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Industry Focus – Retail: Less Than Six Degrees of Separation

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Retail accounts for more than $2 trillion in total GDP impact with consumer spending accounting for more than two-thirds of the U.S. The Tarpon Point Resort at Marina Village is home to a number of upscale retail shops and restaurants. By the BF Staff From the March/April 2016 Issue. Credit: City of Cape Coral).

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STATE FOCUS: Florida – Let The Sun Shine

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percent in 2012, retail sales will grow at an average pace of 3.7 This is due in part to the fact that economic recovery in Florida is feeding into retail sales. For years, the name Florida has been firmly associated with travel and tourism, and the state has enjoyed one of the world’s best known leisure brands. percent).”.

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State by State Incentives Guide

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Must expand its labor force, make new capital investment, or prevent loss of employment. May not have closed or reduced employment elsewhere in Alabama in order to expand into an enterprise zone. The credit is 20% of the actual costs limited to the employer’s income tax liability. WORKFORCE DEVELOPMENT .

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STATE INCENTIVES GUIDE

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FULL EMPLOYMENT ACT OF 2011: Businesses with 50 or fewer employees may receive a one time income tax credit equal to $1,000 per new job paying over $10 per hour. EMPLOYER EDUCATION CREDIT: A tax credit is statutorily available to employers who provide approved basic skills education programs to Alabama resident employees.

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North Dakota Incentives and Workforce Development Guide

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The primary candidates for this program are businesses that create new wealth for the state and provide new jobs outside of the retail sector. North Dakota Development Fund: Provides flexible gap financing through debt and equity investments for new or expanding primary sector businesses.

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North Dakota Incentives and Workforce Development Guide

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Flex PACE will allow communities the ability to provide assistance to businesses that would not meet the current requirements of PACE, such as: jobs retention, technology creation with no new jobs, retail, smaller tourist businesses and essential community businesses. The New Venture Capital Program will invest up to $300,000.

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Feature Story: 2016 Economic Development Awards

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Companies that manufacture or produce a product in New Mexico, non-retail service companies that export a substantial percentage of services out of state (50 percent+ of revenues and/or customer base) and certain green industries are eligible. agriculture, construction, gambling, healthcare and retail). for the first time.

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