Stellantis and the United Auto Workers have come to a tentative agreement to expand operations in Belvidere, Illinois. The agreement includes plans to invest $4.8 billion to reopen a distribution center closed in February and potentially develop a new battery and assembly plant. REMI analysis was run by Region 1 Planning Council to determine the […]
Read MOREIndiana has experienced a significant economic transformation through strategic investments in broadband infrastructure. Between 2019 and 2023, $609 million was invested in broadband infrastructure, drawing from federal, state, and private funds. These funds were distributed through the Next Level Broadband Connections (NLC) and Indiana Connectivity Program (ICP). Using REMI PI+ and Socio-Economic Indicators (SEI), the team at the Purdue Center for Regional Development (PCRD) shed light on the profound impact of these investments on the state’s economy.
Read MORESince 2020, the world’s economy has been crippled due to the supply chain shock and labor shortages created by the Covid-19 pandemic. A new global disruption has caused the demands for commodities to soar – war. Russia stopped all international shipments of oil and gas, causing the United States of America to participate in de-globalizing […]
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