The GEDC invests in projects that grow the economy and create jobs in Giddings, Texas. We are aggressively pro-business with a proven track record of helping businesses bring projects in on time and under budget. Click the map below to see the projects we have supported and how they have positively impacted our community.
No Easy Fix for Supply Chain Struggles
4 Feb 2022
News
The growing number of ships queuing outside the ports of Los Angeles and Long Beach, which are responsible for approximately 40 percent of the nation’s imports, stems from a surge in cargo that was anticipated over a year ago.
In March 2020, just one month into the pandemic, terminal operators implemented container storage programs, anticipating a short but intense spike in May 2020, when the pandemic was originally expected to end. At the height of the global health crisis, nonessential merchandise was put into storage to make way for critical cargo such as personal protective equipment, medical supplies, ventilators, and other essentials being expedited through the ports. The short but intense spike snowballed into the daunting situation we are facing today.
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It’s no secret that the recipe for economic success usually includes generous portions of innovation and technology. That has been part of the economic development story for many years in such places as Boston, Seattle, the Research Triangle, and Silicon Valley.
But just as you can find more and...
The Labor Challenges of Site Selection
Feb 2 2022You’re evaluating a new site. It checks all the boxes when it comes to the property, local infrastructure, and business climate. You have one more box to check — labor supply. You’re presented with a hodge-podge of numbers. How can you make sense of it all? And what’s the bottom...
Labor force participation rates drop when fewer people of working age are either employed or actively looking for work. According to the U.S. Bureau of Labor Statistics, the percentage of working-age people between 25 and 54 years old peaked in 1995 at 72 percent, and it has been on a...
