Learn more about household inflation expectations and its relationship with oil prices here!
DALLASFED.ORG
A New View of the Relationship Between Oil Prices, Gasoline Prices and Inflation Expectations
The Midland Development Corporation's next board meeting will be held on October 5 at 10AM at the Midland Chamber of Commerce board room, 303 West Wall Street, Suite 200. As always, the meeting is open to the public and all are welcome to join.
Learn about the various options and resources you have for job training and employment with the link below!
NEWSWEST9.COM
Texas will pay for you to get job training
Recovery can be robust and rapid for the U.S. if we're able to keep our 10-plus year expansion intact, according to Dr. Ray Perryman.
OAOA.COM
THE ECONOMIST: Structure of the economy
The price of oil held relatively stable in July and August. Brent crude averaged $45 per barrel in August, Houston was at $43 and West Texas Intermediate (WTI) crude priced in Midland, Texas, averaged $42.
DALLASFED.ORG
Energy Indicators, September 2020
According to a U.S. Bureau of Labor Statistics report, Texas's unemployment rate fell from 8% in July to 6.8% in August, a sign the state's economy has improved from the spring months.
TEXASTRIBUNE.ORG
August unemployment rate in Texas drops to 6.8%, lowest level since coronavirus shutdowns
Did you know we offer a GIS Planning Tool right on our website? Try it out! You can see all of the available properties right here. Sort by property type, size, zoning and more--to determine if a property meets your criteria.
MIDLANDTXEDC.COM
Available Properties
“TxDOT values MDC and its input, both financial and informational.” https://www.midlandtxedc.com/news-and-resources/p/item/29028/mdc-invests-millions-in-midland-infrastructure-projects For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
In light of the global pandemic and subsequent rise in e-commerce, companies are re-examining their supply chains, inventories, and necessary warehouse/distribution space. https://bit.ly/2EUY61Q For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
Thank you for the great work you do, Texas Tech University Health Sciences Center at the Permian Basin! We're grateful for your partnership.
Texas Tech University Health Sciences Center at the Permian Basin
October 7 at 1:53 PM ·
"Lack of primary care physicians has been a long-term challenge in Midland and across the Permian Basin. Versatility and cost-effective training for PAs allows for the amplification of the care delivery for primary physicians, increasing the availability of healthcare.
The presence of TTUHSC's PA program in Midland helps attract young families to a community with sufficient medical care, and keep them here long-term while addressing Business and industry assess quality and availability of medical care for their employees prior to expanding in a community.
This program puts Midland at an advantage for business recruitment and is a must-have."
- John Trischitti III
Executive Director, Midland Development Corporation
#TTUHSCPermianBasin #NationalPAWeek #SHPRedRaider
The need for training surges in the midst of pandemic. https://bit.ly/35iumqR For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
A recent economic study by The Perryman Group shows that UTPB - The University of Texas Permian Basin graduates who remain in our region make an impact of $18.3 billion a year in expenditures and $6.5 billion a year in gross product. UTPB is an educational cornerstone of our community, and the MDC is proud to be a partner.
OAOA.COM
UTPB reports record enrollment
On Tuesday, Kepler Aerospace gave a tour of the Midland Altitude Chamber Complex, which is part of the premises they lease from the MDC. Kepler Aerospace is a great addition to the Spaceport Business Park, and it's fantastic to see growth and development in Midland's space industry. Learn more about the Spaceport Business Park here: https://www.midlandtxedc.com/spaceport-business-park
"With our diverse energy resources and Texas' entrepreneurial and innovative culture, the state's future as a world leader in energy production is sound." Learn more about how important it is to have a diversified economy in Texas here.
HOUSTONCHRONICLE.COM
Comment: Diverse resources and stable energy policies will get Texas economy back on track
The Lone Star state tops the charts for its superior business climate! https://bit.ly/3ceKs65 For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
The Real Estate Center's latest report shows the Texas Weekly Leading Index took a modest step backward the week ending Oct. 3. The index's overall trend indicates economic activity continues to improve, and the state's economy is on the path to recovery. Learn more about their projections on the Texas' economy with the link below.
RECENTER.TAMU.EDU
Article - Real Estate Center
With many traditional job fairs restricted due to COVID-19, Workforce Development Boards across Texas are sponsoring virtual job fairs. Workforce Solutions Permian Basin will be hosting several in the upcoming months — October 15, November 5, November 19, and December 3. Find out more with the link below.
TWC.TEXAS.GOV
Virtual Job Fairs | Texas Workforce Commission
Investing in the nation’s infrastructure can provide an immediate economic boost and create jobs, but its greatest value lies in supporting economic competitiveness over the long term. https://bit.ly/2F2JtK4 For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY
The industry cluster in the Midland, TX MSA with the highest relative concentration is Coal/Oil/Power with a location quotient of 30.66. This cluster employs 31,148 workers in the region with an average wage of $121,701. Employment in the Coal/Oil/Power cluster is projected to expand in the region about 3.1% per year over the next ten years.
