Posts Tagged Subsidy Tracker
We spent this summer collecting data for the latest Subsidy Tracker update, which now is posted online and available to users. This update consists mostly of local data; however, we also added state data and four megadeals.
Subsidy Tracker, the nation’s only public and free database of economic development incentive awards, today introduced a new feature that allows the user to display summary data for more than 10,000 different localities across the country. The summaries, like those previously provided for states, show subsidy totals and list the
Local economic development departments are so eager to fertilize job creation in their communities that they often grow low-wage jobs that are detrimental to their economic landscape. Too often, localities (cities or counties) provide funding to employers that promise to create jobs but fail to ask: Will these positions be full-time? Pay minimum-wage or a living-wage?
Swedish automaker Volvo has chosen South Carolina over Georgia and North Carolina for its first car-making facility in the United States. A hefty subsidy package of more than $200 million helped the state close the deal.