News
The US Chamber of Commerce on Monday announced a nationwide initiative to address the worker shortage in the US, calling the crisis the most critical and widespread challenge facing businesses.
The initiative, called "America Works," aims to mobilize industry and government to "swiftly address America's deepening worker shortage crisis."
"The worker shortage is rea...
After the closing of the Kroger and the PNC bank on South Limestone Street in 2020, the City of Springfield had to really reevaluate not only the needs and wants of Southside residents but also how to attract necessary businesses back to the area.
This month, the City entered a redevelopment agreement with Groceryland t...
The state of Ohio updated its list of projected job openings earlier this year.
The projections are through 2028 and also include median hourly wages for those occupations.
Read full article.
This report is a summary of third-party economic research and perspectives to foster communication with business and economic development stakeholders during the COVID-19 crisis.
Key Economic Insights
Global: WHO gives Sinopharm COVID-19 vaccine Emergency Use Listing; BioNTech to open mRNA manufacturing site in Singapore.
U.S.: The April Manufacturing PMI registered 60.7%. Births fell for th...
The travel and tourism arm of the Greater Springfield Partnership is launching a Digital Experience Passport as a way to attract more people to dozens of establishments in downtown Springfield.
The Digital Experience Passport will be launched on Wednesday and will offer exclusive discounts and incentives while encouraging people to patroniz...
This report is a summary of third-party economic research and perspectives to foster communication with business and economic development stakeholders during the COVID-19 crisis.
Key Economic Insights
Global: Global COVID-19 caseload tops 150M, including over 400,000 new cases in India.
U.S.: 2021Q1 GDP grew at an annualized 6.4%. Disposable income, consumer spending, consumer confidence, and durabl...
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It can be hard to concentrate. Even on your best days, you're surrounded by distractions. When you struggle to concentrate, you can’t focu...
When it comes to the national housing market Springfield isn’t just hot – it’s on fire.
Coming in at No. 5 on USA Today’s top 20 U.S. housing markets, homes in Clark County are averaging 3.7 views, are on the market for an average of 26 days and are maintaining a media...
COLUMBUS, Ohio (WSYX) — Ohio Lt. Gov. Jon Husted announced Tuesday the launch of the High School Tech Internship Pilot Program, which will introduce 100 high school students to technology careers and businesses in Ohio.
The pilot program was created in partnership with the Ohio Development Services Agency, the Ohio Department o...
While historically considered a “rural” practice, agriculture is strengthening its roots in urban areas across the nation in response to food insecurities and the growing desire to cultivate fresh produce.
By definition, urban agriculture is the practice of cultivating, processing, and distributing food in or around urban areas – including Springfield...
When Christina Ream put a shoutout on her Facebook business page a couple weeks ago asking if anyone would like to buy low-cost cases of flowers, she didn't expect quite the turnout she got.
Through her businesses, Community Driven, Ream had collected orders for more than 400 bouquets, for which she encourage...
When you order a salad from Fresh Abilities, it isn’t just another meal. It’s becoming a path to permanent employment for the restaurant staff.
Located in Downtown Springfield’s COhatch – The Market and launched just over a year ago, Fresh Abilities was established to create a pipeline for workers interested in the food servic...
SPRINGFIELD, OH -- The Greater Springfield Partnership recently launched a newly designed website to further strengthen its online presence and economic growth. The newly designed website is very intuitive and well-organized. The user experience is elevated to a point where everything is just one click away.
“Our old site was no...
The Chamber of Greater Springfield announced during its annual meeting on Thursday that it is rebranding and will now go by a new name.
The chamber, which represents local companies and the area’s economic interest, will now be known as the Greater Springfield Partnership. The news comes as the organization celebrate...
The Chamber of Greater Springfield is working on a new brand launch, something its leaders say has been in the works since last year. The chamber’s new name as well as how it will brand itself moving forward is slated to take place during its annual meeting next week.
“We ar...
High school graduation season is quickly approaching and seniors across Clark County are making impactful decisions about their futures. The Magnify initiative, launched in 2020, is aiming to make those life decisions easier and more meaningful for local high school students.
The Magnify initiative encourages students to “magnify” their talent an...
Attract Those Remote Workers
Dec 31 2020Did you know??
Even before the COVID-19 pandemic, 43% of the workforce worked from home at least some of the time according to Gallup data. With the pandemic, that percentage increased and many people have switched to completely remote work.
With the switch, many found a certain freedom.
In April 2020, people i...
As technology constantly and rapidly changes, many businesses find themselves unable to keep up with the advances. The reality is that digitalization promises to change the way that businesses operate, and a 2019 McKinsey Digital Quotient survey found that 93 percent of executives believe that taking advantage of digital technology is essential for accomplishing strategic goals. Digitizatio...
Businesses across the board are struggling to meet the new demands put forth due to Covid. Increasing sales while decreasing operational costs is not an easy feat. However, the country’s nearly 40,000 grocery stores, classified an essential service during the pandemic, have had to adapt quickly without any downtime.
Only about 3 to ...
As entrepreneurs, we’re always itching for growth. Although we love looking back at all we’ve accomplished, what truly excites us are the milestones ahead.
The problem is that business growth is not constant. There are hiatuses along the way, and if we don’t see the bigger picture, we can get lost in th...
If your children have outgrown their baby items, you might have wondered if you can make money by selling your gently used things. Stephanie Cartin had that thought when her daughter was eight months old. Today, she’s the co-founder of Markid. She spoke with Jessica Abo to share how her marketplace is helping parent...
10 Key Questions And Answers About SPACs
Dec 22 2020SPACs, or “special purpose acquisition companies,” are continually in the business news these days, with $50+ billion having been raised by SPACs this year alone. In fact, SPACs are estimated to become 50% of the IPO market this year. The increasing popularity of SPACs and the flexibility they provide t...
As the calendar turns to November and National Entrepreneurship Month, business owners have an opportunity to celebrate and reflect. It undoubtedly has been a taxing year for business founders, but those challenges haven’t dampened the overall entrepreneurial spirit.
Don’t believe me? Just look at the numbers. According to Yelp, Covid-19 caused mor...
Sid Sijbrandij knows the perils of working from home. In 2018, after years of toiling exclusively from a small room in his 47th-floor apartment in a San Francisco high-rise, the entrepreneur developed foot problems. So he moved in a treadmill desk alongside his Zoom-friendly green screen and three monitors.
But GitLab’s CE...
