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Kenan Institute 2024 Grand Challenge: Business Resilience
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Market-Based Solutions to Vital Economic Issues

economic development policy

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Building resiliency is essential for managing today's distinct risks, yet how do businesses develop the agility and adaptability that would make them more resilient? That's the focus of the 2024 Kenan Institute Grand Challenge.

North Carolina’s phenomenal migration-driven population growth masks a troubling trend: high rates of death and dying prematurely which, left unchecked, can potentially derail the state’s economic growth and prosperity in the years ahead. On average, 246 North Carolinians died each day during the 2010s, increasing to 317 daily between April 1, 2020 and July 1, 2022. COVID-19 and the substance abuse crisis have played a major role in premature deaths of prime working age citizens of the state. Both people-based and place-based strategies and interventions are urgently needed to address the state’s death crisis.

With economic growth can come growing pains, such as an increased cost of living and displacement of local businesses. An NCGrowth report examines how communities with a large manufacturer can minimize those pains.

Soon after releasing the American Growth Project’s February report on projected economic growth for U.S. midsize cities, we realized several places near the top of our rankings featured prominently in songs. Naturally, a playlist was born.

Virginia’s rapid population growth over the past three decades has been uneven, creating demographic winners and losers, and masks several demographic headwinds that will constrain future growth and competitiveness if left unaddressed, including slowing rates of total and foreign-born population growth, white population decline, deaths of despair, and declining labor force participation among prime working age males and females in the state.

Recent infrastructure legislation offers an opportunity to focus on how new projects can increase wealth in communities with the greatest needs and minimize harm to the environment, all while supporting the broader economy.

Hurricane Ian destroyed property and disrupted livelihoods in some of Florida’s largest and most rapidly growing coastal and inland counties.

Oct 28, 2022

All Economics Is Local

How the U.S. is experiencing inflation shows considerable variation from place to place.

Mark Little, executive director of the Kenan Institute-affiliated center CREATE, provided expert testimony in a process that resulted in a May 11 settlement agreement regarding contracting and hiring practices for Dominion Energy’s $9.8 billion Coastal Virginia Offshore Wind renewable energy project.

Maryann Feldman, the S.K. Heninger Distinguished Professor in the UNC Department of Public Policy and faculty director of Kenan Institute affiliated center CREATE, testified before the House Subcommittee on Research and Technology on Wednesday.

CREATE, an economic development center at the institute, worked with civic and business leaders in Rocky Mount last summer to plan a Black Business Matters District downtown in an effort to address the racial wealth gap in the area. Executive Director Mark Little will join CREATE’s Rocky Mount partners on a panel at 9 a.m. on Thursday, March 24 to share their work as part of Carolina’s Engagement Week.

The U.S. spends significantly less on child care than other developed nations, and the consequences of that spending became evident during the pandemic – particularly within underserved communities. In this week’s insight, our experts discuss why the U.S. should prioritize and fund early childhood education and care.