Popular in California and the Pacific Northwest where we see high population growth and prohibitive real estate prices, the fastest adopters of the tiny house movement are millennials, who are trying to establish their own space, and baby boomers / early empty-nesters that are looking to downsize.Here in Connecticut, tiny homes are more of a curiosity or novelty, and come with complications, in part due to municipal zoning regulations.
We keep hearing that Connecticut’s industries are changing – manufacturing is becoming more automated, retail is changing as goods are delivered to our doorsteps, healthcare is the fastest growing industry nationwide -- and these trends hold true here in our state. Add tariffs, global economic softening and international political turmoil and most of our community leaders are overwhelmed, to say the least. What can they do locally about any of this? Why should it matter to any of our municipal leaders?
As developers and applicants look fondly on municipalities that are streamlined and able to get development up and running quickly, the question for towns and cities becomes, how do our local land use policies incentivize and streamline economic development projects?And how does this affect the reputation of our community in the eyes of potential developers and applicants?
Wanted to share a recent success story – from our work for the Town of Seymour – that underscores the positive economic outcomes that happen when town, state, and private partners work together to find inventive solutions.
While CERC offers a wide range of services, one of our most well-known and popular offerings are the CERC Town Profiles. Covering all 169 municipalities in Connecticut, the Town Profiles offer the reader a nuanced view of the economic and demographic characteristics of each municipality, including information such as population, major employers, education, fiscal issues, labor force and housing.
The retail industry is going through a remarkable transformation - in part due to technology as well as cultural and social shifts.
In this episode of CERCONOMY, Alissa DeJonge, CERC's Vice President of Research, and Rachel Gretencord, CERC's Financial and Research Analyst, sit down to discuss the changes occurring in the retail marketplace, and what retailers need to do in order to survive - including establishing destinations where shoppers want to go and spend time - creating authentic experiences.
Global industry leader, Stanley Black & Decker and Techstars, a worldwide accelerator that helps entrepreneurs succeed, have partnered to run The STANLEY+Techstars Accelerator in Hartford. Focused on additive manufacturing and sustainable packaging solutions, they search the world for established startups that are developing innovative solutions in these areas - searching for disruptive solutions in software, hardware, or materials.
I read an article recently about America’s New Business Plan which was posted by a grassroots bipartisan initiative called Start Us Up. The article calls upon both national and state policy makers to consider the following when making decisions on business regulations and the necessity of supporting the small business community and creating a level playing field for all - an idea that resonates with me and is similarly viewed by many of the resource partners in Connecticut.
Recently, Erron Smith, CERC’s Associate Director of Business Development sat down with Alissa DeJonge, Vice President of Research, to chat about a recent conference he attended - the Industrial Asset Management Council (IAMC) Professional Forum.Held in Milwaukee, the forum brought together economic developers, service providers, and end users (companies).As a first time visitor to Milwaukee, Erron was impressed with the city’s efforts to transform the historical industrial economy and strategically utilize the existing assets, and how Connecticut, with its similar post industrial challenges, can benefit by learning from cities like Milwaukee.