Learn more about Midland's workforce at https://www.midlandtxedc.com/workforce.
The global pandemic has altered the talent landscape and forced a new world of work, which requires a new way of finding and rehiring talent. Check out four ways to successfully rehire and build your talent pipeline for 2021.
FORBES.COM
Council Post: The Great Rehiring: Four Tips For Finding Talent After The Pandemic
The U.S. economy continues to generate new jobs, with the latest report showing a modest gain of 661,000. The unemployment rate has decreased from 14.7 percent in April to 7.9 percent last month. Additionally, the recovery has been decidedly uneven - learn why at the link below.
OAOA.COM
THE ECONOMIST: K-shaped recovery
Governor Greg Abbott recently issued a statement after a new survey of U.S. corporate executives ranked Texas the number one state for business for the eighth consecutive time since 1996.
GOV.TEXAS.GOV
Governor Abbott Celebrates Texas Being Ranked Best State For Business For Eighth Consecutive Time
Have you explored our business resources yet? We offer different tools for existing and new businesses to build their strategy. This includes everything from our available properties interactive map to information on major employers, demographics, and industry data. Let us help you take advantage of the great opportunities around our city!
MIDLANDTXEDC.COM
Business Resources
From 2018 to 2021 approximately $117 million of highway funding will be spent on infrastructure projects within Midland. The MDC is contributing $10.3 million to these projects https://www.midlandtxedc.com/news-and-resources/p/item/29028/mdc-invests-millions-in-midland-infrastructure-projects For more #MidlandTXNews click here https://bit.ly/2X1DjgY #EconomicDevelopment
Due to ongoing COVID-19 concerns, MDC's November 2nd board meeting will be held remotely.
Join from a PC, Mac, iPad, iPhone or Android device:
Please click this URL to join. https://us02web.zoom.us/j/83868466950?pwd=ZXI1alVzbVBGYW1PVnc4WjdRWUlkdz09
Passcode: 859780
Or join by phone:
Dial(for higher quality, dial a number based on your current location):
US: +1 346 248 7799 or +1 253 215 8782 or +1 669 900 9128 or +1 301 715 8592 or +1 312 626 6799 or +1 646 558 8656
Webinar ID: 838 6846 6950
Passcode: 859780
International numbers available: https://us02web.zoom.us/u/k2MVVR7Hi
As companies look to make decisions on ramping up operations post–COVID-19, they can look to data that provide insight on specific locations’ pandemic-related risks. https://bit.ly/30EZZYo For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
The Texas Workforce Commission has released September 2020 employment statistics. The unemployment rate for the Midland MSA rose from to 8.1% to 9.6%. The unemployment rate for the Permian Basin Workforce Development Area rose from 8.8% to 10.5%.
Learn more about Midland's workforce at https://www.midlandtxedc.com/workforce.
One of the most crucial and beneficial aspects of a site selection process is identifying and evaluating incentives opportunities from local, state, and federal programs. https://bit.ly/3ljR1b8 For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
The Texas Workforce Commission has released the October 2020 Texas Labor Market Review. Monthly indicators include an increase of unemployment by 8.3% and an increase of industry employment by 40,700. Learn more about the most current labor market highlights and happenings across the Lone Star State here.
TEXASLMI.COM
texaslmi.com
Have you signed up for our monthly newsletter yet? It's a great way to get new data and learn about our current projects. Visit the link below to sign up!
MIDLANDTXEDC.COM
Newsletter Sign Up
Communities that use the current crisis to reimagine their solutions to the talent shortage should land on top of a site selector’s list of prospective locations. https://bit.ly/30FA7eX For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
Workforce Solutions Permian Basin is hosting their annual statewide Red, White, & You Hiring event for vets and their spouses, and the general job seeker public. The virtual event will be held on on Nov 5. from 9:00 am – 5:00 pm. If you're an employer or job seeker looking to participate, register at the links below.
For jobseekers: https://portal.premiervirtual.com/event/register-jobseeker/1608-white-veteran-fair-permian-basin
For employers: https://portal.premiervirtual.com/event/register-company/1608-white-veteran-fair-permian-basin
At MDC's November board meeting, the MDC received an update on our physician recruitment partnership with Midland Memorial Hospital. This year, 11 physicians have been recruited, who will support 187 jobs and nearly $1.4 million in local and state tax revenues. We're excited for the success of this program, and are grateful for our partnership with Midland Health to support Midland's healthcare.
MRT.COM
MDC board hears update on physician recruitment efforts
Did you know 17 of the 20 largest aerospace manufacturers in the world have operations in Texas? Learn more about how the aerospace industry is taking off in Texas from Texas Economic Development!
