Pennsylvania
The Commonwealth of Pennsylvania recently announced improvements to a key economic development program, the Redevelopment Assistance Capital Program (RACP). Among other efficiencies, the Commonwealth has streamlined the application process by replacing the 22-tab Application & Business Plan with a more efficient, 10-section fillable Project Management Proposal post-award application process. Ultimately, the changes will provide a […]
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In an update to our 2018 report produced by ESI for the Pennsylvania Retirement Security Task Force, which undertook analysis of the statewide revenue and expenditure implications of insufficient retirement savings in Pennsylvania over the 2015-2030 period, we looked at updates to each category of statewide and county-level impacts for the years 2020-2035. Pennsylvania’s elderly […]
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Agriculture has been and continues to be an integral part of Pennsylvania’s economy. According to a previous report published in 2021 by ESI, “Pennsylvania’s $81.5 billion agriculture sector supported 301,900 direct jobs and $14.5 billion in labor income.” Farms are located in all 67 counties within the state, providing necessary support to all Pennsylvanians in […]
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Economic development is an increasingly complex endeavor. Communities are competing on a global scale and the rules of competition are constantly changing. Local economic development provides the cornerstone of social and business networks that propel the local economy. Because a vibrant economy cannot be taken for granted and we cannot assume that every citizen is […]
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Earlier this year Media Borough retained Econsult Solutions, Inc. (ESI), JVM Studio, a Philadelphia-based placemaking firm, and The Riddle Company, a retail consulting practice from Washington, D.C led by ESI Senior Advisor Catherine Timko, to help the borough develop an Economic Development Strategy and Implementation Plan to maintain and promote the economic health of the […]
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