New Mexico Improves Its Tax Climate

By Rachel Hamilton

New Mexico has made some big changes to its business climate, in particular making large improvements to the tax structure.

“Through the bipartisan leadership of Governor [Suzanna] Martinez, New Mexico has reduced its business tax rate by 24 percent,” says Jon Barela, cabinet secretary of the New…

03 Aug 10:44 AM 0 Read More...

Aerospace Initiatives Soar in New Hampshire

By Rachel Duran

The New Hampshire Division of Economic Development is focused on augmenting the advanced manufacturing clusters in the state, particularly the largest, aerospace manufacturing. The sector is spearheaded by a new to the world composites manufacturing product, for use in aircraft engine parts, which is being developed at…

03 Aug 10:36 AM 0 Read More...

Connecticut Legislature Bolsters Manufacturing Legacy

By Rachel Duran

The 2014 Connecticut legislative session was a productive one for economic development in the state, where two major manufacturing initiatives were signed into law.

The Connecticut Aerospace Reinvestment Act, and the Connecticut Manufacturing Innovation Fund will have a dramatic impact on manufacturing activities.

Under the Connecticut Aerospace…

03 Aug 10:35 AM 0 Read More...

South Carolina’s Job Creation Boom

By Rachel Hamilton

The big news in South Carolina is that the state pulled in $5.4 billion in investment and created 15,457 new jobs in 2013. In February of 2014, they saw the largest single-month decline in unemployment nationally.
Secretary Robert M. Hitt III of the South…

26 May 5:07 PM 0 Read More...

New York: Center of the Global Economy

By Rachel Duran

Tax reforms implemented by New York legislators and Gov. Andrew Cuomo are moving the business environment needle in the right direction. The reforms have attracted the attention of the Tax Foundation. In April, the organization released a report stating New York’s budget for FY 2014-2015…

26 May 4:56 PM 0 Read More...