Texas Economic Development
November 3 at 6:29 PM ·
Texas is at the forefront of the #aerospace, #aviation & #defense arena. DYK? 17 of the 20 largest aerospace manufacturers in the world have operations in Texas! Download our new one-pager for a deeper look into this flourishing Texas industry: https://bit.ly/3jUlziv
Where should aerospace focus production during a prolonged recovery — and for the long haul? Find out here! https://bit.ly/30EKos5 For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
Considering moving to Midland? Compare Midland with any other community side by side to view demographic data. Our GIS Planning tool makes it easy to determine which communities meet your business needs.
MIDLANDTXEDC.COM
Compare Communities
InterFlight Global Corporation has been retained by the MDC to help recruit companies who are active in this space. https://bit.ly/31FVJbG For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
The MDC has partnered with Midland Memorial Hospital since 2015 to recruit and retain physicians. This year alone, Midland Health has recruited 11 physicians in key positions to enhance health care availability in Midland.
NEWSWEST9.COM
Midland Development Corporation, Midland Health working together to recruit doctors
Here are five common ways to fund a small business beyond personal savings! https://bit.ly/3jH3KnK For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
The Texas housing market has been unexpectedly robust in 2020, Real Estate Center data show. See below for a look into the home price index of Texas' cities.
RECENTER.TAMU.EDU
NewsTalk Texas - Real Estate Center
Investing in the nation’s infrastructure can provide an immediate economic boost and create jobs! https://bit.ly/2F2JtK4 For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
Curious about the MDC's history? Explore our projects over the years, and view our commitment to transparency with a decade’s worth of audits and annual reports accessible right on our website.
MIDLANDTXEDC.COM
Organizational Resources
When you're hunting for a new job, the biggest challenges are always knowing where to start, how to get organized, and figuring out the most effective way to approach your job search. Check out Forbes latest article on a structure and approach that can maximize your ability to land a new job.
FORBES.COM
How To Strategize Your Job Search
This is what smaller Texas communities can learn from startups about COVID-19 economic recovery. https://bit.ly/2FPnxCT For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
The Midland County housing market dominated other West Texas markets and held its own with some of the more populated counties in the state, with the median price for a home being $305,000 in September. Check out the details from the The Midland Reporter-Telegram below.
MRT.COM
Midland homes prices hold their own across the state
Where should aerospace focus production during a prolonged recovery — and for the long haul? Read here to find out! https://bit.ly/30EKos5 For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
Texas Oil and Gas Association recently announced that oil companies employed 170,500 workers in the state in September, which is an increase of 700 oil and gas extraction jobs for the month – the first increase since the pandemic started in March.
PBOILANDGASMAGAZINE.COM
Employment rebounds in Texas oil and gas industry in September - Permian Basin Oil and Gas Magazine
Make your next pitch instantly more compelling by using this one philosopher's framework! https://bit.ly/33FJQnq For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
Governor Abbott issued a statement of support for Senator John Cornyn’s ‘Eliminate the Digital Divide Act’ broadband legislation. https://bit.ly/3kxvGep For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
Despite changes brought by the COVID-19 pandemic, the states across the South seem to have all their ducks in a row when it comes to attracting business! https://bit.ly/37jTpuG For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
Texas' homeownership rate is at an all-time high of 70 percent, according to the latest Texas Housing Insight report from the Real Estate Center at Texas A&M University. The state rate exceeds the nation's 67.4 percent for the first time since 2012.
RECENTER.TAMU.EDU
NewsTalk Texas - Real Estate Center
Texas is expecting a tremendous amount of potential corporate relocations and expansions in the pipeline! https://bit.ly/35p0VSa For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
Email marketing is still one of the most powerful tools to take your business to the next level. Read more about it here. https://bit.ly/3pCQ0h3 For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
The Texas Workforce Commission has released their latest Texas Labor Market Review for the month of October. This report includes data on nonagricultural job trends, the labor force, job postings, and other relevant indicators for both the state and sub-state areas. Some highlights for October reveal a 6.9% decrease in Texas' unemployment rate, and 118,100 increase in industry employment.
TEXASLMI.COM
texaslmi.com
Use these tips on how to scale your business in tough times! https://bit.ly/32Srqzb For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
"The Midland labor market already has a viable labor force, including petroleum engineers, electrical engineers, you have a highly-skilled workforce," John Trischitti, Executive Director of MDC, said. "If you have an economic downturn, the aerospace industry offers those possibilities because they need that high-level skill and they can be retrained for the aerospace industry."
Learn more about how the Spaceport is developing and growing with the link below!
NEWSWEST9.COM
NewsWest 9 EXCLUSIVE: Sky is the Limit
This is how site selection can help meet corporate social responsibility commitments. https://bit.ly/3j4kt3W For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
The Perryman Group released the September 2020 Midland and Permian Basin Economic Indices, showing a slight decrease in values after several months of recovery from April and May's pandemic-related declines. Learn more and read the full report at the link below.
https://www.midlandtxedc.com/about/organizational-resources/?cat=economy&sort=name&keyword=
MIDLANDTXEDC.COM
Organizational Resources
These 5 creative approaches are used to gain the attention of businesses. https://bit.ly/31qla0W For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
UTPB's vision for the incubator program includes biomedical research, a natural resource center and cyber security center. The facility would also host weekend boot camps, entrepreneurial meetings and mentoring programs, workforce training sessions and offices that could be leased by startup companies.
