TagEconomic development

gumbander

gumbander  n.— Note: “Gum band” is a term for a rubberband that is common to Pittsburgh and elsewhere in Pennsylvania. «Instead, people who are now exploring start-up or self-employment opportunities find the prospect of...

smokestack chasing

smokestack chasing  n.— «After years of seeking new manufacturing outfits to fill empty plants—a practice known as “smokestack chasing”—towns have decided that their aim should be attracting technical and professional workers...

farmshoring

farmshoring  n.— «Google is not alone in looking at old manufacturing towns or rural areas for expansion. As the cost of doing business rises in traditional high-tech areas like Silicon Valley or Northern Virginia, more companies want...