Vol. 3 No. 11 September 2006 |
How to subscribe: To subscribe yourself or a colleague to EDA Update, send an email with contact information, including email address, to Jason Christian at jchristian@iedconline.org.
On September 1, the government released new jobs figures – 128,000 jobs were created in August. The economy has created more than 1.7 million jobs over the past 12 months and more than 5.7 million jobs since August 2003. Our economy has now added jobs for 36 straight months. The unemployment rate is 4.7 percent, below the average of each of the past four decades.
The Economic Development Administration is proud to have been highlighted in a recent edition of the Harvard Business School’s Balanced Score Card Report. The report features an article entitled, “Renewing Strategy, Revitalizing Culture at EDA: An Interview with Assistant Secretary of Commerce for Economic Development Sandy K. Baruah.”
Energized by President Bush’s management agenda, EDA leaders adopted the Balanced Scorecard to support a strategic transformation that in short order began achieving impressive results.
In this article, Assistant Secretary of Commerce for Economic Development Sandy K. Baruah shares his perspectives on the agency’s winning approach that in 2004 won its entry into the BSC Hall of Fame.
For a copy of this report (a downloadable PDF for $9.50), visit the Harvard Business School website.
October 5, 2006 The next Economic Development Today telecast will take place on October 5 and showcase best-practice examples of regional economic development in Florida. The program will feature interviews with Florida Governor Jeb Bush and other public- and private-sector leaders who are collaborating across political boundaries to meet the challenges of 21st century economic development. Two of the regions that will be featured are the South Central Mega Region, centered in Miami, and the Tampa Bay/Clearwater/Sarasota Region. The program also will feature part of NARC’s Fifth Annual Metropolitan Regions Forum.
The guests will address topics including infrastructure (transportation, environmental, financing); linkages to the global economy; workforce development and faith-based initiatives.
Host: Matthew E. Crow, Director of Communications, EDA
Featured Guests: Coordinates:
C-band, analog: Galaxy 4R, transponder 14 To register, or if you have questions, contact Peggy Tadej at tadej@narc.org or 202-986-1032, ext 224.
U.S. Assistant Secretary of Commerce for Economic Development Sandy K. Baruah presents the 2006 U.S. Department of Commerce Economic Development Administration Excellence in Economic Development Award for Enhancing Regional Competitiveness to Catalyst Connection in Pittsburgh, Penn., on Tuesday, September 5, 2006. Pictured L-R: Charles A. Thomas, President and CEO of Solid State Measurements and Chairman of the Board of Directors for Catalyst Connection; U.S. Senator Rick Santorum; Assistant Secretary Sandy K. Baruah; Steven G. Zylstra, President and CEO of Catalyst Connection; U.S. Representative Melissa Hart; Petra Mitchell, Vice President of Operations at Catalyst Connection. U.S. Assistant Secretary of Commerce for Economic Development Sandy K. Baruah presents the 2006 U.S. Department of Commerce Economic Development Administration Excellence in Economic Development Award for Innovation to ConnectKentucky in Bowling Green, Ky., on Wednesday, August 30, 2006. Pictured L-R: Kentucky House Speaker Jody Richardson, State Senator Guthrie, Congressman Ron Lewis, ConnectKentucky CEO Brian Mefford, Assistant Secretary Baruah, Kentucky Executive Cabinet Secretary Robbie Rudolph, and Warren County Judge Executive Mike Buckanan. For more photos, visit the EDA web site Photo Gallery.
Expect the Summer 2006 edition of Economic Development America magazine to appear in your mailbox soon! The edition focuses on profiles of the EDA Excellence in Economic Development Awards 2006 winners. The Fall edition of the magazine, to be published in October, will feature “The Economic Developer’s Toolkit.” Articles will cover a range of topics of interest to economic developers – everything from business retention and expansion to financing, industry targeting, business improvement districts and more.
Story ideas are welcomed for Economic Development America. For more information, contact editor Louise Anderson at landerson@iedconline.org or (828) 350-8855. Past issues of the magazine are available at www.eda.gov/NewsEvents/Edevinfocoalition.xml.
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