Urban Mayors Association Economic Development Analysis 2012 Report

The faculty and staff of the John S. Watson Institute for Public Policy of Thomas Edison State College (TESC) have been working with the New Jersey Urban Mayors Association (NJUMA) for a number of years on economic planning and revitalization efforts.  Growing out of that effort was a desire to engage the Economic Development Administration (EDA) of the United States Department of Commerce, since the EDA serves as the chief federal agency charged with economic development.   As part of its involvement in such matters, the EDA requires communities to complete a Comprehensive Economic Development Strategy (CEDS), which is a statutorily‐defined planning process culminating in a series of prioritized actions and recommendations.  However, prior to undertaking a CEDS, the EDA requests applicants first collect baseline data on economic, demographic and social characteristics as well as relevant metrics on industry, occupation and other essential trends.

 

 


Economic Analysis North Central Region NJ