MRT.COM
UTPB president details incubator plan for MDC board
The Midland Reporter-Telegram
December 8 at 9:00 PM ·
Members of the board of directors of the Midland Development Corp. on Monday received an update on a portion of their $10 million commitment to the University of Texas Permian Basin.
The Midland Reporter-Telegram
December 8 at 9:00 PM ·
Members of the board of directors of the Midland Development Corp. on Monday received an update on a portion of their $10 million commitment to the University of Texas Permian Basin.
At the MDC board meeting yesterday, we received an update from UTPB - The University of Texas Permian Basin's President Dr. Sandra Woodley on the UTPB's Incubator and Makerspace Program. UTPB's current academic impact shows that student enrollment is up 20%, new graduate student enrollment is up 63%, and UG transfer students are up 38%. "UTPB is once again being recognized by U.S. World News and Report as one of the best universities in the nation for social mobility, ranked as a top public school, and recognized as one of the best regional universities." We're proud to partner with UTPB to make the program a success.
UTPB.EDU
Error 404 - Page Not Found - The University of Texas Permian Basin | UTPB
Texas Tech University Health Sciences Center at the Permian Basin with Midland Development Corporation.
Paid Partnership ·
#ThrowBackThursday to our Texas Tech Physicians Psychiatry Clinic in Midland Ribbon Cutting! It's been 2 years since we opened our doors to a new facility to help serve the Permian Basin on all mental and behavioral health initiatives. #TTUHSCPermianBasin
Here are 5 tips that entrepreneurs can use to better serve their potential customers! https://bit.ly/2U1I0HO For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
The Texas Weekly Leading Index increased the last week of November, and the overall trend continues to indicate the state's economy is on the path to recovery. #econdev #covid19 #texaseconomy
RECENTER.TAMU.EDU
Article - Real Estate Center
According to a new release from the U.S. Bureau of Economic Analysis, Midland County had the fastest growing GDP of any medium-sized county in 2019. The mining, quarrying, and oil and gas extraction industry (primarily oil and gas extraction) was the leading contributor to the county's growth.
BEA.GOV
Gross Domestic Product by County, 2019 | U.S. Bureau of Economic Analysis (BEA)
The U.S. government launched a $25M initiative aimed at entrepreneurs to help during the pandemic. https://bit.ly/3pDl28J For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
Microsoft has established a new digital alliance with the state of Texas to expand education and skilling opportunities! https://bit.ly/3kE7Yw3 For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
The Perryman Group released the September 2020 Midland and Permian Basin Economic Indices, showing a slight decrease in values after several months of recovery from April and May's pandemic-related declines. Learn more and read the full report at the link below.
https://www.midlandtxedc.com/about/organizational-resources/?cat=economy&sort=name&keyword=
MIDLANDTXEDC.COM
Organizational Resources
These 5 creative approaches are used to gain the attention of businesses. https://bit.ly/31qla0W For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
Our tenants at the Midland International Air & Space Port Business Park, AST & Science, will be going public with New Providence SPAC through a deal that values the space company at $1.8 billion. AST will list on the Nasdaq under the ticker symbol ASTS when the deal closes. The satellite broadband specialists are launching a space-based satellite network that allows any phone to connect directly to satellite.
CNBC.COM
Satellite-to-smartphone broadband company AST & Science to go public through a SPAC
Here are five predictions for the manufacturing industry in 2021! https://bit.ly/3auYulh For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
The Railroad Commission's preliminary oil production report from September showed the Permian Basin counties made up the top five counties and nine of the top 10 in terms of oil production.
MRT.COM
RRC: Permian counties account for Texas’ top five for production
Businesses have adopted new processes and technologies—and there are signs that they may pay off. Learn more with the link below!
ECONOMIST.COM
The pandemic could give way to an era of rapid productivity growth
The Texas Weekly Leading Index increased the last week of November, and the overall trend continues to indicate the state's economy is on the path to recovery. #econdev #covid19 #texaseconomy
RECENTER.TAMU.EDU
Article - Real Estate Center
According to a new release from the U.S. Bureau of Economic Analysis, Midland County had the fastest growing GDP of any medium-sized county in 2019. The mining, quarrying, and oil and gas extraction industry (primarily oil and gas extraction) was the leading contributor to the county's growth.
