Economy
14 articles
Auckland's Startup Ecosystem Boosting Economy in 2026
Auckland's Mayor will wear a different local startup's branded t-shirt every day for 100 days, starting in 2026, a highly visible commitment to local innovation.
Big Mike's BBQ Smokehouse Closure Fuels Regional Business Boom
Big Mike's BBQ Smokehouse, a regional staple for 25 years, has closed all 15 locations, leaving 300 employees jobless and local farms without a major buyer.
Childcare Crisis Drains Local Economies, Families Face Dual Burden
Pennsylvania's child care crisis costs working families and employers approximately $6.
Outdoor Recreation Accounts for 4.1% of Wyoming's GDP in 2023
In 2023, outdoor recreation accounted for 4.1% of Wyoming's state gross domestic product (GDP).
Wartime local services boost tourism revenue past expectations
In the first quarter of 2025, Ukraine's tourism industry paid UAH 799 million in taxes, a figure 27% higher than the same period in 2021, despite the ongoing war.
Coachella, Stagecoach generate $1B, boosting economy.
The Coachella and Stagecoach festivals inject a staggering $1 billion annually into the local economy, dwarfing many traditional industries.
Local festivals could bring £10M to local economy in 2026.
Despite projections of over £10 million for the local economy in 2026, Brockwell Park faces a staggering 24 days of closure for a single series of festivals.
Marsden Services Closes Louisville Facility, 106 Jobs Lost
On April 15, a Worker Adjustment and Retraining Act Notice quietly announced that Marsden Services LLC's Louisville facility would cease operations, eliminating 106 jobs and leaving employees scrambli
Pittsburgh Welcomes New Food Establishments Amidst Community Reception
In Pittsburgh alone, April brought a noticeable surge of restaurant openings, a trend mirrored by eight new establishments announcing plans in Oklahoma City and an Argentine-Italian spot opening in Oc
How Are Upstate Public Transit Systems Funded?
Upstate New York public transit agencies are seeking an additional $75.
Mayor Gallego Highlights Phoenix's Economic Momentum and Tech Growth
Phoenix is investing $50 million into a new ASU Health building, a public commitment already attracting major private investments like a $100 million manufacturing site from Spanish biotech firm ROIS.
What Are the Benefits of Supporting Local Farmers Markets?
In West Virginia alone, farmers' markets drive an estimated $1.
Local businesses recirculate over 3 times more cash than chains
For every dollar consumers spend at a local independent business, nearly half — 48 cents — is recirculated directly into the local economy, a significant boost to community wealth and job creation.
Why Local Businesses Matter for Community Character and Economic Health
Local businesses are vital for community character and economic health, shaping neighborhoods into vibrant, interconnected places. They create jobs, foster social connections, and build a unique identity.