State Strategies In Economic Recovery

NLGA is publishing State Strategy Perspectives from NLGA members and NLGA Partners from September 2020 – February 2021.  State Strategies in Economic Recovery was published February 19, 2021.

Lt. Governor Sheila Oliver, New Jersey“New Jersey Economic Recovery Act”

  • Provides funding for start-ups, brownfields & historic building restoration
  • Creates a $50 million Main Street Recovery Finance Program
  • Creates a groundbreaking Food Desert Relief Program
Sourcewell“Stretching Budgets with Procurement Strategy”

  • As states face shrinking budgets, using no-cost, compliant cooperative contracts to round out a procurement strategy allows states to focus their time and attention on the most pressing or delicate procurements.
Lt. Governor Mike Kehoe, Missouri“Buy Missouri Helps Local Businesses & the Missouri Economy Rebound”

  • The OLG Buy MO initiative identifies & promotes MO-made products
  • The buymissouri.net website is a directory of >400 companies that manufacture at least 51% of a product in-state & represents 87 counties reached and >14,500 employees
Lt. Governor Will Ainsworth, Alabama“Supporting Aerospace is A Key to Continued Economic Success”

  • Support key industry:  AL aerospace = 60,000 jobs and billion-dollar impact
  • Launched a 2-week internship letting students learn about aerospace jobs
  • Creating networking forums for small business to be aerospace suppliers
Lt. Governor David Toland, Kansas“Accelerating the Economy Through a Framework for Growth”

  • Sustain economic growth w/ short-term policies and a long-term vision
  • 2,000 stakeholders had input to the Framework for Growth which details strategies to grow jobs, bolster workforce and attract investment especially in advanced manufacturing, aerospace, transportation, agriculture, more.
Institute of Scrap Recycling Industries“Recycling is Green in More Ways than One”

  • The recycling industry supports an average of 10,600 well-paying jobs per state, w/ an average state economic impact of $2.2 billion & average tax revenue of $258 billion (2019)
  • Recycling is the first link in the manufacturing supply chain and is resilient through boom and bust cycles.
Lt. Governor Billy Nungesser, Louisiana“Louisiana’s Economic Outlook for Tourism is Sunny Indeed”

  • In 2019, 53.2 million tourists spent $18.9 billion generating $1.9 billion in tax revenue.
  • LA provided nearly $4 million in grants in the past seven months to CVBs
  • The OLG launched the LA Sunshine Plan for tourism recovery which includes coordinated advertising, sales, PR, rural tourism promotion, and results tracking.
Comcast“How Digital Equity Lifts the Economy”

  • Digital equity and inclusivity are key to broadband as a key recovery driver
  • Internet Essentials connects low-income families to broadband at home
  • Internet Essentials Partnership Program works w/ schools+ to get unconnected students online at home
Pew Charitable Trusts“Can Legal Recreational Marijuana Revenue Help States Close Budget Gaps?”

  • Fifteen states now allow regulated use and sale of marijuana
  • Revenue forecasts are uncertain due to no historical data and the recession
  • Policymakers can hedge by budgeting marijuana revenue cautiously
National Association of Home Builders (NAHB)“Home Builders Across America Make Job Safety a Top Priority”

  • NAHB has a comprehensive Coronavirus Preparedness and Response Plan for construction to promote safe workplaces while home building.
Americans for the Arts“Sparking Economic Recovery Through the Arts”

  • Arts is an $878 billion industry supporting 5.1 million jobs, equaling 4.5% of the U.S. economy
  • Arts employment growth is positive and causal to overall employment
  • Arts tourists stay longer and spend more, and art event attendees spend more.
CVS Health“CVS Health Return Ready Program”

  • The Return Ready Program offers customizable COVID-19 testing options
  • Worksites to campuses choose who, how, where to test employees or students
  • CVS has given approximately 15 million COVID-19 tests nationwide and more than 3 million COVID-19 vaccines in >40,000 long-term care facilities across the country
IAAPA – The Global Association for the Attractions Industry“The Attractions Industry’s Route to Economic Recovery”