BEA.GOV
Gross Domestic Product by County, 2019 | U.S. Bureau of Economic Analysis (BEA)
The MDC is proud to support the CEED Incubator and entrepreneurs within our community. https://bit.ly/3nVBmAs For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
Here are some tips for recruiting and retaining today’s manufacturing workforce! https://bit.ly/2VlHtkZ For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
Don’t attempt a manufacturing site and facility master plan without these “must haves.” https://bit.ly/3msDvTy For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
Midland's restaurant and food scene has continued to expand this year despite the difficulties of the pandemic. During 2020, Midland got four new coffee shops, and a variety of restaurants including Pi Social and Juji's Kitchen. We're excited to see many small businesses taking off and building our local economy! Check out the link below for the full list and be sure to stop by to support local!
MRT.COM
Small Bites: Midland gains four coffee shops, 10 eateries in 2020
Our tenants at the Midland International Air & Space Port Business Park, AST & Science, will be going public with New Providence SPAC through a deal that values the space company at $1.8 billion. AST will list on the Nasdaq under the ticker symbol ASTS when the deal closes. The satellite broadband specialists are launching a space-based satellite network that allows any phone to connect directly to satellite.
CNBC.COM
Satellite-to-smartphone broadband company AST & Science to go public through a SPAC
Here are five predictions for the manufacturing industry in 2021! https://bit.ly/3auYulh For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
Companies and communities must continue to invest in and destigmatize vocational training in order to bridge the manufacturing skills gap. https://bit.ly/3fZYo6a For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
The Permian Basin rig count is up 44 percent as of Dec. 11 from the 2020 low of 117 rigs in August. Texas' rig count has increased for eight straight weeks.
PBOILANDGASMAGAZINE.COM
Permian rig count up 44 percent since 2020 low, Texas count up 55 percent - Permian Basin Oil and Gas Magazine
The Texas Workforce Commission has released their latest Texas Labor Market Review for the month of November. Some highlights for November reveal an 8.1% unemployment rate, and an increase to 61,000 in industry employment.
https://texaslmi.com/downloads/tlmr_current_edition.pdf
The MDC is proud to support the CEED Incubator and entrepreneurs within our community. https://bit.ly/3nVBmAs For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
Here are some tips for recruiting and retaining today’s manufacturing workforce! https://bit.ly/2VlHtkZ For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
Don’t attempt a manufacturing site and facility master plan without these “must haves.” https://bit.ly/3msDvTy For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
Are you looking for employment? Workforce Solutions Permian Basin is hosting a virtual job fair on January 14 from 9am to 5pm. There is no cost to participate but registration is required! To attend, sign up at https://portal.premiervirtual.com/event/register-jobseeker/3085-january-14th-virtual-fair
Use these tips on how to poise your business for success (and survival) in the Covid economy! https://bit.ly/2KIvnjQ For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
Outdoor collaboration zones can provide workers with a sense of safety and return to “normal” in a post-COVID-19 world. https://bit.ly/38Vr0Mf For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
The CEED incubator will be a hub of entrepreneurism and innovation, with entrepreneurs having access to support offered by the Small Business Development Center and UTPB. https://bit.ly/3nVBmAs For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
An e-commerce growth surge sparks a logistics free-for-all! https://bit.ly/37nOlDX For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
Companies and communities must continue to invest in and destigmatize vocational training in order to bridge the manufacturing skills gap. https://bit.ly/3fZYo6a For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
The Perryman Group released the October 2020 Midland and Permian Basin Economic Indices. The report showed index values were up after a slight decline in September, and that all industry groups improved. Learn more and read the full report at the link below.
https://www.midlandtxedc.com/about/organizational-resources/?cat=economy&sort=publishDate&keyword=
Read about the Texas Economic Development Act and the industries that it will benefit. https://bit.ly/2KGFfKO For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
At the CEED incubator entrepreneurs will have access to business consulting and support, educational seminars, networking events, and the University’s technology and tools. https://bit.ly/3nVBmAs For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
Texas Economic Development Corporation
December 21, 2020 at 4:00 PM ·
In 2020, Texas continued to outpace the nation in economic growth, as demonstrated by indicators from employment to exports. Here are a few of our top stats from 2020.
Jacob Morgan identified the skills and mindsets that leaders must possess if they want to lead themselves, their people and their organizations to success. Get to know them! https://bit.ly/3oqSjmj For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
FUTUREOFWORKUNIVERSITY.COM
Leadership Development | Employee & Customer Experience Training
Are you looking for employment? Workforce Solutions Permian Basin is hosting a virtual job fair on January 14 from 9am to 5pm. There is no cost to participate but registration is required! To attend, sign up at https://portal.premiervirtual.com/event/register-jobseeker/3085-january-14th-virtual-fair
With the new year upon us, it's time to reassess business plans and set goals for this year. Check out this Forbes list of resolutions every small business owner should consider.
