EDA TOOLS | U.S. Economic Development Administration. Research Reports The U.S. Economic Development Administration (EDA) partners with entities to develop and disseminate tools on new and emerging economic development concepts that practitioners and policymakers can utilize to make more informed development decisions.EDA Tools for Economic Development (PDF) Measuring Distress – A Resource for EDA Stakeholders Developed by the Indiana Business Research Center, this tool provides practitioners a fast, simple way to calculate whether a county, region, or neighborhood may meet EDA eligibility thresholds for unemployment and income. Know Your Region: A Template for Future Prosperity The Know Your Region curriculum is designed to introduce practitioners and policymakers to best practices and proven techniques for applying new and emerging concepts into the regional strategic planning process to realize economic development goals.
Identifying Regional Clusters Calculating Innovation Capacity Identifying and Supporting Venture Development Organizations.
Interactive: Unequal States. On average, income in the United States grew 36.9% between 1979 and 2007. Income growth, 1979–2007: Good thing for everybody, right? Not quite. The top 1% snared a disproportionate share of that growth—53.9%. Change in income, 1979–2007: Top 1%: 200.5% Bottom 99%: 18.9% Top 1%'s share of all growth: 53.9% And unfortunately the Great Recession was no great leveler: The top 1% is recovering, but the bottom 99%'s income has actually gone down in the so-called recovery. Change in income, 2009–2011: Top 1%: 11.5% Bottom 99%: -0.7% Thus, the lopsided income growth from 1979 to 2007 extended through 2011. Change in income, 1979–2011: Top 1%: 128.9% Bottom 99%: 2.3% Top 1%'s share of all growth: 86.3% Due to this extended period of lopsided income growth, the share of all income held by the top 1% in recent years has approached or surpassed historical highs.
Share of all income held by the top 1%, 1917–2011 United States The upshot of these trends? Average income in 2011: Top 1%: $1,040,506. Mapping China’s middle class. The explosive growth of China’s emerging middle class has brought sweeping economic change and social transformation—and it’s not over yet. By 2022, our research suggests, more than 75 percent of China’s urban consumers will earn 60,000 to 229,000 renminbi ($9,000 to $34,000) a year. In purchasing-power-parity terms, that range is between the average income of Brazil and Italy. Just 4 percent of urban Chinese households were within it in 2000—but 68 percent were in 2012. In the decade ahead, the middle class’s continued expansion will be powered by labor-market and policy initiatives that push wages up, financial reforms that stimulate employment and income growth, and the rising role of private enterprise, which should encourage productivity and help more income accrue to households.
Should all this play out as expected, urban-household income will at least double by 2022. Importance of the ‘upper’ cut Exhibit 1 The magnitude of China’s middle-class growth is transforming the nation. Erawatch. KnowYourRegion.org | U.S. Economic Development Administration. Memo. Moody's Analytics: Economic Analysis, Historical & Forecast Data, Alternative Scenarios, Forecasting and Credit Risk Management. Visualizing Economics. Business, Economics, Culture, and More — The American Magazine. Journal of Applied Research in Economic Development.