Distressed Counties Seeing Uptick in Strategic Investments and Jobs, But Local Strategies Still Needed to Link Residents
-
Employment-distressed counties have secured 16% of $525B in strategic sector investments since 2021, double their 8% share of GDP.
-
Strategic investments going to distressed counties are 2-4x higher than their share of overall private investment in recent years.
-
70 distressed counties across 27 states have attracted strategic investments, especially smaller "micropolitan" regions.
-
Distressed counties receiving investments have 31% higher advanced industry employment than those without investments.
-
While more investments are flowing to distressed areas, intentional local strategies are still needed to link residents to new jobs.