Guest Speaker, Nate Green, The Montrose Group
Top 4 Trends in Economic Development
Nate discussed the 4 Factors driving Economic Development across the country and in our community; Automation/Artificial Intelligence, Re-urbanization, Age of energy and the Skilled Labor Crisis.
1.Automation and Artificial Intelligence
The driving force is technology and the impact the internet has made across all industries and in all communities.
2. Re-Urbanization
A trend driven by the millennials is seeing a 12% increase of individuals moving back into urban centers, while non-urban areas are growing at 8%
The Bridge Park project was a great example of Dublin city proactively putting a plan in place to attract individuals that may have chosen to move into urban centers vs. the suburbs.
3. Age of Energy
We now live in a country where we are becoming more and more independent for our energy sources. We have more and more sources for oil and Natural Gas which has played a major role in reducing our dependency of other countries for energy sources.
4. Skilled Labor Crisis
This crisis is being felt multiple industries; construction, electrical, and even in IT we are seeing a shortage in skilled workers. This is being driven by low unemployment and in addition it is impacted by the opioid crisis. There is a strong need to get more students engaged earlier, specifically in technical and trade schools.
Announcements:
- The Annual Interact Dog Biscuit Sale is coming! Place your orders with the one and only Claudia Trusty. Cost is $1 Per Bag, orders will be delivered at the Nov 30th meeting
- Roberta Kayne- New Calendars are now available-all proceeds benefit Rotary. Calendars can be purchased online at LULU.com and by searching Roberta Kayne, or you can also place an order directly with Roberta.
- Wreaths across America is taking orders for their annual Christmas Wreath Program. What does it mean to sponsor a veteran’s wreath? It means you’ll honor an American hero at one of more than 1,400 locations nationwide this year on Wreaths Across America Day. It’s a day that’s been set aside to lay wreaths at the places where we remember, honor and teach about our veterans. Go to www.wreathsacrossamerica.org to donate a wreath for this year’s event.
- The Perfect Party will be held November 17th at Peter and Betsy Georgiton’s home. Come and prepare for the upcoming Thanksgiving Holiday with your Rotarian Friends
- The annual Bell Ringing for the Salvation Army is coming up at the Bridge Street and Perimeter Kroger stores – Please see Bruce Andrews to sign-up for this great cause.
- The Annual Holiday Party will be held December 7th from 6:00- 9:00pm at the Country Club at Muirfield Village. Space is limited sign-up as soon as possible