FORBES.COM
Four Small Business New Year’s Resolutions For Success In 2021
The Perryman Group released the October 2020 Midland and Permian Basin Economic Indices. The report showed index values were up after a slight decline in September, and that all industry groups improved. Learn more and read the full report at the link below.
https://www.midlandtxedc.com/about/organizational-resources/?cat=economy&sort=publishDate&keyword=
Read about the Texas Economic Development Act and the industries that it will benefit. https://bit.ly/2KGFfKO For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
At the CEED incubator entrepreneurs will have access to business consulting and support, educational seminars, networking events, and the University’s technology and tools. https://bit.ly/3nVBmAs For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
Texas Economic Development Corporation
December 21, 2020 at 4:00 PM ·
In 2020, Texas continued to outpace the nation in economic growth, as demonstrated by indicators from employment to exports. Here are a few of our top stats from 2020.
Jacob Morgan identified the skills and mindsets that leaders must possess if they want to lead themselves, their people and their organizations to success. Get to know them! https://bit.ly/3oqSjmj For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
FUTUREOFWORKUNIVERSITY.COM
Leadership Development | Employee & Customer Experience Training
These are the 5 ways COVID-19 changed site selection! https://bit.ly/2KyaBnh For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
Going into 2021, here are some trends that Founder and CEO at Purple Squirrel Advisors, Carrie Schochet, says you can expect to see.
FORBES.COM
Council Post: 10 Workplace Trends To Watch For In 2021
Read the 2021 regional workforce development rankings! https://bit.ly/3p33ZfA For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
With the new year upon us, it's time to reassess business plans and set goals for this year. Check out this Forbes list of resolutions every small business owner should consider.
FORBES.COM
Four Small Business New Year’s Resolutions For Success In 2021
The Perryman Group released the October 2020 Midland and Permian Basin Economic Indices. The report showed index values were up after a slight decline in September, and that all industry groups improved. Learn more and read the full report at the link below.
https://www.midlandtxedc.com/about/organizational-resources/?cat=economy&sort=publishDate&keyword=
Read about the Texas Economic Development Act and the industries that it will benefit. https://bit.ly/2KGFfKO For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
These are the 4 ways your company can have great success in 2021! https://bit.ly/3o1ARny For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
Read about the five essential elements of a marketing plan for a small business. https://bit.ly/35Y8Qay For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
These are the 5 ways COVID-19 changed site selection! https://bit.ly/2KyaBnh For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
Going into 2021, here are some trends that Founder and CEO at Purple Squirrel Advisors, Carrie Schochet, says you can expect to see.
FORBES.COM
Council Post: 10 Workplace Trends To Watch For In 2021
Read the 2021 regional workforce development rankings! https://bit.ly/3p33ZfA For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
With the new year upon us, it's time to reassess business plans and set goals for this year. Check out this Forbes list of resolutions every small business owner should consider.
FORBES.COM
Four Small Business New Year’s Resolutions For Success In 2021
Use these tips on how to protect your small business against fraud. Here are three steps you can follow to boost your security and keep scammers at bay. https://bit.ly/396geCJ For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
Entrepreneurs, here's why 2021 is the right time to start your new business! https://bit.ly/3qDgeQh For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
These are the 4 ways your company can have great success in 2021! https://bit.ly/3o1ARny For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
Read about the five essential elements of a marketing plan for a small business. https://bit.ly/35Y8Qay For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
These are the 5 ways COVID-19 changed site selection! https://bit.ly/2KyaBnh For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
Going into 2021, here are some trends that Founder and CEO at Purple Squirrel Advisors, Carrie Schochet, says you can expect to see.
FORBES.COM
Council Post: 10 Workplace Trends To Watch For In 2021
The Austin Chamber of Commerce was awarded the national Deal of the Year award for bringing Tesla to Texas! https://bit.ly/3sCF30J For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
The Midland Development Corporation works to strengthen and diversify Midland's economy. MDC's board members are community leaders who are passionate about our city's growth and economic future. Are you interested in joining the MDC's board of directors? Applications and instructions can be found here: https://www.midlandtexas.gov/243/Boards-Commissions
Read here for some tips on how to include remote workers in your workforce attraction strategy. https://bit.ly/3qmKPle For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
Executive Director, John Trischitti, talked with CityRevive to discuss how Midland is diversifying its workforce and powering through COVID-19.
Read the full article here.
