Top Trends in State Economic Development

In the past two years, many states seeking to move
from economic crisis to recovery have updated their
economic development strategies and launched new
development initiatives.

Those states have generally
focused on the building blocks of their economies–
entrepreneurs and innovation, workforce, investment
climate, support for businesses in expanding their
markets, and a stronger connection between universities
and the state’s economy. Just as importantly, they
have focused on blending those elements together
to increase their state’s rate of economic growth and
provide their state’s citizens with more and better
paying jobs.

Six important trends have emerged as governors have
updated economic development strategies and introduced new initiatives in the past two years:

National Governors Association

Full Story: http://www.nga.org/files/live/sites/NGA/files/pdf/2013/1308TopTrendsinStateEconDevPaper.pdf