Economic Development

This page provides links to assist in reporting on economic development. Please click here to access older blog items that may be of interest to those reporting on economic development. The blog items are divided into two categories: general economic development and broadband.

Economic development issues in the this guide include, but are not limited to, municipal broadband, urban sprawl, entrepreneurship, business reports, state economics, and the job market.

TOPIC: Small daily takes a frank look at a troubled local bank

For most of the time since the banking crisis hit, more than a year ago, the Institute has encouraged community newspapers to report on the health of their community banks, using easily available public information gathered by federal regulators and public-interest organizations. We have no idea how good the coverage has been nationwide, but we think it would be hard to beat what we've seen in The State Journal of Frankfort, Ky. To read about it, click here.


Ethics of Business News, Here's a link to a column written by Jim Pumarlo, a newspaper consultant with Community Newsroom Success Strategies in Red Wing, Minn.

Story ideas and resources for covering your local economy, Al Tompkins of the Poynter Institute presents some economic resources journalists can use to mine data: http://www.poynter.org/latest-news/als-morning-meeting/161224/story-ideas-and-resources-for-covering-your-local-economy/


Library of Congress indexes, bibliographies and guides to business research, both general and specific industries: http://www.loc.gov/rr/business/index1.html

Bureau of Economic Analysis
BEA produces economic accounts statistics that enable government and business decision-makers, researchers, and the American public to follow and understand the performance of the Nation's economy: www.bea.gov


Association for Enterprise Opportunity, www.microenterpriseworks.org
202-650-5580 AEO is the national association of organizations committed to microenterprise development.

Boomtown USA, http://boomtownusa.blogspot.com, is a Web log by Jack Schultz of Agracel Inc., of Effingham, Ill., who posts comments as he travels the country helping rural communites recruit high-tech and manufacturing jobs. Schultz has coined (and trademarked) a term for "propsering rural towns with a tie to agriculture." They're "agurbs."

Center for Rural Entrepreneurship, www.energizingentrepreneurs.org 402-323-7336 Donald Macke don@e2mail.org North Carolina: 919-932-7762 Deborah Markley deb@e2mail.org The Center supports rural entrepreneurship development through research and outreach.

Corporation for Enterprise Development, http://www.cfed.org national- 202-408-9788 western- 415-495-2333 south- 919-688-6444 CFED works with communities to help them envision, define and build their own economic strategies, while preserving cultural values and respecting natural resources.

Mountain Association for Community Economic Development, www.maced.org Berea, Ky. 859-986-2373 Justin Maxson x217 jmaxson@maced.org MACED works to create economic alternatives in Eastern Kentucky and Central Appalachia, and says, “We invest in good ideas and help others move their good ideas forward.”


These centers coordinate rural-development research and education throughout the U.S. Each center links the research and extension capacity of regional land-grant universities with local decision-makers to address a wide range of rural development issues, so they can be important connections to story ideas, sources and reliable economic information.

North Central Regional Center for Rural Development, Michigan State Univ., 515-294-8321 http://ncrcrd.msu.edu/ Rosa Soliz, communications and logistics associate soliz@anr.msu.edu The center says it “provides leadership in rural development regionally and nationally by identifying, developing and supporting programs on the vanguard of emerging issues.”

Northeast Regional Center for Rural Development, Penn State University, 814-863-4656 http://nercrd.psu.edu/ (Send e-mail to nercrd@psu.edu) The center says small towns and rural places “are becoming increasingly complex and multi-dimensional, resulting in an ever-increasing number of public issues needing resolution.”

Southern Rural Development Center, http://srdc.msstate.edu 662-325-3207 Lionel “Bo” Beaulieu, director ljb@srdc.msstate.edu SRDC says it seeks to strengthen the capacity of the region's 29 land-grant institutions to address critical contemporary rural-development issues affecting communities in the rural South.

Western Rural Development Center, http://wrdc.usu.edu/ 435-797-9732 Don E. Albrecht, director don.albrecht@usu.edu


Asset Based Community Development Institute, http://www.abcdinstitute.org/
847-491-8711 abcd@northwestern.edu The ABCD Institute conducts research on capacity-building community development.

Electric Utility Database, http://www.eia.doe.gov/cneaf/electricity/page/eia861.html

Housing Tracker, http://www.deptofnumbers.com/asking-prices/

National Congress For Community Economic Development, 202-289-9020
http://www.ncced.org NCCED is is the trade association for community development corporations (CDCs) and the community economic development (CED) industry.