CityRevive
February 9 at 7:27 PM ·
Covid and Weak Oil Prices Pummel Midland, TX—For Now: Executive Director John Trischitti reveals how the city is diversifying away from oil and gas and what it is doing to power through Covid. http://city-revive.com/midland-tx/covid-and-weak-oil-prices-pummel-midland-txfor-now
#midlanddevelopmentcorporation #midlandtx #oilandgas #economicdiversification #spaceport #incubatormakerspace #UTPB #midlandcollege @MidlandTXEDC
Here are 5 reasons why good leaders must be great followers. https://bit.ly/35VJwlu For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
Use these tips on how to protect your small business against fraud. Here are three steps you can follow to boost your security and keep scammers at bay. https://bit.ly/396geCJ For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
Making its mark in Central Texas, Amazon is investing $250 million in Pflugerville, bringing 1,000 new full-time jobs and building a 3.8 million-square-foot fulfillment center. https://bit.ly/38ZhgjK For more #MidlandTXNews click here https://bit.ly/2X1DjgY #EconomicDevelopment
The Austin Chamber of Commerce was awarded the national Deal of the Year award for bringing Tesla to Texas! https://bit.ly/3sCF30J For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
The Midland Development Corporation works to strengthen and diversify Midland's economy. MDC's board members are community leaders who are passionate about our city's growth and economic future. Are you interested in joining the MDC's board of directors? Applications and instructions can be found here: https://www.midlandtexas.gov/243/Boards-Commissions
Read here for some tips on how to include remote workers in your workforce attraction strategy. https://bit.ly/3qmKPle For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
Executive Director, John Trischitti, talked with CityRevive to discuss how Midland is diversifying its workforce and powering through COVID-19.
Read the full article here.
CityRevive
February 9 at 7:27 PM ·
Covid and Weak Oil Prices Pummel Midland, TX—For Now: Executive Director John Trischitti reveals how the city is diversifying away from oil and gas and what it is doing to power through Covid. http://city-revive.com/midland-tx/covid-and-weak-oil-prices-pummel-midland-txfor-now
#midlanddevelopmentcorporation #midlandtx #oilandgas #economicdiversification #spaceport #incubatormakerspace #UTPB #midlandcollege @MidlandTXEDC
Here are 5 reasons why good leaders must be great followers. https://bit.ly/35VJwlu For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
Last week, Physician Assistant students from the TTUHSC program assisted with Midland Memorial's vaccine drive-thru at Casa de Amigos. MDC has an agreement with TTUHSC to help expand their PA program in Midland, making efforts like these possible.
"Outer Space and a Makerspace Will Launch Midland, TX into New Spheres: Investments in new industries and a breeding ground for entrepreneurs will help the city peel itself away from oil." http://city-revive.com/midland-tx/outer-space-and-a-makerspace-will-launch-midland-tx-into-new-spheres/
CITY-REVIVE.COM
Outer Space and a Makerspace Will Launch Midland, TX into New Spheres
Making its mark in Central Texas, Amazon is investing $250 million in Pflugerville, bringing 1,000 new full-time jobs and building a 3.8 million-square-foot fulfillment center. https://bit.ly/38ZhgjK For more #MidlandTXNews click here https://bit.ly/2X1DjgY #EconomicDevelopment
The Austin Chamber of Commerce was awarded the national Deal of the Year award for bringing Tesla to Texas! https://bit.ly/3sCF30J For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
The Midland Development Corporation works to strengthen and diversify Midland's economy. MDC's board members are community leaders who are passionate about our city's growth and economic future. Are you interested in joining the MDC's board of directors? Applications and instructions can be found here: https://www.midlandtexas.gov/243/Boards-Commissions
Read here for some tips on how to include remote workers in your workforce attraction strategy. https://bit.ly/3qmKPle For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
The new administration’s “Made in America” Executive Order may provide the impetus for those companies considering U.S. manufacturing projects to proceed. https://bit.ly/3dy3qHF For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
Midland Development Corporation is a proud supporter of the UTPB College of Engineering and its 3rd floor. We are excited for the future of their programs and the impact they will have on education, students, and our community.
Last week, Physician Assistant students from the TTUHSC program assisted with Midland Memorial's vaccine drive-thru at Casa de Amigos. MDC has an agreement with TTUHSC to help expand their PA program in Midland, making efforts like these possible.
"Outer Space and a Makerspace Will Launch Midland, TX into New Spheres: Investments in new industries and a breeding ground for entrepreneurs will help the city peel itself away from oil." http://city-revive.com/midland-tx/outer-space-and-a-makerspace-will-launch-midland-tx-into-new-spheres/
CITY-REVIVE.COM
Outer Space and a Makerspace Will Launch Midland, TX into New Spheres
This is where talent is migrating to — and from! https://bit.ly/2O0UvUw For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
Midland has resources for everyone, including healthcare for everyone. Midland Community Healthcare Services operates 3 clinics to provide affordable and accessible healthcare to families with limited resources. Learn more about MCHS here: https://midlandchs.org/
Did your employees drift apart in a difficult 2020? Try these tactics to bring the team back together. https://bit.ly/3ayiIuc For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
In the case of more restrictive drilling on federal land in New Mexico, the energy industry in Texas will require between 5,400 and 7,400 more workers. The ramifications of the shift extend to increased support and corporate jobs in Texas, with secondary effects on local retail and hospitality sectors.
