trends affecting economic development

Our country faces its most serious economic crisis since the great depression. Working families, who saw their incomes decline by $2,000 in the economic "expansion" from 2000 to 2007, now face even deeper income losses. Retirement savings accounts have lost $2 trillion. Markets have fallen 40% in less than a year. Millions of homeowners who played by the rules can't meet their mortgage payments and face foreclosure as the value of their homes have plummeted.

AccuWeather: Customized weather information for 55,000 worldwide cities, (p)(814)235-8650

ACCRA: Cost of living comparisons among metro areas

3D/I's Information Systems: Facility (comet) and project (impact) management software, (p) (713) 871-7000

California Academy for Economic Development is a not-for-profit, statewide center for training, education, and
research in the field of economic development. One of its primary missions is the education of state and local officials
about the critical processes, strategies, and solutions involved in improving California's communities. The Academy
focuses on providing professional training to career economic development professionals.

Economic Developers benefit from having a comprehensive working knowledge of companies that are in their area, companies that are trying to locate to their area, and companies that they would like to recruit to their area.

Angel Investor... an investor who providers equity investment to start-up businesses.

Authored on September 30, 2006