||January 26, 2015|
Given the immediate concerns about automatic federal spending cuts (sequestration) and the long-term outlook of reduced federal spending, the COG Board of Directors made economic competitiveness its top priority for 2012. After months of input from industry leaders, area economic development directors, and experts, the Board approved in September Economy Forward, a five point plan to strengthen the region's economy.
Economy Forward calls on the Council of Governments to work with its partners to advance the following actions: (1) implement the TPB's Transportation Priorities Plan to produce sustainable funding strategies, (2) implement a plan to guide more efficient investments in the regionís Activity Centers, (3) address the mismatch between available jobs and a skilled workforce with new industry and labor market data , (4) develop a new brand that promotes the regionís economic diversity, and (5) work with senior Administration officials to identify an official to serve as a federal-regional liaison to improve partnership.
Click here to visit the COG publications page and download the report.
Fiscal Cliff and Changes in Federal Spending
The Council of Governments strongly advocated against sequestration by reaching out directly to Congress, creating a special web site to share news and information, and inviting Brookings' Alice Rivlin to speak at the 2012 Annual Meeting on the impact of federal budget policy on metropolitan Washington.
COG Board Learning Session Summaries
The COG Board held sessions with area economic development directors, industry leaders, and other experts as it examined the region’s economic outlook, competitive advantages, and barriers to success. The sessions informed COG's final report, Economy Forward.
LEARNING SESSION 1: Washington Area Economic Outlook (March 14, 2012 - COG Board Meeting): Click here for a summary of learning session #1
LEARNING SESSION 2: Opportunities To Better Integrate Local And State Economic Development Strategies (April 11, 2012 - COG Board Meeting) Click here for a summary of learning session #2
LEARNING SESSION 3: Metropolitan Washington's Competitive Advantages (May 9, 2012 - COG Board Meeting): Click here for a summary of learning session #3
LEARNING SESSION 4: Industry Leaders Panel (June 13, 2012 - COG Board Meeting): Click here for a summary of learning session #4
LEARNING SESSION 5: Industry Leaders Panel (July 11, 2012 - COG Board Meeting): Click here for a summary of learning session #5
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