Rural Studies program, University of Kentucky, www.rural.org Conducts research into the economic opportunities and problems of rural areas.

USDA Rural Development, http://www.rurdev.usda.gov This group of agencies in the U.S. Department of Agriculture heldp finance water and sewer systems, housing, health clinics, emergency-service facilities and, through the Rural Utilities Service, electric and telephone service. It makes loans to businesses through banks and community-managed lending pools, offers technical assistance and information to help start and improve cooperatives get started and improve the effectiveness of their member services. It also provide technical assistance for community empowerment programs.

U.S. Economic Development Administration, http://www.eda.gov EDA helps rural and urban areas with high unemployment, low income, or other severe economic distress.

ACCESS TO TECHNOLOGY (high-speed or broadband Internet, etc.)

Federal Communications Commission pages on rural service, http://www.fcc.gov/encyclopedia/telecommunications-service-rural-america

iTown, http://www.itowncom.net/news.html

National Rural Telecommunications Cooperative, www.nrtc.coop


Congressional Budget Office, http://www.cbo.gov/
Lots of publications and reports.

Center on Budget and Policy Priorities, http://www.cbpp.org

Yahoo! Finance Search, http://finance.yahoo.com/search

Federal Reserve Bank of St. Louis, www.stlouisfed.org

Consumer Price Index, measure of inflation: http://www.bls.gov/cpi/; also a site on the limits of the CPI and other measures of inflation: http://www.bls.gov/cpi/cpifaq.htm


Fresh Energy (Minn.), http://fresh-energy.org/about/ 651-225-0870 408 St. Peter Street., Suite 220, St. Paul MN 55102

Montana Community Development Corp., http://www.mtcdc.org 406-728-9234, ext. 215 Lynn Dankowski lynnd@mtcdc.org 110 East Broadway, 2nd Floor, Missoula MT 59802

Nebraska Community Foundation, http://www.nebcommfound.org 402-323-7330 Jeff Yost, president jeffyost@nebcommfound.org 3833 South 14th Street, PO Box 83107, Lincoln, NE 68501

(Nebraska) Center for Rural Affairs, http://www.cfra.org 402-687-2103 Chuck Hassebrook chuckh@cfra.org 145 Main Street, PO Box 136, Lyons NE 68038

(New Mexico) Regional Development Corp., http://www.rdcnm.org
505-989-8004 info@rdcnm.org 706 Bond Street, Espanola, NM 87532

North Carolina Rural Economic Developement Center, www.ncruralcenter.org 919-250-4314 Billy Ray Hall brhall@ncruralcenter.org Leslie Scott lscott@ncruralcenter.org 4021 Carya, Raleigh NC 27610

North Carolina Institute of Minority Economic Development, http://www.ncimed.com
919-956-8889 info@ncimed.com 114 W Parrish, Durham NC 27701

South Carolina Association of Community Development Corporations, 843-579-9855 www.communitydevelopmentsc.org PO Box 20577, Charleston SC 29413

West Viriginia Community Foundations Consortiumhttp://www.givetowestvirginia.org/index.html
304-517-1450 PO Box 985, Weston, WV 26452

(W. Va.) Center for Economic Options, http://www.centerforeconomicoptions.org
304-345-1298 Pam Curry pcurry@economicoptions.org 910 Quarrier Street, Suite 206, Charleston, WV 25301

The Institute for Rural Journalism and Community Issues helps non-metropolitan media define the public agenda in their communities, through strong reporting and commentary on local issues and on broader issues that have local impact. Its initial focus area is Central Appalachia, but as an arm of the University of Kentucky it has a statewide mission, and it has national scope. It has academic collaborators at Appalachian State University, East Tennessee State University, Eastern Kentucky University, Indiana University of Pennsylvania, Marshall University, Middle Tennessee State University, Ohio University, Southeast Missouri State University, the University of North Carolina-Chapel Hill, the University of Tennessee-Knoxville, Washington and Lee University, West Virginia University and the Knight Community Journalism Fellows Program at the University of Alabama. It is funded by the John S. and James L. Knight Foundation and the University of Kentucky, with additional financial support from the Ford Foundation. To get notices of Rural Blog postings and other Institute news, click here.

Institute for Rural Journalism & Community Issues
School of Journalism and Telecommunications, College of Communications & Information Studies
122 Grehan Building, University of Kentucky, Lexington KY 40506-0042
Phone 859-257-3744 - Fax 859-323-3168

Al Cross, director al.cross@uky.edu