation to successfully address local issues". Congratulations Longmont on being named an All-American City for the  second time!

AVALANCHE IN ACTION

We began the month with a visit to Chattanooga, and we're thrilled to begin work on the Chattanooga Chamber's Economic Development Strategy! Next, Jennifer and Marian traveled to Spartanburg SC to conduct interviews and focus groups for the Spartanburg EFG's Corporate Recruitment Strategy. Next, Amy and John traveled to Columbus OH to continue research for Columbus 2020's Regional Economic Development Assessment. We ended the month in Des Moines where Tony led on a panel at ACCE's Annual Conference. 



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OUT AND ABOUT IN 2018 
 
We hope to see you at one of our upcoming events!
  • Ag & Animal Science Conference Willmar, MN, on September 25 at the MinnWest Technology Campus - Tony DeLisi will speak about economic development trends and innovation in the animal and food manufacturing industries.
  • IEDC 2018 Annual Conference Atlanta, GA, on September 30 - October 3 - Amy Holloway will be leading a TED Talk on Monday, October 1 called "The Power of Partnerships" The Talk will explore how strengthening partnerships across your community is critical to being more competitive. The Avalanche team will also host a complimentary idea exchange brunch for clients on Sunday, September 30. If you are a past or current client and 
TOP TWEETS



5 Avalanche clients made the @MilkenInstitute's Top 25 Best Performing Cities list! CongratsProvo, West Palm Beach, Charlotte, Atlanta, & Charleston! @provo_ecdev @westpalmbch @CharlotteUSA @AtlantaRegional @chsinspired 
 

To keep up with Avalanche,  follow us on Twitter.

AVALANCHE:  RESEARCH, MARKETING, STRATEGY
Avalanche Consulting  is the nation's premier economic development strategist. We are the best in the business at translating complex information into strategies, marketing messages, and motivation for action. We are deeply driven to make a positive impact and seek clients who are equally inspired to energize their economies. Headquartered in Austin, Texas, Avalanche was established in 2005 and has assisted more than 150 communities across the US and abroad. 

LET HEADLIGHT ILLUMINATE DATA ON YOUR REGION
Headlight is Avalanche's award-winning online data system that enab les economic and workforce development organizations to produce data-intensive websites on their region's economy and workforce, allowing them to better serve prospects, site selectors, and their community. Data can be aggregated into one central website or  embedded into your organization's existing website.


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