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Results In From Manufacturers Economic Growth Survey

Friday, March 14, 1997

Results are in from a new nationwide survey of 2,000 manufacturing executives conducted by the National Association of Manufacturing (NAM). Nearly two-thirds of the respondents to the 1997 Survey on Economic Growth believe that a lack of skilled workers is hindering their ability to grow. Sixty-four percent of those surveyed report that a significant number of their entry level employees do not have the skills needed to help increase productivity and growth.

  • Read more about Results In From Manufacturers Economic Growth Survey

Panel Members Sought

Friday, March 14, 1997

Nominations of individuals to serve on the Sea Grant Review panel are being solicited. The panel advises the National Sea Grant College Program on the operations of the program, including review of applications or proposals for grants and contracts and the designation and operation of sea grant colleges and sea grant regional consortia.

  • Read more about Panel Members Sought

Prabhakar to Leave NIST

Friday, March 14, 1997

Arati Prabhakar, director of the Commerce Department's National Institute of Standards and Technology (NIST), announced this week that she will be leaving NIST to become senior vice president and chief technology officer of the Raychem Corporation, Menlo Park, Calif.

  • Read more about Prabhakar to Leave NIST

Surveys Find Venture Capital Financing Increased in 1996

Friday, March 7, 1997

Two recent reports indicate the amount of venture capital financing increased in 1996, although the two reports differ on the amount of financing and the most active investors. Both surveys agreed that California and Massachusetts were the lead states in attracting venture capital.

  • Read more about Surveys Find Venture Capital Financing Increased in 1996

Price Waterhouse Study

Friday, March 7, 1997

Price Waterhouse, in conjunction with the National Venture Capital Association, recently published the results of the 1996 National Venture Capital Survey. Venture capitalists reported investing $9.5 billion in 1996, a 25% increase over 1995.

  • Read more about Price Waterhouse Study

Coopers & Lybrand Survey

Friday, March 7, 1997

In its annual Money Tree Survey of venture firms, Coopers & Lybrand, which also tracks venture capital activity, reported greater growth in 1996 than Price Waterhouse did. According to this survey, venture capital investment reached $10.1 billion in 1996. Surveyed venture firms participated in 2,163 deals during 1996. The average size of each financing rose in 1996 to $4.7 million, up from the $4.3 million average investment reported in 1995.

  • Read more about Coopers & Lybrand Survey

Rhode Island Plan Calls for Action

Friday, March 7, 1997

The Rhode Island Economic Policy Council has concluded a year-long examination of the state's economy with a call for nine recommendations to be implemented.

  • Read more about Rhode Island Plan Calls for Action

Entrepreneur Of The Year Nominations Accepted

Friday, March 7, 1997

Nominations are being accepted through April 4 for the annual Entrepreneur Of The Year awards. Nominees must be owners/managers primarily responsible for the recent performance of a company that is at least two years old. Founders of public companies are also eligible provided the founder is still active in upper management.

  • Read more about Entrepreneur Of The Year Nominations Accepted

Pollution Prevention Information Centers Being Established

Friday, February 28, 1997

The U.S. Environmental Protection Agency (EPA) is soliciting grant proposals to establish a national network of pollution prevention information centers. Currently there are limited mechanisms to coordinate the development, review, and dissemination of pollution prevention information among those promoting source reduction technologies, according to the EPA.

  • Read more about Pollution Prevention Information Centers Being Established

Baldrige Winners Outperform S&P 500 Again

Friday, February 28, 1997

The "Baldrige Index" for 1996 outperformed the Standard & Poor's 500 for the third year in a row, according to a study prepared by the National Institute of Standards and Technology (NIST). The fictitious index is made up of winners of the Malcolm Baldrige National Quality Award.

  • Read more about Baldrige Winners Outperform S&P 500 Again

DOC Report Says U.S. Steel Industry Competitive

Friday, February 28, 1997

The steel industry has experienced painful changes over the past 10 to 15 years, but has now emerged in much better financial and operating condition, according to a new report by the U.S. Department of Commerce's Office of Technology Policy (OTP).

  • Read more about DOC Report Says U.S. Steel Industry Competitive

Senate Creates Manufacturing and Competitiveness Subcommittee

Friday, February 21, 1997

The U.S. Senate's Committee on Commerce, Science, and Transportation has established a new subcommittee to focus on manufacturing and competitiveness issues. Spencer Abraham (R-MI) will chair the Manufacturing and Competitiveness Subcommittee.

  • Read more about Senate Creates Manufacturing and Competitiveness Subcommittee

Internet Has Had Little Impact, Manufacturers Say

Friday, February 21, 1997

Only 13 percent of midsize manufacturers reported that the growth of the Internet has had "a great deal of" or "some" impact on their companies over the past two years, according to a survey conducted for Grant Thornton LLP. However, the manufacturers expect that to change in the next two years. The survey found that 50 percent of the manufacturers expected the growth of the Internet to have "a great deal of" or "some" impact on their companies.

  • Read more about Internet Has Had Little Impact, Manufacturers Say

FY98 Budget:S&T Highlights

Wednesday, February 12, 1997

Last Thursday, the Clinton Administration released its detailed budget proposal for FY98. The requested 2% rise in research and development funding reflects the constraints facing discretionary spending programs: the call to balance the budget while costs for entitlement programs and debt service are growing.

  • Read more about FY98 Budget:S&T Highlights

White House, Governors Agree to Cooperate on Technology Issues

Friday, February 7, 1997

An agreement between the White House and the National Governors' Association (NGA) to establish a new mechanism, the U.S. Innovation Partnership, for coordinating federal and state technology efforts was announced by Vice President Gore and NGA's Lead Governors on Technology John G. Rowland, (R-CT), and Parris N. Glendening, (D-MD), earlier this week.

