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Economic Development Council in South Miami-Dade

What Barriers Do EDCs Such as the Economic Development Council of South Miami-Dade Often Face?

Even with well-planned strategies, things don’t always go accordingly. There are challenges all local governments face, and the Economic Development Council of South Miami-Dade isn’t immune. Here are some of the top barriers all EDCs may face.  Population Growth Rates Population growth can be random, and depending on the circumstances, it can be negative. It can put a strain on…

Live and Work in Florida City - Live in Florida City in Miami-Dade

What Is Economic Planning in Florida City, Miami?

Learning about the economics in your city can be pretty confusing, but knowledge is power, especially when it comes to developing your community so it can flourish. What is economic planning in Florida City, Miami? Here’s what you need to know! What Is Economic Planning in Florida City Miami? What Does It Do? If you’re wondering what economic planning is…

Is There an Economic Development Council in Miami

Is There an Economic Development Administration in Miami?

The Economic Development Administration (EDA) plays a critical role in providing resources and assistance for economic development efforts across the entire nation. So, is there an Economic Development Administration in Miami? If so, how can they help you? Read on to learn more! What Is the EDA? The EDA is an agency in the United States Department of Commerce responsible…

Economic Development Council in South Miami-Dade

Why Is an Economic Development Council in South Miami-Dade Important?

In order for any community to survive, it must be free of barriers that hinder economic growth. It helps to have organizations such as the Economic Development Council in South Miami-Dade to clear the path and make it possible for residents and businesses to succeed. What Are the Benefits of Having an Economic Development Council? It all comes down to…

How Is Economic Growth Measured?

How Is Economic Growth Measured?

Wondering what you should pay attention to in terms of determining whether the economy is strong or not? How is economic growth measured? In this article, we'll cover the three most valuable measurements of economic growth, gross domestic product (GDP), gross national product (GNP), and the consumer price index (CPI). What Exactly Is Gross Domestic Product? Gross domestic product (GDP)…

Economic Development Council of South Miami-Dade

Economic Development Council of South Miami-Dade Glossary: Helpful Info to Learn More

This is not an exhaustive list by any means, but here are common terms you may hear or read about from the Economic Development Council of South Miami-Dade. Change: One of the nine key economic concepts, this relates to economic growth and is the numerical percentage value of all goods and services that a nation produces during a specific time period compared…

Economic Development in Miami Dade

What Is the Difference Between Economic Growth and Economic Development in Miami-Dade?

You've likely heard the buzz words 'economic growth' in relation to inflation in the news. But, you're not quite sure what is means and whether it's the same as economic development. So, what exactly is the difference between economic growth and economic development in Miami-Dade? Here's a quick overview. What Is Economic Growth? Economic growth is defined as an increase…

Why Infrastructure Matters to the Economy in South Miami-Dade

Discussing matters such as infrastructure and the economy can be confusing to the average consumer, but it’s important that you understand the link between the two. Here’s what you need to know about the impacts of infrastructure on the economy in South Miami-Dade and why you should care. How Does Infrastructure Affect the Economy in South Miami-Dade? Infrastructure is, essentially,…

Local Business Funding in Florida City

Why Economic Growth in Miami Is Expected to Continue, Even Post-COVID

With the pandemic came fear and worry for millions of people in the US. Staggering job losses, homelessness on the rise, some even struggling to get food as a result. While many cities are still coping with the devastating effects of COVID-19, economic growth in Miami is set to fully succeed in the wake of this unprecedented situation. It's due…