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SSTI Digest
Useful Stats:Gross State Product, 2003-2004
Service industries once again outpaced growth in the goods-producing industries across the country in 2004, according to gross state product (GSP) figures released Oct. 26 by the U.S. Bureau of Economic Analysis (BEA). Private services-producing industries grew 5.1 percent above 2003 figures, while private goods-producing industries grew at a 3.1 percent rate.
Of nine geographic subregions for the country, only the Great Lakes area failed to exceed an average annual growth rate of 2 percent for the 1997-2004 period. While the percentage change for the Great Lakes was higher for 2003-2004, government's declining contribution to the percentage change in real GSP during the period actually pulled the 2.4 percent figure down by a quarter point.
People
Jim Aanstoos is the new economic development director for the city of San Marcos, Texas.
John Adams, director of the Laredo Development Foundation, will become the new director of Enterprise Florida.
Steve Biggers has been promoted to Deputy Director for the Oklahoma Center for the Advancement of Science & Technology.
Warren Erdman, formerly vice president of corporate affairs at Kansas City Southern, is the newly selected chairman of the board of the Economic Development Corp. of Kansas City.
People
Jim Aanstoos is the new economic development director for the city of San Marcos, Texas.
People
John Adams, director of the Laredo Development Foundation, will become the new director of Enterprise Florida.
People
Steve Biggers has been promoted to Deputy Director for the Oklahoma Center for the Advancement of Science & Technology.
People
Warren Erdman, formerly vice president of corporate affairs at Kansas City Southern, is the newly selected chairman of the board of the Economic Development Corp. of Kansas City.
People
Michael Finney, CEO of Greater Rochester Enterprise, is leaving to become president and CEO of Ann Arbor SPARK.
People
Kevin Holmes returned to his alma mater, Santa Clara University, to join the Leavey School of Business as executive director of its Center for Innovation and Entrepreneurship (CIE).
People
Bruce Kidd is the first director of entrepreneurship for the Indiana Economic Development Corp.
People
Angela Kreps is the first president of the year-old Kansas Bioscience Organization.