Read more about the anticipated federal restrictions here: https://www.dallasfed.org/research/economics/2021/0304?utm_source=cvent&utm_medium=email&utm_campaign=energy
DALLASFED.ORG
Anticipated Federal Restrictions Would Slow Permian Basin Production
Here are 4 keys tips for startup success in crowded markets! https://bit.ly/3dUPuYi For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
The Perryman Group released the December 2020 Midland & Permian Basin Economic Indices. The index values indicate overall improvements. Industry performance was mixed, but Energy and Construction both saw gains. Learn more and read the full report at the link below:
https://www.midlandtxedc.com/about/organizational-resources?cat=Organizational+Resources&sort=publishDate&keyword=
As crude prices climb, the odds of another shale boom rise, JPMorgan Chase analysts, including Natasha Kaneva, wrote in a March 11 note to clients. Even with flat capital spending, efforts are underway to maintain or grow production at low cost, according to the bank.
https://www.houstonchronicle.com/business/energy/article/The-Giants-of-U-S-Shale-Are-Proving-OPEC-Right-16020876.php#:~:text=If%20they%20stay%20the%20course,of%20supply%20from%20U.S.%20rivals
HOUSTONCHRONICLE.COM
Giants of U.S. shale are proving OPEC right with discipline
This is where talent is migrating to — and from! https://bit.ly/2O0UvUw For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
Midland has resources for everyone, including healthcare for everyone. Midland Community Healthcare Services operates 3 clinics to provide affordable and accessible healthcare to families with limited resources. Learn more about MCHS here: https://midlandchs.org/
Did your employees drift apart in a difficult 2020? Try these tactics to bring the team back together. https://bit.ly/3ayiIuc For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
In the case of more restrictive drilling on federal land in New Mexico, the energy industry in Texas will require between 5,400 and 7,400 more workers. The ramifications of the shift extend to increased support and corporate jobs in Texas, with secondary effects on local retail and hospitality sectors.
Read more about the anticipated federal restrictions here: https://www.dallasfed.org/research/economics/2021/0304?utm_source=cvent&utm_medium=email&utm_campaign=energy
DALLASFED.ORG
Anticipated Federal Restrictions Would Slow Permian Basin Production
Here are 4 keys tips for startup success in crowded markets! https://bit.ly/3dUPuYi For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
Texas is proof of the success of a long-term strategy to making a state the best place to start or relocate a business. https://bit.ly/3a76YyB For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
The Texas Workforce Commission (TWC) has released January 2021 employment statistics. Each March, the TWC revises and reconciles the previous year's estimates to reflect actuals as shown by employer reporting. The revised data for January 2021 shows a more precipitous decrease in Midland's workforce and jobs than was previously estimated. Between January 2020 and January 2021, the Midland MSA lost 17,000 jobs, or 16% of the total jobs in Midland. For comparison, Midland lost approximately 11% of its jobs during the 2015-2016 downturn.
The unemployment rate for the Midland MSA rose from 8.0% in December 2020 to 8.2% in January 2021. The unemployment rate for the Permian Basin Workforce Development Area rose from 9.2% in December 2020 to 9.4% in January 2021. Midland's estimated civilian labor force declined from 98,752 in December 2020 to 97,723 in January 2021.
Check out the full report here: https://www.midlandtxedc.com/workforce
Read about what people are saying about Governor Abbott’s call for broadband expansion and a vision for a healthier Texas. https://bit.ly/3uKqp8K For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
This is why your community should want to attract a remote workforce. https://bit.ly/2Mruwoy For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
Site selectors are making five predictions for 2021, see what they are here! https://bit.ly/3pE48q2 For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
Texas ended 2020 as the No. 1 exporting state in the United States for the 19th consecutive year! https://bit.ly/3stp0kT For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
Expanding internet access that will help close the ‘digital divide’ is on the table for lawmakers this session. https://bit.ly/3kqv4YA For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
Can NASA test the latest technology in Midland, TX? Absolutely. https://bit.ly/399AO4y For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
TTUHSC has officially announced a $30 million Physician Assistant program expansion. Congratulations Texas Tech University Health Sciences Center School of Health Professions!
Texas Tech University Health Sciences Center at the Permian Basin was live.
March 23 at 8:04 PM · Midland, TX ·
We’re LIVE to announce a $30 million Texas Tech University Health Sciences Center School of Health Professions Physician Assistant program expansion at a groundbreaking event in Midland. The 32,500 square-foot facility will include an anatomy lab, clinical classrooms and training facilities.
AST & Science was recently featured in a @barrons article as "The American Tower of Space." The MDC is proud of the work being done at the @MidlandInternationalAirandSpacePort Spaceport Business Park!
Read more about the future of the space industry here: https://www.barrons.com/articles/introducing-the-ford-fedex-and-microsoft-of-space-51616255953
BARRONS.COM
Introducing the Ford, FedEx, and Microsoft of Space
Read and the best & worst states to drive in! https://bit.ly/37SzzpU For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment
Texas is proof of the success of a long-term strategy to making a state the best place to start or relocate a business. https://bit.ly/3a76YyB For more #MidlandTXNews, click here. https://bit.ly/2X1DjgY #EconomicDevelopment