  • Read more about White House, Governors Agree to Cooperate on Technology Issues

State-Federal Technology Executive for OSTP Sought

Friday, February 7, 1997

A State-Federal Technology Executive (SFTE) to serve in the White House Office of Science and Technology Policy (OSTP) is being sought. The SFTE, sponsored by the American Society of Mechanical Engineers (ASME), is a one year old initiative designed to encourage broad-scale science and technology cooperation between the states and the federal government.

  • Read more about State-Federal Technology Executive for OSTP Sought

NIH Center Seeking Comments on Strategic Plan

Friday, February 7, 1997

The National Center for Research Resources (NCRR) of the National Institutes of Health is seeking input as it updates its 1994 strategic plan, NCRR: A Catalyst for Discovery.

  • Read more about NIH Center Seeking Comments on Strategic Plan

"Corporate Welfare" Salvos Largely Spare S&T

Friday, January 31, 1997

Calls for an end to "corporate welfare" increased this week with an unusual coalition unveiling a list of targeted programs and nine senators calling for a commission to review federal subsidies to companies.

A coalition of liberal and conservative organizations has agreed to a list of twelve federal programs, including three technology-related programs, that should be terminated or modified because they are "corporate welfare."

  • Read more about "Corporate Welfare" Salvos Largely Spare S&T

Federal S&T Spending Levels Off After Declining

Friday, January 31, 1997

The final appropriation for federal science and technology (FS&T) for FY 1997 is $43.4 billion, a slight increase (0.7 percent) over the FY 1996 appropriation, according to a new report by the National Academy of Sciences (NAS).

  • Read more about Federal S&T Spending Levels Off After Declining

Women & Minorities Progress in S&E Field Limited

Friday, January 24, 1997

Women and minorities continue to take fewer high-level mathematics and science courses in high school; earn fewer bachelor's, master's and doctoral degrees in science and engineering (S&E); and remain less likely to be employed in S&E jobs than white males.

  • Read more about Women & Minorities Progress in S&E Field Limited

Guide to NIST Available

Friday, January 17, 1997

The new Guide to NIST, a one-stop information resource on the National Institute of Standards and Technology (NIST), is now available. The 164-page volume describes hundreds of different research projects, grants, industry outreach programs, services and facilities. The publication updates a 1993 edition. Requests for the guide can be faxed to 301/926-1630. An electronic version will be available online later this year on the NIST home page at http://www.nist.gov

  • Read more about Guide to NIST Available

USIP Holds Regional Meetings

Friday, January 10, 1997

The National Governors' Association (NGA), the White House Office of Science and Technology Policy, and the Technology Administration of the U.S. Department of Commerce are holding two more regional meetings to get input from state officials and others on the direction of the U.S. Innovation Partnership (USIP).

  • Read more about USIP Holds Regional Meetings

Western Europe Increasing Competitiveness in R&D Capacity

Friday, January 10, 1997

During the past decade, the European Union (EU) invested heavily in civilian R&D by building first-class laboratories and expanding higher education in science and engineering. Its efforts, according to the Data Brief for a new National Science Foundation report, Human Resources for Science and Technology: The European Region, are narrowing the lead the U.S. holds in R&D.

For example:

  • Read more about Western Europe Increasing Competitiveness in R&D Capacity

Overcapacity in Defense Labs

Friday, January 3, 1997

Department of Defense figures show there is approximately 35 percent excess capacity in its laboratory infrastructure, according to a General Accounting Office (GAO) report.

  • Read more about Overcapacity in Defense Labs

Edison Centers Have $1.2 Billion Economic Impact

Friday, December 20, 1996

Ohio's Edison Technology Centers generated a direct economic impact for Ohio of more than $730 million from 1992 to 1995, according to a new study prepared by Battelle Memorial Institute for the Edison Centers. The seven Edison Centers are non-profit organizations that combine state, industry and academic resources to solve industrial problems and develop new technologies.

  • Read more about Edison Centers Have $1.2 Billion Economic Impact

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Recent news from the SSTI Digest

Recent Research: National industrial policy to reshore US manufacturing can yield positive local effects

Thursday, March 12, 2026
Three academic researchers estimate that the localized job creation impacts resulting from the CHIPS and Science Act already have had a net gain of 12% in the affected counties. The direct jobs in the semiconductor sector alone are 15,000-16,000 short-term positions. With the high-paying nature of jobs in the field, researchers Bilge Erten, Joseph E. Stiglitz, and Eric Verhoogen estimate that, as a spillover effect, 15,000 to 30,000 additional indirect jobs have been created in related sectors.
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Useful Stats: Sectoral contributions to county GDP

Wednesday, March 11, 2026
Policymakers should be interested in which sectors are present in their region to ensure TBED investments and workforce priorities can have the greatest impact. Exploring gross domestic product (GDP) at the county level offers a detailed look at the economic output of sectors and how they shape local economies. At the county level, data for smaller or more rural counties may reveal nuances invisible when looking broadly at entire MSAs or states, particularly for those areas with lower populations.
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National VC trends and which states are bucking them

Wednesday, March 11, 2026
National VC investment over the past five years has seen significant swings, first driven by pandemic impacts and rebounds, then by the rocket ride of AI. According to PitchBook data, national VC activity below $100 million declined from nearly 10,500 deals in 2020 to just under 8,200 in 2025, a 22% drop. Over the same period, the total capital invested increased by just over $5 billion (6%). The trend of more funding into fewer deals is highlighted by the median deal size more than doubling to over $4 million (Fig 1). These macro trends are important as they set the stage for what is happening at the state level. 
venture capital
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