Monday, September 26, 2011

States, counties, cities look to compete on strengths

Economic development officials in states, counties and cities are exploring new ways to woo entrepreneurs and businesses in the flagging economy.

It's becoming increasingly difficult for states to offer high-dollar incentives because 44 states and the District of Columbia are projecting budget shortfalls totaling about $112 billion in 2012, the U.S. Chamber of Commerce reported. 

More on how states are responding here.

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