Economic Growth

10 articles

Construction site in Western Australia at dusk, symbolizing the decline in trade apprenticeships despite high demand for skilled labor.
Trades

Western Australia sees fewer trade apprentices as demand rises

Western Australia's skilled trades pipeline has shrunk to a five-year low, with nearly 5,000 fewer apprentices and trainees enrolled since 2021.

Rick Donovan·June 24, 2026
Diverse group of Latino workers collaborating on a construction project, symbolizing economic contribution and community growth in Delaware.
Services

Delaware's Latino Community Drives Economic Growth

In Sussex County, Latino residents maintain a robust labor force participation rate averaging 67.

Rick Donovan·May 6, 2026
Futuristic Shenzhen skyline with advanced humanoid robots and automated vehicles, symbolizing the city's booming robotics sector and technological innovation.
Services

Shenzhen Robotics Sector Achieves Record Growth in 2025

In 2025, Shenzhen's UBTECH Robotics Corp saw its revenue from full-size embodied intelligent humanoid robot products and services skyrocket by an astonishing 2,203.

Rick Donovan·April 26, 2026
Diverse skilled tradespeople working on a large-scale construction project, symbolizing the critical need for a robust workforce.
Trades

US Skilled Trades Crisis Threatens Economic Growth

By 2030, the U.S. faces a deficit of nearly 1.4 million skilled trade workers, a looming crisis that could stall critical infrastructure and economic growth, according to bringbackthetrades. This proj

Rick Donovan·April 21, 2026
Diverse entrepreneurs networking and showcasing at a vibrant local business expo, symbolizing community commerce and economic growth.
Services

Local Businesses Expand Offerings, Recent Expo Showcases Growth

A program in Washington D.

Rick Donovan·April 16, 2026
Diverse tradespeople, including carpenters, electricians, and plumbers, working on a construction site, symbolizing private sector investment in skilled labor.
Trades

Beyond the Press Release: Why Large Private Sector Investments Are Crucial for Trades

Lowe's recent $250 million investment to train 250,000 tradespeople is a critical model for how large private sector capital can sustainably address the nation's escalating skilled trades gap, vital for economic growth and infrastructure development.

Rick Donovan·April 9, 2026
A vibrant, cinematic overhead view of a bustling Cobb County street, showcasing diverse new businesses with bright signs, symbolizing economic growth and the addition of 42 new service industry licenses.
Industry

Cobb County Adds 42 New Business Licenses Across Service Industries

Cobb County recently approved 42 new business licenses for a wide range of service industries. This expansion includes professional services, restaurants, and personal care, indicating robust local economic activity.

Rick Donovan·April 5, 2026
A dynamic image showing various service vehicles like landscaping trucks and HVAC vans in a thriving Cobb County urban setting, symbolizing new business growth and economic activity.
Services

Cobb County Reports 42 New Business Licenses Increase Amid Service Sector Activity

Cobb County, GA, has issued 42 new business licenses, including for landscaping and HVAC contractors. Concurrently, a new subscription-based home maintenance plan covering HVAC, plumbing, and electrical has launched in Alabama, signaling a shift in service models.

Ben Foster·April 5, 2026
Local service professionals stand before a glowing US map, symbolizing business expansion into Delaware, North Texas, and Illinois, highlighting skilled trades growth.
Services

Local Service Companies Announce Expansions Across US Regions

Several local service companies are announcing expansions across multiple U.S. regions, signaling targeted growth in home and commercial maintenance sectors. These moves highlight specific areas of consumer demand within skilled trades.

Rick Donovan·April 4, 2026
Diverse students learning welding, carpentry, and electrical skills in a modern vocational training center, highlighting hands-on education and mentorship for skilled trades.
Industry

Vocational Training Is Not Just an Option; It's the Only Viable Fix for the Skilled Trades Gap

The skilled trades gap is a critical issue impacting infrastructure and economic growth. Vocational training offers the only viable solution by providing hands-on experience and fostering a culture of safety and precision.

Ben Foster·March 30, 2026