JUNE 2023… TRISTATE TALKING NEWS – REGIONAL, NATIONAL AND GLOBAL SNAPSHOTS

YOUR JUNE 2023 NEWS BULLETIN BRIEF FROM THE…

KENTUCKY

Housing Crisis Remains in Kentucky’s Poor Appalachia Region After Flood Waters Recede: It was one of the worst floods in Kentucky’s history, ravaging one of the poorest places in the country. Homeowners in the mountainous region settled by coal miners a century ago live in flood-prone valleys that offer the only flat land for building homes, an area already suffering a housing crisis before the flood hit. Disaster recovery in poor areas like this stretch of eastern Kentucky presents a host of challenges for victims who already faced setbacks before flood waters rushed inside their homes. A single inch of water inside a house can cause more than $26,000 in damage, according to the Federal Emergency Management Agency.

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City Of Covington Seeking Development Proposals For Parcels On Former IRS Site: The City of Covington is searching for developers to revamp multiple parcels of land on the 23-acre site of the demolished IRS processing center. The parcels are located along 4th Street, varying in shape and size. Each parcel has a different use outlined in the city’s master development plan for the Covington Central Riverfront project. The city is seeking development proposals and purchase prices for three parcels and a real estate broker service for another. Requests for Proposal, or RFPs, were published on the city’s website at the end of May. The parcels are referred to as “blocks” on the website.

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TENNESSEE

Nashville Lawmakers Reintroduce Bill To Study Amtrak Expansion In Tennesee: Nashville’s state lawmakers want Tennessee to study the cost and feasibility of an Amtrak rail line connecting Chattanooga, Knoxville, Nashville and Memphis. The bill would direct the Tennessee Advisory Commission on Intergovernmental Relations to conduct a study determining what it would take for a commuter rail connecting most of the state. The legislation, sponsored by Rep. Jason Powell, D-Nashville, and Sen. Heidi Campbell, D-Nashville, mirrors similar legislation that passed the Senate in 2020 but never made it for a vote in the House because the session was cut short by COVID-19. 

SOURCE: CLICK HERE

Governor Lee & Commissioner MCWHORTER ANNOUNCE Meco Corporation To Expand Greene County Headquarters: Tennessee Gov. Bill Lee, Department of Economic and Community Development Commissioner Stuart McWhorter and Meco Corporation officials announced today the company will invest $27.8 million to expand its Greeneville, Tennessee, headquarters.  Through the expansion, Meco will create 67 new jobs in Tier 4, At-Risk Greene County. Founded in 1959, Meco Corporation has manufactured steel folding furniture, step stools, OEM components and barbecue grills. The company has manufactured millions of grills in Greeneville, Tennessee. Since 2019, TNECD has supported more than 30 economic development projects in the Northeast Tennessee region, resulting in approximately 3,300 job commitments and nearly $945 million in capital investment. 

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WEST VIRGINIA

Report: West Virginia Faces Significant Workforce Shortages Of Health Care Professionals: West Virginia is facing “significant workforce shortages” of health care professionals, according to a recently released report. The West Virginia Hospital Workforce Report 2023 — which used data collected from 46 hospitals in the state — found that “multiple converging factors have created a perfect storm of conditions that has exacerbated hospital staff shortages.” These factors include declining college enrollment nationally; increased burnout; an aging workforce with fewer people entering health care fields overall; and COVID-19.

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Why Everyone Is Moving To West Virginia: Why is everyone moving to West Virginia? That is a good question. It isn’t just cheap real estate anymore. A few years ago if someone said they were thinking about moving to West Virginia you’d probably have assumed they had fractured their skull playing frogger in real life. For the longest time, WV was the go-to state when needing an example of extreme poverty and widespread addiction. They still have those but not nearly as bad as they have in the past

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A SNAPSHOT OF WHAT’S HAPPENING NATIONALLY!

There’s One Big Reason Why Workers Don’t Want To Go Back To The Office 5 Days A Week: While Elon Musk may think remote work is “morally wrong,” the pandemic proved that being in the office is not essential to doing a wide range of jobs. But many businesses have nevertheless started to make workers come back to the office at least a few days a week, with Amazon, Apple, Google, and Twitter leading the way. However, many aren’t interested in giving up working from home completely — and some would even take a pay cut to keep that flexibility.

SOURCE: CLICK HERE

Who Is Driving Black Business Growth? Insights From the Latest Data on Black-Owned Businesses: The COVID-19 pandemic and protests stemming from the murder of George Floyd put a spotlight on Black wealth, health, and overall well-being. The social crises illuminated connections between attitudes that lead to a disproportionate number of stops, arrests, and convictions among Black Americans, as well as the underinvestment in Black businesses. Amid nationwide shutdowns, Black businesses felt significant pain, as they were less likely to obtain federal 

COVID-19 relief loans.

SOURCE: CLICK HERE



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